Australia: Market for Furnace Burners For Liquid Fuel 2025

Market Size for Furnace Burners For Liquid Fuel in Australia

In 2021, the Australian liquid fuel furnace burner market decreased by -23.7% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, enjoyed a resilient increase. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Production of Furnace Burners For Liquid Fuel in Australia

In value terms, liquid fuel furnace burner production dropped significantly to $X in 2021 estimated in export price. Over the period under review, production, however, posted a notable increase. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. As a result, production attained the peak level of $X, and then reduced dramatically in the following year.

Exports of Furnace Burners For Liquid Fuel

Exports from Australia

For the fourth year in a row, Australia recorded decline in shipments abroad of furnace burners for liquid fuel, which decreased by -63.3% to X tons in 2021. Overall, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2015 with an increase of 918%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports dropped notably to $X in 2021. In general, exports showed a sharp decline. The growth pace was the most rapid in 2015 with an increase of 431%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for liquid fuel furnace burner exports from Australia, accounting for a 70% share of total exports. Moreover, liquid fuel furnace burner exports to New Zealand exceeded the volume sent to the second major destination, Cote d'Ivoire (X kg), sevenfold. New Caledonia (X kg) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+5.2% per year) and New Caledonia (0.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for furnace burners for liquid fuel exports from Australia, comprising 70% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 9.8% share of total exports. It was followed by New Caledonia, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+3.9% per year) and New Caledonia (0.0% per year).

Export Prices by Country

In 2021, the average liquid fuel furnace burner export price amounted to $X per ton, stabilizing at the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 117%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to South Korea ($X per ton) and Senegal ($X per ton), while the average price for exports to New Caledonia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Liquid Fuel

Imports into Australia

In 2021, the amount of furnace burners for liquid fuel imported into Australia surged to X tons, rising by 84% compared with 2020 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 694% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports soared to $X in 2021. In general, imports continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 822%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and the United States (X tons) were the main suppliers of liquid fuel furnace burner imports to Australia, together comprising 87% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +40.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Italy ($X) and the United States ($X) appeared to be the largest liquid fuel furnace burner suppliers to Australia, with a combined 87% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +22.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average liquid fuel furnace burner import price stood at $X per ton in 2021, dropping by -5.7% against the previous year. In general, the import price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 104%. The import price peaked at $X per ton in 2020, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and Sweden ($X per ton), while the price for Germany ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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