Australia: Furnace Burner Market 2025

Furnace Burner Market Size in Australia

The Australian furnace burner market contracted markedly to $X in 2021, with a decrease of -22.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Furnace Burner Exports

Exports from Australia

Furnace burner exports from Australia surged to X tons in 2021, picking up by 31% against the previous year. Over the period under review, exports continue to indicate a perceptible expansion. The pace of growth was the most pronounced in 2015 when exports increased by 162%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, furnace burner exports dropped sharply to $X in 2021. In general, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 119% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for furnace burner exports from Australia, with a 75% share of total exports. Moreover, furnace burner exports to Hong Kong SAR exceeded the volume sent to the second major destination, New Zealand (X tons), ninefold. The third position in this ranking was taken by Vietnam (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR totaled +152.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+6.1% per year) and Vietnam (+19.5% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exports from Australia, comprising 37% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports. It was followed by Vietnam, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR totaled +104.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+8.0% per year) and Vietnam (+19.5% per year).

Export Prices by Country

The average furnace burner export price stood at $X per ton in 2021, with a decrease of -66.4% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 105% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Fiji ($X per ton) was 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 (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.

Furnace Burner Imports

Imports into Australia

In 2021, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were imported into Australia; declining by -13.1% against the previous year. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 with an increase of 107% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, furnace burner imports soared to $X in 2021. Overall, imports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2013 with an increase of 89% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of furnace burner imports to Australia, with a combined 67% share of total imports. These countries were followed by the UK, Denmark, China and France, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +24.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the United States ($X) constituted the largest furnace burner suppliers to Australia, with a combined 75% share of total imports. These countries were followed by China, the UK, France and Denmark, which together accounted for a further 18%.

Denmark, with a CAGR of +29.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average furnace burner import price stood at $X per ton in 2021, with an increase of 33% against the previous year. In general, the import price continues to indicate a perceptible expansion. The growth pace was the most rapid in 2017 when the average import price increased by 83%. The import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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