Austria: Market for Furnace Burners For Liquid Fuel 2025

Market Size for Furnace Burners For Liquid Fuel in Austria

In 2021, the Austrian liquid fuel furnace burner market decreased by -17% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a mild increase. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Production of Furnace Burners For Liquid Fuel in Austria

In value terms, liquid fuel furnace burner production dropped sharply to $X in 2021 estimated in export price. In general, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 231%. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

Exports of Furnace Burners For Liquid Fuel

Exports from Austria

In 2021, overseas shipments of furnace burners for liquid fuel were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 177%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports stood at $X in 2021. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for liquid fuel furnace burner exports from Austria, with a 65% share of total exports. Moreover, liquid fuel furnace burner exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), eightfold. The third position in this ranking was taken by Italy (X tons), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+2.2% per year) and Italy (+12.7% per year).

In value terms, Germany ($X) remains the key foreign market for furnace burners for liquid fuel exports from Austria, comprising 71% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total exports. It was followed by Italy, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+20.3% per year) and Italy (+9.8% per year).

Export Prices by Country

The average liquid fuel furnace burner export price stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then reduced slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Slovakia ($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 India (+33.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Liquid Fuel

Imports into Austria

In 2021, approx. X tons of furnace burners for liquid fuel were imported into Austria; with an increase of 59% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of liquid fuel furnace burner to Austria, accounting for a 57% share of total imports. Moreover, liquid fuel furnace burner imports from Germany exceeded the figures recorded by the second-largest supplier, Finland (X tons), twofold. The third position in this ranking was taken by Liechtenstein (X tons), with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+96.9% per year) and Liechtenstein (-2.4% per year).

In value terms, Germany ($X), Finland ($X) and Liechtenstein ($X) constituted the largest liquid fuel furnace burner suppliers to Austria, together accounting for 90% of total imports. Sweden, Switzerland, the Netherlands and Italy lagged somewhat behind, together comprising a further 7.2%.

Sweden, with a CAGR of +2,418.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average liquid fuel furnace burner import price amounted to $X per ton, dropping by -3.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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