Austria: Market for Furnace Burners For Solid Fuel Or Gas 2022

Market Size for Furnace Burners For Solid Fuel Or Gas in Austria

The Austrian solid fuel furnace burner market surged to $X in 2021, jumping by 29% against the previous year. In general, consumption, however, saw a mild descent. Solid fuel furnace burner consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Furnace Burners For Solid Fuel Or Gas in Austria

In value terms, solid fuel furnace burner production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 124% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Austria

In 2021, shipments abroad of furnace burners for solid fuel or gas was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -35.1% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 47% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, solid fuel furnace burner exports skyrocketed to $X in 2021. In general, total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.1% against 2018 indices. The pace of growth was the most pronounced in 2017 when exports increased by 52%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Russia (X tons) and Turkey (X tons) were the main destinations of solid fuel furnace burner exports from Austria, with a combined 48% share of total exports. These countries were followed by China, France, Switzerland, South Korea, the United States, Iran, the UK, Poland, Hungary and Sweden, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +108.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solid fuel furnace burner exported from Austria were Germany ($X), Russia ($X) and China ($X), together comprising 44% of total exports. The United States, France, Turkey, Switzerland, Iran, South Korea, Poland, the UK, Sweden and Hungary lagged somewhat behind, together accounting for a further 43%.

France, with a CAGR of +116.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average solid fuel furnace burner export price amounted to $X per ton, increasing by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($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 (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Austria

In 2021, the amount of furnace burners for solid fuel or gas imported into Austria contracted to X tons, declining by -11% against the year before. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 43% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 40% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of solid fuel furnace burner to Austria, with a 63% share of total imports. Moreover, solid fuel furnace burner imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+3.4% per year) and Italy (-7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of solid fuel furnace burner to Austria, comprising 72% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 5% share of total imports. It was followed by Trinidad and Tobago, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.6% per year) and Trinidad and Tobago (-3.4% per year).

Import Prices by Country

The average solid fuel furnace burner import price stood at $X per ton in 2021, increasing by 32% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, solid fuel furnace burner import price increased by +44.3% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 63%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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