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

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

The Belarusian solid fuel furnace burner market soared to $X in 2021, rising by 31% 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, however, continues to indicate a abrupt descent. Solid fuel furnace burner consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Belarus

In 2021, approx. X tons of furnace burners for solid fuel or gas were exported from Belarus; with an increase of 16% on 2020 figures. In general, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 330% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, solid fuel furnace burner exports declined dramatically to $X in 2021. Over the period under review, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by 310% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons), Uzbekistan (X tons) and Kazakhstan (X tons) were the main destinations of solid fuel furnace burner exports from Belarus, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were in Kazakhstan (with a CAGR of +20.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) remains the key foreign market for solid fuel furnace burner exports from Belarus, comprising 82% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 9.3% share of total exports. It was followed by Uzbekistan, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+3.8% per year) and Uzbekistan (0.0% per year).

Export Prices by Country

In 2021, the average solid fuel furnace burner export price amounted to $X per ton, falling by -34% against the previous year. Overall, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per ton), while the average price for exports to Uzbekistan ($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 Russia (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Belarus

In 2021, approx. X tons of furnace burners for solid fuel or gas were imported into Belarus; increasing by 27% against the previous year. Overall, imports, however, saw a deep slump. The growth pace was the most rapid in 2019 with an increase of 204% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, solid fuel furnace burner imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 260%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X tons), Italy (X tons) and Ukraine (X tons) were the main suppliers of solid fuel furnace burner imports to Belarus, together comprising 73% of total imports.

From 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +57.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest solid fuel furnace burner suppliers to Belarus were Italy ($X), Germany ($X) and Russia ($X), with a combined 76% share of total imports. These countries were followed by Poland, Lithuania and Ukraine, which together accounted for a further 23%.

Ukraine, with a CAGR of +35.1%, 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 solid fuel furnace burner import price amounted to $X per ton, reducing by -4.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 57% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :