Belarus: Furnace Burner Market 2024

Furnace Burner Market Size in Belarus

The Belarusian furnace burner market contracted markedly to $X in 2021, with a decrease of -31.7% against the previous year. Overall, consumption showed a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Furnace Burner Production in Belarus

In value terms, furnace burner production fell sharply to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 745%. Furnace burner production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Furnace Burner Exports

Exports from Belarus

In 2021, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were exported from Belarus; shrinking by -8.9% compared with 2020. Overall, exports showed a deep setback. The growth pace was the most rapid in 2019 when exports increased by 300% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, furnace burner exports plummeted to $X in 2021. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 239%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X tons), Russia (X tons) and Uzbekistan (X tons) were the main destinations of furnace burner exports from Belarus, together accounting for 95% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +330.8%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Kazakhstan ($X) were the largest markets for furnace burner exported from Belarus worldwide, with a combined 95% share of total exports.

Poland, with a CAGR of +161.6%, saw the highest rates of growth with regard to 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 furnace burner export price amounted to $X per ton, dropping by -17.4% against the previous year. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average 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 Kazakhstan ($X per ton), while the average price for exports to Uzbekistan ($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 (+5.3%), while the prices for the other major destinations experienced a decline.

Furnace Burner Imports

Imports into Belarus

Furnace burner imports into Belarus surged to X tons in 2021, growing by 17% against the year before. Over the period under review, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2013 when imports increased by 50%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, furnace burner imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 148%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Russia (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of furnace burner imports to Belarus, with a combined 59% share of total imports. Ukraine, China, Germany and Lithuania lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +96.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Russia ($X) and Germany ($X) constituted the largest furnace burner suppliers to Belarus, with a combined 71% share of total imports. Poland, Lithuania, Ukraine and China lagged somewhat behind, together accounting for a further 25%.

China, with a CAGR of +65.1%, saw 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, surging by 2.1% against the previous year. Overall, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 68% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for China ($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 (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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