Benelux: Furnace Burner Market 2024

Furnace Burner Market Size in Benelux

The Benelux furnace burner market skyrocketed to $X in 2021, rising by 50% against the previous year. Overall, consumption recorded prominent growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Furnace Burner Production in Benelux

In value terms, furnace burner production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of 81% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Furnace Burner Exports

Exports in Benelux

In 2021, overseas shipments of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers increased by 15% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, furnace burner exports rose markedly to $X in 2021. Overall, exports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2020 when exports increased by 23%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the Netherlands (X tons) was the major exporter of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, generating 62% of total exports. Belgium (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together held near 38% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers. At the same time, Belgium (+3.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +3.1% from 2012-2021. By contrast, Luxembourg (-8.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium and the Netherlands increased by +7.1 and +5.5 percentage points, respectively.

In value terms, the largest furnace burner supplying countries in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Among the main exporting countries, Belgium, with a CAGR of +1.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, with a decrease of -7.8% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 30%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+0.3%), while the other leaders experienced a decline in the export price figures.

Furnace Burner Imports

Imports in Benelux

In 2021, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were imported in Benelux; jumping by 47% on the previous year's figure. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 61%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, furnace burner imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 28%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

The Netherlands represented the main importer of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in Benelux, with the volume of imports finishing at X tons, which was near 88% of total imports in 2021. It was distantly followed by Belgium (X tons), mixing up an 11% share of total imports.

The Netherlands was also the fastest-growing in terms of the furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers imports, with a CAGR of +24.9% from 2012 to 2021. At the same time, Belgium (+10.3%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +18 percentage points.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2021.

Among the main importing countries, the Netherlands, with a CAGR of +7.7%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, dropping by -21.9% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the import price increased by 23% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-7.7%).

Source: IndexBox Platform