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

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

The CIS solid fuel furnace burner market surged to $X in 2021, with an increase of 25% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Furnace Burners For Solid Fuel Or Gas in CIS

In value terms, solid fuel furnace burner production skyrocketed to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 107% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports in CIS

In 2021, solid fuel furnace burner exports in the CIS reduced sharply to X tons, which is down by -39.5% on 2020. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by 102%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, solid fuel furnace burner exports fell remarkably to $X in 2021. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 99% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia was the main exporting country with an export of about X tons, which amounted to 80% of total exports. It was distantly followed by Belarus (X tons), constituting a 15% share of total exports. Kazakhstan (X tons) and Uzbekistan (X tons) followed a long way behind the leaders.

Exports from Russia decreased at an average annual rate of -9.2% from 2012 to 2021. At the same time, Uzbekistan (+240.2%) and Kazakhstan (+25.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +240.2% from 2012-2021. By contrast, Belarus (-7.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan and Uzbekistan increased by +3.5 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest solid fuel furnace burner supplier in the CIS, comprising 86% of total exports. The second position in the ranking was held by Belarus ($X), with a 10% share of total exports. It was followed by Kazakhstan, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -8.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-11.8% per year) and Kazakhstan (+19.3% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per ton), while Uzbekistan ($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 (+1.2%), while the other leaders experienced a decline in the export price figures.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports in CIS

In 2021, approx. X tons of furnace burners for solid fuel or gas were imported in the CIS; with a decrease of -6.5% on 2020. Overall, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2013 when imports increased by 31% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, solid fuel furnace burner imports skyrocketed to $X in 2021. Over the period under review, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 35% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of furnace burners for solid fuel or gas, making up 73% of total imports. Kazakhstan (X tons) held the second position in the ranking, distantly followed by Belarus (X tons). All these countries together took near 20% share of total imports. The following importers - Uzbekistan (X tons) and Azerbaijan (X tons) - each reached a 5.8% share of total imports.

Imports into Russia decreased at an average annual rate of -2.6% from 2012 to 2021. Kazakhstan experienced a relatively flat trend pattern. Belarus (-5.9%), Uzbekistan (-6.5%) and Azerbaijan (-11.5%) illustrated a downward trend over the same period. Uzbekistan (+3.1 p.p.) and Kazakhstan (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Azerbaijan saw its share reduced by -1.8% and -3.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported furnace burners for solid fuel or gas in the CIS, comprising 79% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 9.1% share of total imports. It was followed by Belarus, with a 4.4% share.

In Russia, solid fuel furnace burner imports plunged by an average annual rate of -2.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+0.7% per year) and Belarus (-6.6% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, growing by 33% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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