CIS: Furnace Burner Market 2024

Furnace Burner Market Size in CIS

In 2021, the CIS furnace burner market increased by 75% to $X for the first time since 2017, thus ending a three-year declining trend. The total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Furnace Burner Production in CIS

In value terms, furnace burner production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 56% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Furnace Burner Exports

Exports in CIS

In 2021, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were exported in the CIS; rising by 3% against 2020. In general, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 68% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, furnace burner exports shrank notably to $X in 2021. Over the period under review, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 129%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia represented the key exporter of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the CIS, with the volume of exports accounting for X tons, which was approx. 81% of total exports in 2021. It was distantly followed by Belarus (X tons), mixing up a 17% share of total exports.

Russia was also the fastest-growing in terms of the furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exports, with a CAGR of -5.2% from 2012 to 2021. Belarus (-7.1%) illustrated a downward trend over the same period. Russia (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -2.8% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest furnace burner supplier in the CIS, comprising 84% of total exports. The second position in the ranking was taken by Belarus ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled -6.2%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, reducing by -21.5% against the previous year. Overall, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by 88%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-1.0%).

Furnace Burner Imports

Imports in CIS

In 2021, imports of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the CIS skyrocketed to X tons, jumping by 71% on 2020. Total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, furnace burner imports soared to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia represented the major importer of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the CIS, with the volume of imports finishing at X tons, which was approx. 76% of total imports in 2021. Kazakhstan (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (6.7%). Belarus (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +2.7% from 2012 to 2021. At the same time, Uzbekistan (+60.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +60.6% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. By contrast, Belarus (-3.8%) illustrated a downward trend over the same period. While the share of Uzbekistan (+6.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belarus (-1.8 p.p.) and Kazakhstan (-2.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the CIS, comprising 79% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 14% share of total imports. It was followed by Belarus, with a 2.7% share.

In Russia, furnace burner imports increased at an average annual rate of +2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+7.8% per year) and Belarus (-6.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, surging by 7.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 10%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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