Report Cuba - Furnace Burners, Mechanical Stokers, Mechanical Grates and Mechanical Ash Dischargers - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Cuba - Furnace Burners, Mechanical Stokers, Mechanical Grates and Mechanical Ash Dischargers - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Furnace Burner Market 2024

Furnace Burner Market Size in Cuba

The Cuban furnace burner market surged to $X in 2021, growing by 81% 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). In general, consumption posted a moderate increase. Furnace burner consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Furnace Burner Exports

Exports from Cuba

In 2016, after two years of decline, there was decline in shipments abroad of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, when their volume decreased by 0% to X kg. Overall, exports saw a abrupt slump. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the peak figure at X kg in 2013; however, from 2014 to 2016, the exports failed to regain momentum.

In value terms, furnace burner exports stood at $X in 2016. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the maximum in 2016 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X kg) was the main destination for furnace burner exports from Cuba, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2013 to 2016, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average furnace burner export price stood at $X per ton in 2016, approximately equating the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2016 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2016, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Furnace Burner Imports

Imports into Cuba

For the third consecutive year, Cuba recorded growth in overseas purchases of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, which increased by 54% to X tons in 2021. Overall, imports posted a mild increase. The growth pace was the most rapid in 2015 when imports increased by 259%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, furnace burner imports surged to $X in 2021. In general, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2019 with an increase of 215%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of furnace burner to Cuba, with a 51% share of total imports. Moreover, furnace burner imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.9% per year) and Germany (+47.5% per year).

In value terms, China ($X), Spain ($X) and Italy ($X) constituted the largest furnace burner suppliers to Cuba, together accounting for 85% of total imports.

Among the main suppliers, China, with a CAGR of +33.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average furnace burner import price stood at $X per ton in 2021, jumping by 36% against the previous year. In general, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, furnace burner import price decreased by -27.9% against 2019 indices. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the world?

The countries with the highest volumes of furnace burner consumption in 2020 were China, Indonesia and the United States, together comprising 46% of global consumption. Japan, Nigeria, Russia, Mexico, Italy, Austria, South Korea, Germany and Canada lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in the world?

China constituted the country with the largest volume of furnace burner production, comprising approx. 33% of total volume. Moreover, furnace burner production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Italy, with an 8.8% share.

What are the leading suppliers of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers to Cuba?

In value terms, China constituted the largest supplier of furnace burner to Cuba, comprising 49% of total imports. The second position in the ranking was occupied by Spain, with a 23% share of total imports. It was followed by the UK, with a 16% share.

What is the average export price for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in Cuba?

In 2016, the average furnace burner export price amounted to $45,773 per ton, leveling off at the previous year.

What is the average import price for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in Cuba?

The average furnace burner import price stood at $22,147 per ton in 2020, with an increase of 147% against the previous year.

This report provides an in-depth analysis of the furnace burner market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211130 - Furnace burners for liquid fuel
Prodcom 28211150 - Furnace burners for solid fuel or gas (including combination burners)
Prodcom 28211170 - Mechanical stokers (including their mechanical grates, m echanical ash dischargers and similar appliances)

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023