Czech Republic: Market for Furnace Burners For Liquid Fuel 2025

Market Size for Furnace Burners For Liquid Fuel in the Czech Republic

In 2021, the Czech liquid fuel furnace burner market decreased by -25.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate noticeable growth. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Production of Furnace Burners For Liquid Fuel in the Czech Republic

In value terms, liquid fuel furnace burner production reduced dramatically to $X in 2021 estimated in export price. Overall, production, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 115% against the previous year. As a result, production attained the peak level of $X, and then shrank markedly in the following year.

Exports of Furnace Burners For Liquid Fuel

Exports from the Czech Republic

In 2021, overseas shipments of furnace burners for liquid fuel decreased by -8.5% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by 431%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, liquid fuel furnace burner exports fell significantly to $X in 2021. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 540% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovakia (X tons), South Korea (X tons) and Japan (X kg) were the main destinations of liquid fuel furnace burner exports from the Czech Republic, with a combined 81% share 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 Japan (with a CAGR of +475.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for liquid fuel furnace burner exported from the Czech Republic were South Korea ($X), Slovakia ($X) and Japan ($X), together comprising 71% of total exports.

In terms of the main countries of destination, Japan, with a CAGR of +930.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average liquid fuel furnace burner export price stood at $X per ton in 2021, declining by -54.9% against the previous year. In general, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 223%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Hungary ($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 Japan (+79.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Liquid Fuel

Imports into the Czech Republic

In 2021, supplies from abroad of furnace burners for liquid fuel was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2015 when imports increased by 296% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, liquid fuel furnace burner imports surged to $X in 2021. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 86% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of liquid fuel furnace burner imports to the Czech Republic, together comprising 72% of total imports. These countries were followed by Serbia, Poland, the UK and Spain, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +104.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of furnace burners for liquid fuel to the Czech Republic, comprising 40% of total imports. The second position in the ranking was taken by Poland ($X), with a 15% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+49.5% per year) and China (-6.4% per year).

Import Prices by Country

The average liquid fuel furnace burner import price stood at $X per ton in 2021, falling by -27.5% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 64%. The import price peaked at $X per ton in 2020, and then declined significantly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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