Finland: Furnace Burner Market 2025

Furnace Burner Market Size in Finland

In 2021, the Finnish furnace burner market increased by 120% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption enjoyed a perceptible increase. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Furnace Burner Production in Finland

In value terms, furnace burner production surged to $X in 2021 estimated in export price. In general, production saw a abrupt shrinkage. Furnace burner production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Furnace Burner Exports

Exports from Finland

In 2021, furnace burner exports from Finland contracted to X tons, declining by -11.4% compared with the previous year. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 16%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, furnace burner exports declined sharply to $X in 2021. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 28% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Russia (X tons) and the United States (X tons) were the main destinations of furnace burner exports from Finland, together comprising 45% of total exports. Austria, South Korea, the United Arab Emirates, India, Germany, Ukraine, the UK, Spain, China and Denmark lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +81.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for furnace burner exported from Finland were South Korea ($X), Russia ($X) and Sweden ($X), together comprising 45% of total exports. These countries were followed by the United States, Austria, India, Germany, the United Arab Emirates, China, Spain, the UK, Denmark and Ukraine, which together accounted for a further 35%.

Among the main countries of destination, Austria, with a CAGR of +74.1%, 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 more modest paces of growth.

Export Prices by Country

The average furnace burner export price stood at $X per ton in 2021, waning by -19% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 30%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Ukraine ($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 the UK (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Furnace Burner Imports

Imports into Finland

After two years of decline, purchases abroad of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers increased by 87% to X tons in 2021. Over the period under review, imports, however, saw a noticeable downturn. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, furnace burner imports declined markedly to $X in 2021. Overall, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 75% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Sweden (X tons) and Switzerland (X tons) were the main suppliers of furnace burner imports to Finland, with a combined 79% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +85.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Sweden ($X) were the largest furnace burner suppliers to Finland, with a combined 72% share of total imports. The United States, Switzerland, Belgium, Italy and Austria lagged somewhat behind, together accounting for a further 18%.

Switzerland, with a CAGR of +29.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average furnace burner import price stood at $X per ton in 2021, falling by -64.5% against the previous year. In general, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2020 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

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 Germany ($X per ton), while the price for Switzerland ($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 (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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