Iceland: Furnace Burner Market 2020

Furnace Burner Market Size in Iceland

The revenue of the furnace burner market in Iceland amounted to $X in 2018, picking up by X% 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). Over the period under review, furnace burner consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the furnace burner market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Furnace Burner Exports

Exports from Iceland

In 2018, the amount of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exported from Iceland stood at X kg, picking up by X% against the previous year. In general, furnace burner exports, however, continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, furnace burner exports attained their peak figure at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, furnace burner exports stood at $X in 2018. Over the period under review, furnace burner exports, however, continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Italy (X tons), distantly followed by Germany (X tons), China (X tons) and Austria (X tons) represented the major exporters of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, together committing X% of total exports. The U.S. (X tons), the UK (X tons), the Netherlands (X tons), Russia (X tons), France (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest furnace burner markets from Iceland were Germany ($X), Italy ($X) and the U.S. ($X), together accounting for X% of total exports. These countries were followed by China, Austria, the UK, the Netherlands, South Korea, France, Russia and Iceland, which together accounted for a further X Korea recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The furnace burner export price in Iceland stood at $X per ton in 2018, leveling off at the previous year. In general, the furnace burner export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the export prices for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers attained their peak figure at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Furnace Burner Imports

Imports into Iceland

In 2018, the amount of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers imported into Iceland amounted to X tons, falling by -X% against the previous year. Over the period under review, furnace burner imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, furnace burner imports attained their maximum at X tons in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, furnace burner imports amounted to $X in 2018. Overall, furnace burner imports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, furnace burner imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tons), followed by the U.S. (X tons), Indonesia (X tons), Russia (X tons) and Italy (X tons) were the key importers of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, together generating X% of total imports. The following importers - the UK (X tons), Vietnam (X tons), Germany (X tons), France (X tons), Spain (X tons), Turkey (X tons) and Saudi Arabia (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers into Iceland, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

In China, furnace burner imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Russia (+X% per year).

Import Prices by Country

In 2018, the furnace burner import price in Iceland amounted to $X per ton, increasing by X% against the previous year. In general, the furnace burner import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X% year-to-year. Over the period under review, the import prices for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers attained their maximum at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform