Malta: Furnace Burner Market 2020

Furnace Burner Market Size in Malta

The revenue of the furnace burner market in Malta amounted to $X in 2018, coming down 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). In general, furnace burner consumption, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, the furnace burner market attained its peak level of $X, and then declined slightly in the following year.

Furnace Burner Exports

Exports from Malta

Furnace burner exports from Malta totaled X kg in 2018, rising by X% against the previous year. Over the period under review, furnace burner exports, however, continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Malta exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, furnace burner exports amounted to $X in 2018. In general, furnace burner exports, however, continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2010 when exports decreased by -X% y-o-y. Malta 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) were the main exporters of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, together making up 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 Malta were Germany ($X), Italy ($X) and the U.S. ($X), with a combined X% share of total exports. China, Austria, the UK, the Netherlands, South Korea, France, Russia and Malta lagged somewhat behind, together comprising a further X Korea recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The furnace burner export price in Malta stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the furnace burner export price continues to indicate a deep slump. 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 reached their maximum at $X per ton in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; 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 Malta

In 2018, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were imported into Malta; waning by -X% against the previous year. Over the period under review, furnace burner imports, however, continue to indicate a modest increase. The pace of growth was the most pronounced in 2017 when imports increased by X% year-to-year. In that year, furnace burner imports reached their peak of X tons, and then declined slightly in the following year.

In value terms, furnace burner imports totaled $X in 2018. Over the period under review, furnace burner imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. In that year, furnace burner imports reached their peak of $X. From 2016 to 2018, the growth of furnace burner imports failed to regain its 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) represented the largest importers of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers, together creating X% of total imports. The UK (X tons), Vietnam (X tons), Germany (X tons), France (X tons), Spain (X tons), Turkey (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers into Malta, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($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. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Russia (+X% per year).

Import Prices by Country

The furnace burner import price in Malta stood at $X per ton in 2018, falling by -X% against the previous year. Overall, the furnace burner import price continues to indicate a deep descent. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. In that year, the import prices for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers attained their peak level of $X per ton. From 2016 to 2018, the growth in terms of the import prices for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers remained at a somewhat lower figure.

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