Mexico: Furnace Burner Market 2025

Furnace Burner Market Size in Mexico

The Mexican furnace burner market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, showed a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Furnace Burner Production in Mexico

In value terms, furnace burner production stood at $X in 2021 estimated in export price. In general, production showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 7.2% against the previous year. Furnace burner production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Furnace Burner Exports

Exports from Mexico

In 2021, overseas shipments of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers decreased by -39.8% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 286%. Over the period under review, the exports attained the maximum at X tons in 2020, and then plummeted in the following year.

In value terms, furnace burner exports reduced markedly to $X in 2021. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 303% against the previous year. The exports peaked at $X in 2020, and then fell rapidly in the following year.

Exports by Country

The United States (X tons) was the main destination for furnace burner exports from Mexico, with a 88% share of total exports. Moreover, furnace burner exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +27.1%.

In value terms, the United States ($X) remains the key foreign market for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exports from Mexico, comprising 96% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +22.5%.

Export Prices by Country

In 2021, the average furnace burner export price amounted to $X per ton, shrinking by -16.1% against the previous year. In general, the export price saw a noticeable descent. The growth pace was the most rapid in 2018 when the average export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.6%).

Furnace Burner Imports

Imports into Mexico

In 2021, purchases abroad of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers increased by 31% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +50.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 70% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, furnace burner imports skyrocketed to $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +36.6% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 64%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of furnace burner to Mexico, accounting for a 54% share of total imports. Moreover, furnace burner imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Italy (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.3% per year) and Italy (+0.3% per year).

In value terms, the United States ($X) constituted the largest supplier of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers to Mexico, comprising 59% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Germany, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.1% per year) and Germany (+15.6% per year).

Import Prices by Country

The average furnace burner import price stood at $X per ton in 2021, dropping by -6.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 7.6%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :