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Report Myanmar - Furnace Burners, Mechanical Stokers, Mechanical Grates and Mechanical Ash Dischargers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Myanmar - Furnace Burners, Mechanical Stokers, Mechanical Grates and Mechanical Ash Dischargers - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Furnace Burner Market 2024

Furnace Burner Market Size in Myanmar

The Myanmar's furnace burner market dropped to $X in 2021, reducing by -6% against the previous year. Over the period under review, consumption saw a mild descent. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Furnace Burner Production in Myanmar

In value terms, furnace burner production shrank to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 118%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Furnace Burner Exports

Exports from Myanmar

After two years of decline, overseas shipments of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers decreased by 0% to X tons in 2016. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs in 2016 and are expected to retain growth in years to come.

In value terms, furnace burner exports stood at $X in 2016. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2016 and are expected to retain growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for furnace burner exports from Myanmar, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Malaysia was relatively modest.

From 2013 to 2016, the average annual rate of growth in terms of value to Malaysia was relatively modest.

Export Prices by Country

In 2016, the average furnace burner export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a dramatic contraction. The most prominent rate of growth was recorded in 2014 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2016, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2013 to 2016, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Furnace Burner Imports

Imports into Myanmar

In 2021, the amount of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers imported into Myanmar surged to X tons, growing by 67% against 2020. In general, imports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 120%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, furnace burner imports soared to $X in 2021. Overall, imports, however, faced a dramatic contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 105% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of furnace burner imports to Myanmar, together comprising 88% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +39.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest furnace burner suppliers to Myanmar were China ($X), Taiwan (Chinese) ($X) and South Korea ($X), together accounting for 69% of total imports. These countries were followed by Japan, India and Vietnam, which together accounted for a further 25%.

In terms of the main suppliers, Vietnam, with a CAGR of +34.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average furnace burner import price amounted to $X per ton, waning by -8.7% against the previous year. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of furnace burner consumption in 2020 were China, Indonesia and the United States, together comprising 46% of global consumption. These countries were followed by Japan, Nigeria, Russia, Mexico, Italy, Austria, South Korea, Germany and Canada, which together accounted for a further 26%.
China constituted the country with the largest volume of furnace burner production, comprising approx. 33% of total volume. Moreover, furnace burner production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Italy ranked third in terms of total production with an 8.8% share.
In value terms, the largest furnace burner suppliers to Myanmar were China, India and Turkey, together comprising 92% of total imports.
The average furnace burner export price stood at $700 per ton in 2016, almost unchanged from the previous year.
In 2020, the average furnace burner import price amounted to $30,862 per ton, picking up by 40% against the previous year.

This report provides an in-depth analysis of the furnace burner market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28211130 - Furnace burners for liquid fuel
  • Prodcom 28211150 - Furnace burners for solid fuel or gas (including combination burners)
  • Prodcom 28211170 - Mechanical stokers (including their mechanical grates, m echanical ash dischargers and similar appliances)

Country coverage:

  • Myanmar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Myanmar
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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