New Zealand: Furnace Burner Market 2024

Furnace Burner Market Size in New Zealand

In 2021, the New Zealand furnace burner market increased by 62% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption saw buoyant growth. Furnace burner consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Furnace Burner Exports

Exports from New Zealand

After three years of growth, shipments abroad of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers decreased by -8.7% to X tons in 2021. Overall, exports recorded a sharp downturn. The growth pace was the most rapid in 2018 with an increase of 698% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, furnace burner exports contracted markedly to $X in 2021. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 733% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for furnace burner exports from New Zealand, with a 62% share of total exports. Moreover, furnace burner exports to Australia exceeded the volume sent to the second major destination, Fiji (X tons), threefold. The third position in this ranking was held by Samoa (X kg), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to -27.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+30.7% per year) and Samoa (+35.1% per year).

In value terms, Australia ($X) emerged as the key foreign market for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exports from New Zealand, comprising 57% of total exports. The second position in the ranking was held by Fiji ($X), with a 19% share of total exports. It was followed by Samoa, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia totaled -21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (+36.6% per year) and Samoa (+20.1% per year).

Export Prices by Country

In 2021, the average furnace burner export price amounted to $X per ton, reducing by -58.2% against the previous year. Overall, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 280% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kiribati ($X per ton), while the average price for exports to Samoa ($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 Australia (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Furnace Burner Imports

Imports into New Zealand

In 2021, supplies from abroad of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers increased by 111% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 213% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, furnace burner imports surged to $X in 2021. Over the period under review, imports recorded noticeable growth. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of furnace burner to New Zealand, with a 68% share of total imports. Moreover, furnace burner imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was held by Italy (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from Austria stood at +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.2% per year) and Italy (+3.7% per year).

In value terms, Austria ($X) constituted the largest supplier of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers to New Zealand, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.9% share of total imports. It was followed by Italy, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.5% per year) and Italy (+2.7% per year).

Import Prices by Country

In 2021, the average furnace burner import price amounted to $X per ton, with a decrease of -41% against the previous year. Over the period under review, the import price showed a slight curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 66% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Hungary ($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 (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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