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Report Northern America - Furnace Burners for Liquid Fuel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Northern America - Furnace Burners for Liquid Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Northern America

After three years of growth, the North American liquid fuel furnace burner market decreased by -22.3% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Production of Furnace Burners For Liquid Fuel in Northern America

In value terms, liquid fuel furnace burner production contracted rapidly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 89%. As a result, production attained the peak level of $X, and then contracted markedly in the following year.

Exports of Furnace Burners For Liquid Fuel

Exports in Northern America

In 2021, shipments abroad of furnace burners for liquid fuel decreased by -19.8% to X tons, falling for the fourth year in a row after two years of growth. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 105%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, liquid fuel furnace burner exports rose significantly to $X in 2021. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 104%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Canada (X tons) was the major exporter of furnace burners for liquid fuel, constituting 75% of total exports. It was distantly followed by the United States (X tons), committing a 25% share of total exports.

Canada was also the fastest-growing in terms of the furnace burners for liquid fuel exports, with a CAGR of -3.4% from 2012 to 2021. The United States (-29.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +59 percentage points.

In value terms, the United States ($X) remains the largest liquid fuel furnace burner supplier in Northern America, comprising 75% of total exports. The second position in the ranking was held by Canada ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at -9.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, surging by 35% against the previous year. Overall, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the export price increased by 153% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+26.9%).

Imports of Furnace Burners For Liquid Fuel

Imports in Northern America

After two years of decline, overseas purchases of furnace burners for liquid fuel increased by 11% to X tons in 2021. Over the period under review, imports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of 31% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, liquid fuel furnace burner imports rose modestly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 32%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Canada represented the key importer of furnace burners for liquid fuel in Northern America, with the volume of imports finishing at X tons, which was near 79% of total imports in 2021. It was distantly followed by the United States (X tons), generating a 20% share of total imports.

Canada was also the fastest-growing in terms of the furnace burners for liquid fuel imports, with a CAGR of +2.9% from 2012 to 2021. The United States (-9.9%) illustrated a downward trend over the same period. Canada (+25 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -25.3% from 2012 to 2021, respectively.

In value terms, the largest liquid fuel furnace burner importing markets in Northern America were Canada ($X) and the United States ($X).

Canada, with a CAGR of +1.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, waning by -6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 29%. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of liquid fuel furnace burner consumption was the United States, comprising approx. 88% of total volume. Moreover, liquid fuel furnace burner consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.
The United States remains the largest liquid fuel furnace burner producing country in Northern America, accounting for 91% of total volume. Moreover, liquid fuel furnace burner production in the United States exceeded the figures recorded by the second-largest producer, Canada, tenfold.
In value terms, the United States remains the largest liquid fuel furnace burner supplier in Northern America, comprising 75% of total exports. The second position in the ranking was occupied by Canada, with a 25% share of total exports.
In value terms, Canada and the United States appeared to be the countries with the highest levels of imports in 2021.
In 2021, the export price in Northern America amounted to $38,190 per ton, shrinking by -19.8% against the previous year.
In 2021, the import price in Northern America amounted to $24,328 per ton, shrinking by -20.9% against the previous year.

This report provides an in-depth analysis of the market for liquid fuel furnace burner in Northern America. 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

Country coverage:

  • Bermuda
  • Canada
  • Greenland
  • Saint Pierre and Miquelon
  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Northern America, split by region and country
  • Trade (exports and imports) in Northern America
  • 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. CONSUMPTION BY COUNTRY
    3. 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
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bermuda
    • Canada
    • Greenland
    • Saint Pierre and Miquelon
    • United States

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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