Puerto Rico - Furnace Burners for Solid Fuel or Gas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Market for Furnace Burners For Solid Fuel Or Gas 2022
Market Size for Furnace Burners For Solid Fuel Or Gas in Puerto Rico
The Puerto Rican solid fuel furnace burner market shrank modestly to $X in 2021, declining by -1.9% against the previous year. Overall, consumption, however, saw a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Production of Furnace Burners For Solid Fuel Or Gas in Puerto Rico
In value terms, solid fuel furnace burner production dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 15% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.
Exports of Furnace Burners For Solid Fuel Or Gas
Exports by Country
The biggest shipments were from Italy (X tons), Germany (X tons) and China (X tons), together finishing at 59% of total export. The following exporters - Romania (X tons), the United States (X tons), the United Arab Emirates (X tons), the Netherlands (X tons), Turkey (X tons), Taiwan (Chinese) (X tons) and India (X tons) - together made up 20% of total exports.
From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +23.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Italy ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, with a combined 64% share of total exports. The United States, the Netherlands, Romania, Turkey, India, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further 13%.
In terms of the main exporting countries, India, with a CAGR of +9.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.
Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the other leaders experienced more modest paces of growth.
Imports of Furnace Burners For Solid Fuel Or Gas
Imports by Country
In 2021, the Netherlands (X tons) represented the key importer of furnace burners for solid fuel or gas, committing 32% of total imports. It was distantly followed by China (X tons), constituting a 4.9% share of total imports. Russia (X tons), Turkey (X tons), Indonesia (X tons), Belgium (X tons), Italy (X tons), Slovakia (X tons), the United States (X tons), Germany (X tons), Nigeria (X tons), the United Arab Emirates (X tons) and Canada (X tons) followed a long way behind the leaders.
Imports into the Netherlands increased at an average annual rate of +28.3% from 2012 to 2021. At the same time, Nigeria (+36.4%), Belgium (+13.8%), Slovakia (+8.0%), Germany (+2.8%), the United Arab Emirates (+2.1%) and the United States (+2.0%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +36.4% from 2012-2021. Turkey and Indonesia experienced a relatively flat trend pattern. By contrast, Italy (-1.1%), Russia (-2.6%), Canada (-2.7%) and China (-5.2%) illustrated a downward trend over the same period. While the share of the Netherlands (+27 p.p.), Nigeria (+2.3 p.p.) and Belgium (+1.8 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Russia (-2.7 p.p.) and China (-5.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X), Russia ($X) and the United States ($X) were the countries with the highest levels of imports in 2021, with a combined 26% share of total imports. Turkey, Germany, Canada, Slovakia, Italy, the Netherlands, Belgium, Indonesia, the United Arab Emirates and Nigeria lagged somewhat behind, together comprising a further 25%.
Among the main importing countries, Nigeria, with a CAGR of +11.3%, saw 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 import price in Puerto Rico amounted to less than $X per ton, remaining constant against the previous year. Overall, the import price showed a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was China ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for solid fuel furnace burner in Puerto Rico. 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 28211150 - Furnace burners for solid fuel or gas (including combination burners)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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