Puerto Rico: Furnace Burner Market 2024

Furnace Burner Market Size in Puerto Rico

The Puerto Rican furnace burner market fell to $X in 2021, which is down by -8.9% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Furnace Burner Production in Puerto Rico

In value terms, furnace burner production fell to $X in 2021 estimated in export price. Overall, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +13.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 61% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Furnace Burner Exports

Exports from Puerto Rico

In 2021, the amount of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exported from Puerto Rico totaled less than X kg, flattening at the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern.

In value terms, furnace burner exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

The biggest shipments were from Italy (X tons), Germany (X tons) and China (X tons), together recording 59% of total export. The following exporters - Turkey (X tons), Poland (X tons), the Netherlands (X tons), Hungary (X tons), Romania (X tons), Austria (X tons), India (X tons), the United States (X tons) and the United Arab Emirates (X tons) - together made up 23% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Turkey (with a CAGR of +16.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest furnace burner supplying countries from Puerto Rico were Germany ($X), Italy ($X) and China ($X), together accounting for 62% of total exports. These countries were followed by the United States, the Netherlands, Austria, Hungary, Turkey, Poland, Romania, India and the United Arab Emirates, which together accounted for a further 18%.

Among the main exporting countries, Turkey, with a CAGR of +14.7%, saw the highest growth rate of 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

The export price in Puerto Rico stood at less than $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), while the other leaders experienced more modest paces of growth.

Furnace Burner Imports

Imports into Puerto Rico

Furnace burner imports into Puerto Rico amounted to less than X kg in 2021, leveling off at 2020. Overall, imports saw a relatively flat trend pattern.

In value terms, furnace burner imports amounted to less than $X in 2021. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

The Netherlands (X tons) and Indonesia (X tons) represented the main importers of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers in 2021, amounting to near 20% and 14% of total imports, respectively. It was distantly followed by Russia (X tons), committing a 7.3% share of total imports. Germany (X tons), China (X tons), Turkey (X tons), France (X tons), Italy (X tons), the United States (X tons), Belgium (X tons), the UK (X tons), Switzerland (X tons) and Malaysia (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +24.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Turkey ($X) were the countries with the highest levels of imports in 2021, together comprising 23% of total imports. These countries were followed by the United States, Germany, France, Indonesia, Switzerland, Italy, the UK, the Netherlands, Malaysia and Belgium, which together accounted for a further 30%.

The Netherlands, with a CAGR of +7.7%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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. Over the period under review, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, 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 Turkey (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :