South Africa: Market for Furnace Burners For Liquid Fuel 2025

Market Size for Furnace Burners For Liquid Fuel in South Africa

The South African liquid fuel furnace burner market dropped rapidly to $X in 2021, declining by -45.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a abrupt decrease. Liquid fuel furnace burner consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports from South Africa

Liquid fuel furnace burner exports from South Africa totaled X tons in 2021, picking up by 13% against the previous year's figure. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, liquid fuel furnace burner exports surged to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 100% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ghana (X tons), Namibia (X tons) and Botswana (X tons) were the main destinations of liquid fuel furnace burner exports from South Africa, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +10.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X) emerged as the key foreign market for furnace burners for liquid fuel exports from South Africa, comprising 44% of total exports. The second position in the ranking was taken by Namibia ($X), with a 13% share of total exports. It was followed by Botswana, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Ghana stood at -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-3.1% per year) and Botswana (+8.0% per year).

Export Prices by Country

The average liquid fuel furnace burner export price stood at $X per ton in 2021, growing by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2018 an increase of 142% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Botswana ($X per ton), while the average price for exports to Canada ($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 Uganda (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Liquid Fuel

Imports into South Africa

In 2021, approx. X tons of furnace burners for liquid fuel were imported into South Africa; falling by -14% against the previous year's figure. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 198%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports fell markedly to $X in 2021. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 331% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest liquid fuel furnace burner supplier to South Africa, accounting for a 78% share of total imports. Moreover, liquid fuel furnace burner imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. India (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.2% per year) and India (+44.3% per year).

In value terms, Italy ($X) constituted the largest supplier of furnace burners for liquid fuel to South Africa, comprising 71% of total imports. The second position in the ranking was held by Germany ($X), with a 19% share of total imports. It was followed by China, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.4% per year) and China (-19.8% per year).

Import Prices by Country

In 2021, the average liquid fuel furnace burner import price amounted to $X per ton, which is down by -47.3% against the previous year. Over the period under review, the import price, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 74% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined dramatically in the following year.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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