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

Southern Asia - Furnace Burners for Liquid Fuel - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Market for Furnace Burners For Liquid Fuel 2024

Market Size for Furnace Burners For Liquid Fuel in Southern Asia

After two years of growth, the South Asian liquid fuel furnace burner market decreased by -11.3% to $X in 2021. Overall, consumption showed a slight shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Furnace Burners For Liquid Fuel in Southern Asia

In value terms, liquid fuel furnace burner production contracted to $X in 2021 estimated in export price. Over the period under review, production showed a mild reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 29% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports in Southern Asia

Liquid fuel furnace burner exports skyrocketed to X tons in 2021, growing by 19% on the year before. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 211% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, liquid fuel furnace burner exports surged to $X in 2021. In general, exports showed a strong increase. The growth pace was the most rapid in 2020 with an increase of 169% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of furnace burners for liquid fuel, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the furnace burners for liquid fuel exports, with a CAGR of +8.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest liquid fuel furnace burner supplier in Southern Asia.

In India, liquid fuel furnace burner exports expanded at an average annual rate of +9.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, with an increase of 3.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 32%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +0.2% per year.

Imports of Furnace Burners For Liquid Fuel

Imports in Southern Asia

In 2021, imports of furnace burners for liquid fuel in Southern Asia soared to X tons, with an increase of 79% against 2020. Over the period under review, imports, however, saw a noticeable contraction. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid fuel furnace burner imports rose notably to $X in 2021. Overall, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 when imports increased by 27%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

India represented the key importing country with an import of around X tons, which amounted to 68% of total imports. It was distantly followed by Bangladesh (X tons), making up a 28% share of total imports. Sri Lanka (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to liquid fuel furnace burner imports into India stood at -4.7%. At the same time, Bangladesh (+23.6%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +23.6% from 2012-2021. By contrast, Sri Lanka (-9.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh increased by +24 percentage points.

In value terms, India ($X) constitutes the largest market for imported furnace burners for liquid fuel in Southern Asia, comprising 72% of total imports. The second position in the ranking was held by Bangladesh ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at -11.2%. In the other countries, the average annual rates were as follows: Bangladesh (+16.4% per year) and Sri Lanka (-1.0% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, shrinking by -37.4% against the previous year. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in 2020 when the import price increased by 72%. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of liquid fuel furnace burner consumption was India, accounting for 98% of total volume.
The country with the largest volume of liquid fuel furnace burner production was India, accounting for 100% of total volume.
In value terms, India remains the largest liquid fuel furnace burner supplier in Southern Asia.
In value terms, India constitutes the largest market for imported furnace burners for liquid fuel in Southern Asia, comprising 75% of total imports. The second position in the ranking was occupied by Bangladesh, with a 12% share of total imports. It was followed by Sri Lanka, with a 5.2% share.
The export price in Southern Asia stood at $9,235 per ton in 2021, picking up by 48% against the previous year.
In 2021, the import price in Southern Asia amounted to $16,856 per ton, waning by -9.6% against the previous year.

This report provides an in-depth analysis of the market for liquid fuel furnace burner in Southern Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  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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