Sweden: Market for Furnace Burners For Solid Fuel Or Gas 2022

Market Size for Furnace Burners For Solid Fuel Or Gas in Sweden

The Swedish solid fuel furnace burner market soared to $X in 2021, jumping by 321% against the previous year. Over the period under review, consumption, however, showed a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Furnace Burners For Solid Fuel Or Gas in Sweden

In value terms, solid fuel furnace burner production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable contraction. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Sweden

In 2021, approx. X tons of furnace burners for solid fuel or gas were exported from Sweden; reducing by -43.4% compared with the year before. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 90%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, solid fuel furnace burner exports contracted notably to $X in 2021. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 111% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), Germany (X tons) and Jordan (X tons) were the main destinations of solid fuel furnace burner exports from Sweden, with a combined 61% share of total exports.

From 2012 to 2021, the biggest increases were in Jordan (with a CAGR of +54.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for solid fuel furnace burner exports from Sweden, comprising 36% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Jordan, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.6% per year) and Jordan (+53.1% per year).

Export Prices by Country

The average solid fuel furnace burner export price stood at $X per ton in 2021, declining by -5.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per ton), while the average price for exports to Germany ($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 Malaysia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Sweden

In 2021, the amount of furnace burners for solid fuel or gas imported into Sweden skyrocketed to X tons, increasing by 21% compared with 2020. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 249%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, solid fuel furnace burner imports surged to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 144%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Finland (X tons) constituted the largest supplier of solid fuel furnace burner to Sweden, with a 38% share of total imports. Moreover, solid fuel furnace burner imports from Finland exceeded the figures recorded by the second-largest supplier, Norway (X tons), twofold. China (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Finland amounted to +71.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+36.9% per year) and China (+55.8% per year).

In value terms, Finland ($X) constituted the largest supplier of solid fuel furnace burner to Sweden, comprising 40% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland amounted to +68.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.0% per year) and the UK (+50.7% per year).

Import Prices by Country

In 2021, the average solid fuel furnace burner import price amounted to $X per ton, surging by 19% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2015 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Norway ($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 (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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