Ukraine: Furnace Burner Market 2024

Furnace Burner Market Size in Ukraine

The Ukrainian furnace burner market stood at $X in 2021, leveling off at the previous year. Overall, consumption, however, recorded a deep slump. Furnace burner consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Furnace Burner Production in Ukraine

In value terms, furnace burner production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 30%. Furnace burner production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Furnace Burner Exports

Exports from Ukraine

In 2021, approx. X tons of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers were exported from Ukraine; dropping by -57% against 2020. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 341% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, furnace burner exports shrank remarkably to $X in 2021. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 241%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Russia (X tons) was the main destination for furnace burner exports from Ukraine, with a 51% share of total exports. Moreover, furnace burner exports to Russia exceeded the volume sent to the second major destination, Belarus (X tons), threefold. The third position in this ranking was held by Kazakhstan (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+40.4% per year) and Kazakhstan (-13.6% per year).

In value terms, Russia ($X) emerged as the key foreign market for furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers exports from Ukraine, comprising 56% of total exports. The second position in the ranking was taken by Belarus ($X), with a 9.7% share of total exports. It was followed by Kazakhstan, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+32.8% per year) and Kazakhstan (-9.5% per year).

Export Prices by Country

The average furnace burner export price stood at $X per ton in 2021, growing by 15% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 177%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Uzbekistan ($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 Lithuania (+57.4%), while the prices for the other major destinations experienced more modest paces of growth.

Furnace Burner Imports

Imports into Ukraine

In 2021, the amount of furnace burners, mechanical stokers, mechanical grates and mechanical ash dischargers imported into Ukraine declined sharply to X tons, with a decrease of -36% compared with the previous year's figure. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by 63%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, furnace burner imports fell notably to $X in 2021. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 88%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Hungary (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of furnace burner imports to Ukraine, with a combined 68% share of total imports. Germany, the Czech Republic, Turkey, China, Russia and Belarus lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +4.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Poland ($X) were the largest furnace burner suppliers to Ukraine, together comprising 63% of total imports. Hungary, Turkey, Russia, the Czech Republic, China and Belarus lagged somewhat behind, together accounting for a further 29%.

Turkey, with a CAGR of +4.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average furnace burner import price amounted to $X per ton, dropping by -11.4% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 80% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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