Uruguay: Market for Furnace Burners For Liquid Fuel 2025

Market Size for Furnace Burners For Liquid Fuel in Uruguay

For the third consecutive year, the Uruguayan liquid fuel furnace burner market recorded decline in sales value, which decreased by -14.7% to $X in 2021. Over the period under review, consumption continues to indicate a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Furnace Burners For Liquid Fuel

Exports from Uruguay

In 2021, the amount of furnace burners for liquid fuel exported from Uruguay stood at X kg, approximately equating the previous year's figure. In general, exports saw significant growth. The growth pace was the most rapid in 2013 when exports increased by 820% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, liquid fuel furnace burner exports totaled $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by 736%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Trinidad and Tobago (X kg) was the main destination for liquid fuel furnace burner exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Trinidad and Tobago was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Trinidad and Tobago was relatively modest.

Export Prices by Country

In 2021, the average liquid fuel furnace burner export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -9.2%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Guatemala amounted to 0.0% per year.

Imports of Furnace Burners For Liquid Fuel

Imports into Uruguay

For the third consecutive year, Uruguay recorded decline in purchases abroad of furnace burners for liquid fuel, which decreased by -10% to X tons in 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by 104%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, liquid fuel furnace burner imports reduced remarkably to $X in 2021. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 231%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Italy (X kg), the United States (X kg) and Argentina (X kg) were the main suppliers of liquid fuel furnace burner imports to Uruguay, together accounting for 58% of total imports. The UK, Spain and Germany lagged somewhat behind, together accounting for a further 4.4%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +34.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid fuel furnace burner suppliers to Uruguay were Argentina ($X), Italy ($X) and the United States ($X), with a combined 53% share of total imports. These countries were followed by the UK, Germany and Spain, which together accounted for a further 13%.

In terms of the main suppliers, the UK, with a CAGR of +27.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average liquid fuel furnace burner import price amounted to $X per ton, which is down by -10% against the previous year. Overall, the import price, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 151%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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