Report Update: May 1, 2024

Luxembourg - Furnace Burners For Solid Fuel Or Gas - Market Analysis, Forecast, Size, Trends And Insights

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Price for Solid Fuel Furnace Burner in Luxembourg - 2023

Price for Solid Fuel Furnace Burner in Luxembourg (FOB) - 2023

The average solid fuel furnace burner export price stood at $2,739 per unit in June 2023, with an increase of 109% against the previous month. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 312% month-to-month. Over the period under review, the average export prices attained the maximum in June 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($8,019 per unit), while the average price for exports to the United States ($285 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+1,280.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Solid Fuel Furnace Burner in Luxembourg (CIF) - 2022

The average solid fuel furnace burner import price stood at $338 per unit in 2022, surging by 34% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 268% against the previous year. Over the period under review, average import prices attained the maximum at $831 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,509 per unit), while the price for France ($119 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+57.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Solid Fuel Furnace Burner in Luxembourg

In 2022, approx. 53K units of furnace burners for solid fuel or gas were exported from Luxembourg; increasing by 169% on the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, solid fuel furnace burner exports skyrocketed to $19M in 2022. Over the period under review, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Solid Fuel Furnace Burner in Luxembourg (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	3.0	1.1	1.7	6.1	26.7%
Russia	0.1	0.1	0.6	4.2	247.6%
Egypt	N/A	0.4	N/A	1.7	106.2%
Saudi Arabia	1.6	2.5	0.6	1.0	-14.5%
Mexico	N/A	N/A	N/A	1.0	0%
Nigeria	1.4	0.2	0.5	N/A	-40.2%
Singapore	1.4	0.1	0.2	N/A	-62.2%
Czech Republic	N/A	0.4	N/A	N/A	0%
Others	6.0	4.9	5.6	5.2	-4.7%
Total	13.6	9.6	9.2	19.1	12.0%

Top Export Markets for Solid Fuel Furnace Burner from Luxembourg in 2022:

Singapore (undefinedK units)
Nigeria (undefinedK units)
India (17.6K units)
Russia (17.1K units)
Mexico (7.9K units)
Egypt (4.2K units)
Saudi Arabia (1.3K units)

Imports of Solid Fuel Furnace Burner in Luxembourg

In 2022, approx. 4.7K units of furnace burners for solid fuel or gas were imported into Luxembourg; growing by 7.2% compared with 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 141%. Over the period under review, imports hit record highs at 8.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports surged to $1.6M in 2022. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $1.6M in 2019; afterwards, it flattened through to 2022.

Import of Solid Fuel Furnace Burner in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	567	722	764	662	5.3%
Turkey	590	N/A	248	301	-20.1%
United States	29.3	22.5	12.3	179	82.8%
India	2.2	N/A	N/A	158	315.7%
United Kingdom	56.3	240	18.3	143	36.4%
Italy	N/A	153	N/A	58.2	-38.3%
France	39.1	3.7	14.1	37.9	-1.0%
Others	306	92.8	50.9	47.3	-46.3%
Total	1,590	1,234	1,107	1,588	-0.0%

Top Suppliers of Solid Fuel Furnace Burner to Luxembourg in 2022:

Germany (2063.0 units)
Turkey (1447.0 units)
France (319.0 units)
India (274.0 units)
Italy (222.0 units)
United States (169.0 units)
United Kingdom (95.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for solid fuel furnace burner in Luxembourg. 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 28211150 - Furnace burners for solid fuel or gas (including combination burners)

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023