Vietnam - Furnace Burners For Solid Fuel Or Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Solid Fuel Furnace Burner in Vietnam - 2021
Contents:
- Price for Solid Fuel Furnace Burner in Vietnam (CIF) - 2022
- Price for Solid Fuel Furnace Burner in Vietnam (FOB) - 2022
- Imports of Solid Fuel Furnace Burner in Vietnam
- Exports of Solid Fuel Furnace Burner in Vietnam
Price for Solid Fuel Furnace Burner in Vietnam (CIF) - 2022
The average solid fuel furnace burner import price stood at $267 per unit in 2022, shrinking by -23% against the previous year. Overall, the import price showed a noticeable decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 25%. The import price peaked at $445 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($637 per unit), while the price for China ($190 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Solid Fuel Furnace Burner in Vietnam (FOB) - 2022
The average solid fuel furnace burner export price stood at $520 per unit in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2013 an increase of 44% against the previous year. The export price peaked at $601 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($1,898 per unit), while the average price for exports to Russia ($45 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Solid Fuel Furnace Burner in Vietnam
In 2022, the amount of furnace burners for solid fuel or gas imported into Vietnam soared to 55K units, growing by 100% against the previous year's figure. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 206% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, solid fuel furnace burner imports skyrocketed to $15M in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 168% against the previous year. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Solid Fuel Furnace Burner in Vietnam (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.6 | 11.5 | 3.6 | 6.6 | 60.4% |
Italy | 3.6 | 1.1 | 0.8 | 2.0 | -17.8% |
United States | 0.2 | 0.4 | 0.6 | 1.1 | 76.5% |
Germany | 0.6 | 2.7 | 1.0 | 1.1 | 22.4% |
Canada | 0.2 | 0.7 | 0.5 | 0.7 | 51.8% |
South Korea | 0.3 | 0.8 | 0.6 | 0.7 | 32.6% |
Australia | 0.3 | 0.6 | 0.4 | 0.3 | 0.0% |
Malaysia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.5 | 1.9 | 2.0 | 2.0 | 58.7% |
Total | 7.4 | 19.8 | 9.5 | 14.7 | 25.7% |
Top Suppliers of Solid Fuel Furnace Burner to Vietnam in 2022:
- China (34.8K units)
- Germany (3.4K units)
- Italy (3.2K units)
- United States (3.2K units)
- Canada (2.0K units)
- South Korea (2.0K units)
- Australia (1.0K units)
- Malaysia (0.7K units)
Exports of Solid Fuel Furnace Burner in Vietnam
In 2022, exports of furnace burners for solid fuel or gas from Vietnam dropped rapidly to 2.3K units, which is down by -21.9% on the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of 3K units, and then declined notably in the following year.
In value terms, solid fuel furnace burner exports shrank notably to $1.2M in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $1.6M, and then shrank dramatically in the following year.
Export of Solid Fuel Furnace Burner in Vietnam (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 263 | 161 | 314 | 330 | 7.9% |
South Africa | N/A | N/A | 59.7 | 259 | 333.8% |
Singapore | 76.0 | 124 | 93.2 | 103 | 10.7% |
Malaysia | 199 | 51.2 | 35.7 | 102 | -20.0% |
Brazil | N/A | N/A | N/A | 86.8 | 0% |
Philippines | 22.3 | 17.4 | 38.7 | 68.1 | 45.1% |
Thailand | 54.5 | 153 | 23.9 | 67.5 | 7.4% |
United Kingdom | 56.2 | 8.7 | 46.1 | 48.5 | -4.8% |
Russia | 14.9 | 23.9 | 17.7 | 19.2 | 8.8% |
Fiji | N/A | N/A | N/A | 11.0 | 0% |
Taiwan (Chinese) | 4.7 | 7.1 | 4.9 | 5.0 | 2.1% |
Mexico | N/A | N/A | 528 | N/A | 0% |
Saudi Arabia | N/A | N/A | 316 | N/A | 0% |
Others | 211 | 297 | 80.7 | 101 | -21.8% |
Total | 901 | 843 | 1,559 | 1,201 | 10.1% |
Top Export Markets for Solid Fuel Furnace Burner from Vietnam in 2022:
- United States (435.0 units)
- Russia (424.0 units)
- Malaysia (404.0 units)
- South Africa (322.0 units)
- Singapore (146.0 units)
- Philippines (102.0 units)
- Thailand (94.0 units)
- Fiji (93.0 units)
- United Kingdom (59.0 units)
- Brazil (46.0 units)
- Taiwan (Chinese) (44.0 units)
This report provides an in-depth analysis of the market for solid fuel furnace burner in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...