Central Asia: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Central Asia

In 2022, the Central Asian market for central heating boilers, for producing hot water or low pressure steam decreased by -1.8% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, enjoyed a temperate expansion. As a result, consumption attained the peak level of $X, and then contracted slightly in the following year.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Central Asia

In value terms, production of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022 estimated in export price. Overall, production enjoyed temperate growth. The pace of growth was the most pronounced in 2020 with an increase of 116%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports in Central Asia

In 2022, the amount of central heating boilers, for producing hot water or low pressure steam exported in Central Asia rose sharply to X units, surging by 7.7% on the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 358% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 220%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan was the key exporter of central heating boilers, for producing hot water or low pressure steam in Central Asia, with the volume of exports recording X units, which was approx. 85% of total exports in 2022. It was distantly followed by Uzbekistan (X units), achieving a 14% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to central heating boilers, for producing hot water or low pressure steam exports from Kazakhstan stood at +50.6%. At the same time, Uzbekistan (+338.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +338.5% from 2012-2022. While the share of Kazakhstan (+57 p.p.) and Uzbekistan (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam supplying countries in Central Asia were Kazakhstan ($X) and Uzbekistan ($X).

Among the main exporting countries, Uzbekistan, with a CAGR of +417.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, growing by 59% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 66%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+17.4%).

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports in Central Asia

In 2022, imports of central heating boilers, for producing hot water or low pressure steam in Central Asia fell to X units, shrinking by -7.7% on the year before. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam shrank modestly to $X in 2022. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

Kazakhstan was the major importing country with an import of around X units, which reached 60% of total imports. Uzbekistan (X units) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (7.3%). Mongolia (X units), Kyrgyzstan (X units) and Tajikistan (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to central heating boilers, for producing hot water or low pressure steam imports into Kazakhstan stood at +3.3%. At the same time, Uzbekistan (+26.4%), Kyrgyzstan (+16.2%), Tajikistan (+13.8%) and Mongolia (+5.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +26.4% from 2012-2022. By contrast, Turkmenistan (-1.6%) illustrated a downward trend over the same period. While the share of Uzbekistan (+23 p.p.) and Kyrgyzstan (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkmenistan (-8.2 p.p.) and Kazakhstan (-18.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X), together comprising 92% of total imports.

Uzbekistan, with a CAGR of +32.7%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, rising by 4.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 45%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Mongolia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+9.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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