Central Asia: Electric Instantaneous Water Heater Market 2020

Electric Instantaneous Water Heater Market Size in Central Asia

The revenue of the electric instantaneous water heater market in Central Asia amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The electric instantaneous water heater consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. In that year, the electric instantaneous water heater market reached their peak level of $X. From 2011 to 2017, growth of the electric instantaneous water heater market failed to regain its momentum.

Electric Instantaneous Water Heater Exports in Central Asia

The exports amounted to X units in 2017, jumping by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017, when exports increased by X% year-to-year. In that year, the electric instantaneous water heater exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electric instantaneous water heater exports totaled $X in 2017. The total exports indicated a conspicuous increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater exports increased by +X% against 2015 indices. In that year, the electric instantaneous water heater exports reached their peak level, and are likely to continue its growth in the immediate term.

Electric Instantaneous Water Heater Exports by Country in Central Asia

The countries with the highest levels of electric instantaneous water heater exports in 2017 were Kazakhstan (X units), together amounting to X% of total export.

Kazakhstan was also the fastest growing in terms of the electric instantaneous water heaters exports, with a CAGR of +X% from 2007 to 2017. Kazakhstan (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest electric instantaneous water heater supplier in Central Asia.

In Kazakhstan, electric instantaneous water heater exports increased at an average annual rate of +X% over the period from 2007-2017.

Electric Instantaneous Water Heater Export Prices by Country in Central Asia

The electric instantaneous water heater export price in Central Asia stood at $X per unit in 2017, rising by X% against the previous year. The electric instantaneous water heater export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for electric instantaneous water heaters reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for electric instantaneous water heaters stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (-X% per year).

Electric Instantaneous Water Heater Imports in Central Asia

In 2017, the amount of electric instantaneous water heaters imported in Central Asia totaled X units, dropping by -X% against the previous year. The electric instantaneous water heater imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2012, when imports increased by X% year-to-year. Over the period under review, the electric instantaneous water heater imports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, electric instantaneous water heater imports totaled $X in 2017. The electric instantaneous water heater imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Electric Instantaneous Water Heater Imports by Country in Central Asia

Kazakhstan was the largest importer of electric instantaneous water heaters in Central Asia, with the volume of imports recording X units, which was near X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X units), creating X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electric instantaneous water heater imports into Kazakhstan stood at -X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. While the share of Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kyrgyzstan (-X%) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electric instantaneous water heaters in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in Kazakhstan totaled -X%.

Electric Instantaneous Water Heater Import Prices by Country in Central Asia

The electric instantaneous water heater import price in Central Asia stood at $X per unit in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. Over the period under review, the import prices for electric instantaneous water heaters reached its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kazakhstan ($X per unit) and Kyrgyzstan ($X per unit), while Kyrgyzstan ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year).

Source: IndexBox Platform