Central Asia: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in Central Asia

The revenue of the electrical induction industrial oven market in Central Asia amounted to $X in 2017, going down 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 electrical induction industrial oven consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the electrical induction industrial oven market attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Exports in Central Asia

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens exported in Central Asia stood at X units, rising by X% against the previous year. The electrical induction industrial oven exports continue to indicate a strong growth. The pace of growth was the most pronounced in 2009, when it surged by X% year-to-year. Over the period under review, the electrical induction industrial oven exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, electrical induction industrial oven exports stood at $X in 2017. The electrical induction industrial oven exports continue to indicate a strong increase. Over the period under review, the electrical induction industrial oven exports reached its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Exports by Country in Central Asia

Kazakhstan was the largest exporter of electrical induction industrial or laboratory furnaces and ovens in Central Asia, with the volume of exports finishing at X units, which was near X% of total exports in 2017. It was distantly followed by Kyrgyzstan (X units), generating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to electrical induction industrial oven exports from Kazakhstan stood at +X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Kyrgyzstan and Kazakhstan decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest electrical induction industrial oven supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at +X%.

Electrical Induction Industrial Oven Export Prices by Country in Central Asia

In 2017, the electrical induction industrial oven export price in Central Asia amounted to $X thousand per unit, declining by -X% against the previous year. The electrical induction industrial oven export price continues to indicate a significant growth. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. In that year, the export prices for electrical induction industrial or laboratory furnaces and ovens attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the export prices for electrical induction industrial or laboratory furnaces and ovens failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kazakhstan ($X thousand per unit), while Kyrgyzstan ($X thousand per unit) was amongst the lowest.

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

Electrical Induction Industrial Oven Imports in Central Asia

In 2017, imports of electrical induction industrial or laboratory furnaces and ovens in Central Asia amounted to X units, shrinking by -X% against the previous year. The electrical induction industrial oven imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2008, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, electrical induction industrial oven imports amounted to $X in 2017. The total imports indicated a prominent expansion 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. In that year, the electrical induction industrial oven imports attained their peak level, and are likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Imports by Country in Central Asia

Kazakhstan dominates electrical induction industrial oven imports structure, amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X units), committing X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electrical induction industrial oven imports into Kazakhstan stood at +X%. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Mongolia (-X%) and Kazakhstan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports.

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

Electrical Induction Industrial Oven Import Prices by Country in Central Asia

The electrical induction industrial oven import price in Central Asia stood at $X thousand per unit in 2017, coming up by X% against the previous year. The electrical induction industrial oven import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2017, when the import prices increased by X% year-to-year. The level of import price peaked of $X thousand per unit in 2008; however, from 2009 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 ($X thousand per unit) and Mongolia ($X thousand per unit), while Mongolia ($X thousand per unit) and Kazakhstan ($X thousand per unit) were amongst the lowest.

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

Source: IndexBox Platform