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Report Central Asia - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Heat Pump Market 2024

Heat Pump Market Size in Central Asia

The Central Asian heat pump market fell modestly to $X in 2021, which is down by -2.8% against the previous year. Over the period under review, consumption showed a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Heat Pump Production in Central Asia

In value terms, heat pump production dropped to $X in 2021 estimated in export price. Overall, production saw a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 48%. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Heat Pump Exports

Exports in Central Asia

After two years of growth, shipments abroad of heat pumps (other than air conditioning machines) decreased by -71.4% to X units in 2021. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 221%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, heat pump exports shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a significant decline. The growth pace was the most rapid in 2020 when exports increased by 62%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Kazakhstan (X units), distantly followed by Kyrgyzstan (X units) were the largest exporters of heat pumps (other than air conditioning machines), together achieving 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of -9.7%).

In value terms, Kyrgyzstan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Kazakhstan, with a CAGR of -17.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, increasing by 81% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while Kazakhstan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (-6.4%).

Heat Pump Imports

Imports in Central Asia

Heat pump imports shrank significantly to X units in 2021, waning by -17.6% against the year before. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 29%. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, heat pump imports fell dramatically to $X in 2021. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 53%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkmenistan (X units) and Kazakhstan (X units) represented the major importers of heat pumps (other than air conditioning machines) in Central Asia, together recording near 82% of total imports. Uzbekistan (X units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Mongolia (5.6%). Kyrgyzstan (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mongolia (with a CAGR of +17.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Turkmenistan ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2021, with a combined 95% share of total imports. Mongolia and Kyrgyzstan lagged somewhat behind, together comprising a further 5.2%.

Mongolia, with a CAGR of +11.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, waning by -14.5% against the previous year. Over the period under review, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 25%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+10.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of heat pump consumption in 2020 were Tajikistan and Kyrgyzstan.
The countries with the highest volumes of heat pump production in 2020 were Tajikistan and Kyrgyzstan.
In value terms, Tajikistan remains the largest heat pump supplier in Central Asia, comprising 54% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 14% share of total exports.
In value terms, the largest heat pump importing markets in Central Asia were Tajikistan, Turkmenistan and Uzbekistan, with a combined 74% share of total imports. Kazakhstan, Mongolia and Kyrgyzstan lagged somewhat behind, together accounting for a further 26%.
In 2020, the heat pump export price in Central Asia amounted to $1,367 per unit, increasing by 28% against the previous year.
The heat pump import price in Central Asia stood at $1,793 per unit in 2020, jumping by 39% against the previous year.

This report provides an in-depth analysis of the heat pump market in Central Asia. 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 28251380 - Heat pumps other than air conditioning machines of HS

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • 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:

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

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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Free Data: Heat Pumps (Other Than Air Conditioning Machines) - Central Asia
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