Central Asia: Resistance Heated Industrial Oven Market 2020

Resistance Heated Industrial Oven Market Size in Central Asia

The revenue of the resistance heated industrial oven market in Central Asia amounted to $X in 2017, falling 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 resistance heated industrial oven consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when market value increased by X% year-to-year. The level of resistance heated industrial oven consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Resistance Heated Industrial Oven Exports in Central Asia

In 2017, resistance heated industrial oven exports in Central Asia amounted to X units, rising by X% against the previous year. The resistance heated industrial oven exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2009, when exports increased by X% y-o-y. Over the period under review, the resistance heated industrial oven exports reached its maximum volume of X units in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, resistance heated industrial oven exports stood at $X in 2017. The resistance heated industrial oven exports continue to indicate a prominent increase. The level of exports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Resistance Heated Industrial Oven Exports by Country in Central Asia

Kazakhstan (X units) represented roughly X% of total exports of resistance heated industrial or laboratory furnaces and ovens in 2017.

Kazakhstan was also the fastest growing in terms of the resistance heated industrial or laboratory furnaces and ovens exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Kazakhstan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest resistance heated industrial oven supplier in Central Asia.

In Kazakhstan, resistance heated industrial oven exports increased at an average annual rate of +X% over the period from 2007-2017.

Resistance Heated Industrial Oven Export Prices by Country in Central Asia

In 2017, the resistance heated industrial oven export price in Central Asia amounted to $X thousand per unit, falling by -X% against the previous year. The resistance heated industrial oven export price continues to indicate a measured expansion. 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 resistance heated 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 resistance heated industrial or laboratory furnaces and ovens failed to regain its momentum.

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).

Resistance Heated Industrial Oven Imports in Central Asia

In 2017, the amount of resistance heated industrial or laboratory furnaces and ovens imported in Central Asia amounted to X units, reducing by -X% against the previous year. The resistance heated industrial oven imports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, resistance heated industrial oven imports stood at $X in 2017. The total imports indicated a mild 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. Based on 2017 figures, the resistance heated industrial oven imports decreased by -X% against 2014 indices. In that year, the resistance heated industrial oven imports attained their peak level of $X. From 2009 to 2017, growth of the resistance heated industrial oven imports stood at a somewhat lower level.

Resistance Heated Industrial Oven Imports by Country in Central Asia

Kazakhstan dominates resistance heated industrial oven imports structure, recording X units, which was approx. X% of total imports in 2017. It was distantly followed by Mongolia (X units), generating X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to resistance heated 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 ($X) constitutes the largest market for imported resistance heated industrial or laboratory furnaces and ovens in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Resistance Heated Industrial Oven Import Prices by Country in Central Asia

In 2017, the resistance heated industrial oven import price in Central Asia amounted to $X per unit, surging by X% against the previous year. The resistance heated industrial oven import price continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% y-o-y. Over the period under review, the import prices for resistance heated industrial or laboratory furnaces and ovens reached its maximum level of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mongolia ($X thousand per unit), while Kazakhstan ($X per unit) was 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