Report Update Feb 1, 2025

CIS - Electric Radiators and Convection Heaters - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Electric Radiator Market 2025

Electric Radiator Market Size in CIS

The CIS electric radiator market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption enjoyed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electric Radiator Production in CIS

In value terms, electric radiator production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of 128%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Electric Radiator Exports

Exports in CIS

After three years of decline, shipments abroad of electric radiators and convection heaters increased by 43% to X units in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 4,418%. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric radiator exports surged to $X in 2021. In general, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kyrgyzstan dominates exports structure, recording X units, which was near 94% of total exports in 2021. Russia (X units) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the electric radiators and convection heaters exports, with a CAGR of +225.2% from 2012 to 2021. At the same time, Russia (+4.5%) displayed positive paces of growth. From 2012 to 2021, the share of Kyrgyzstan increased by +94 percentage points.

In value terms, Russia ($X) remains the largest electric radiator supplier in the CIS, comprising 75% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 4.8% share of total exports.

In Russia, electric radiator exports increased at an average annual rate of +15.8% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, rising by 16% against the previous year. Over the period under review, the export price, however, showed a precipitous decline. The most prominent rate of growth was recorded in 2020 an increase of 114%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kyrgyzstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.8%).

Electric Radiator Imports

Imports in CIS

In 2021, overseas purchases of electric radiators and convection heaters were finally on the rise to reach X units after two years of decline. In general, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric radiator imports soared to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X units) and Kazakhstan (X units) prevails in imports structure, together making up 88% of total imports. It was distantly followed by Belarus (X units), committing a 6.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +30.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported electric radiators and convection heaters in the CIS, comprising 72% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +4.2%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+4.2% per year) and Belarus (+5.3% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, dropping by -1.9% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 25% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-5.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric radiators and convection heaters in the CIS?

Russia constituted the country with the largest volume of electric radiator consumption, comprising approx. 84% of total volume. Moreover, electric radiator consumption in Russia exceeded the figures recorded by the second-largest consumer, Kazakhstan, more than tenfold. The third position in this ranking was occupied by Kyrgyzstan, with a 3.1% share.

What are the largest producers of electric radiators and convection heaters in the CIS?

Russia constituted the country with the largest volume of electric radiator production, accounting for 99% of total volume.

What are the leading exporters of electric radiators and convection heaters in the CIS?

In value terms, Russia remains the largest electric radiator supplier in the CIS.

What are the leading importers of electric radiators and convection heaters in the CIS?

In value terms, Russia constitutes the largest market for imported electric radiators and convection heaters in the CIS, comprising 78% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 7.6% share of total imports. It was followed by Belarus, with a 5.6% share.

What is the average export price for electric radiators and convection heaters in the CIS?

The export price in the CIS stood at $2.1 per unit in 2021, shrinking by -15.2% against the previous year.

What is the average import price for electric radiators and convection heaters in the CIS?

In 2021, the import price in the CIS amounted to $18 per unit, reducing by -3% against the previous year.

This report provides an in-depth analysis of the electric radiator market in CIS. 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 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
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, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024