CIS: Electrical Induction Industrial Oven Market 2020

Electrical Induction Industrial Oven Market Size in CIS

The revenue of the electrical induction industrial oven market in CIS amounted to $X in 2017, declining by -X% against the previous year. The electrical induction industrial oven consumption continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. Over the period under review, the electrical induction industrial oven market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Production in CIS

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens produced in CIS stood at X units, remaining relatively unchanged against the previous year. The electrical induction industrial oven production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the output figure increased by X% against the previous year. Over the period under review, the electrical induction industrial oven production attained its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Electrical Induction Industrial Oven Exports in CIS

In 2017, the amount of electrical induction industrial or laboratory furnaces and ovens exported in CIS stood at X units, picking up by X% against the previous year. The electrical induction industrial oven exports continue to indicate a notable growth. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. Over the period under review, the electrical induction industrial oven exports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, electrical induction industrial oven exports amounted to $X in 2017. The electrical induction industrial oven exports continue to indicate a slight increase. Over the period under review, the electrical induction industrial oven exports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Electrical Induction Industrial Oven Exports by Country in CIS

In 2017, Russia (X units) was the key exporter for electrical induction industrial or laboratory furnaces and ovens, comprising X% of total exports. It was distantly followed by Moldova (X units), mixed up X% share of total exports. Belarus (X units) and Armenia (X units) held the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to electrical induction industrial oven exports from Russia stood at +X%. At the same time, Armenia (+X%) and Moldova (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. While the share of Belarus (X%) increased significantly in terms of the global exports from 2007-2017, the share of Armenia (-X%), Moldova (-X%) and Russia (-X%) displayed negative dynamics.

In value terms, Russia ($X) remains the largest electrical induction industrial oven supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Moldova, with a X% share.

In Russia, electrical induction industrial oven exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-X% per year) and Moldova (-X% per year).

Electrical Induction Industrial Oven Export Prices by Country in CIS

In 2017, the electrical induction industrial oven export price in CIS amounted to $X thousand per unit, dropping by -X% against the previous year. The electrical induction industrial oven export price continues to indicate a temperate setback. The growth pace was the most rapid in 2008, an increase of X% against the previous year. Over the period under review, the export prices for electrical induction industrial or laboratory furnaces and ovens attained its maximum level of $X thousand per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Belarus ($X thousand per unit), while Moldova ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced a decline in the export price figures.

Electrical Induction Industrial Oven Imports in CIS

In 2017, approx. X units of electrical induction industrial or laboratory furnaces and ovens were imported in CIS; declining by -X% against the previous year. The electrical induction industrial oven imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. Over the period under review, the electrical induction industrial oven imports reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, electrical induction industrial oven imports totaled $X in 2017. The electrical induction industrial oven imports continue to indicate a modest expansion. Over the period under review, the electrical induction industrial oven imports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electrical Induction Industrial Oven Imports by Country in CIS

In 2017, Russia (X units) represented the largest importer for electrical induction industrial or laboratory furnaces and ovens, generating X% of total imports. It was distantly followed by Kazakhstan (X units), achieving X% share of total imports. The following importers - Belarus (X units) and Moldova (X units) each accounted for a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electrical induction industrial oven imports into Russia stood at +X%. At the same time, Moldova (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. By contrast, Belarus (-X%) illustrated a downward trend over the same period. Kazakhstan (-X%) and Russia (-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, Russia ($X) constitutes the largest market for imported electrical induction industrial or laboratory furnaces and ovens in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, electrical induction industrial oven imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (-X% per year).

Electrical Induction Industrial Oven Import Prices by Country in CIS

In 2017, the electrical induction industrial oven import price in CIS amounted to $X thousand per unit, rising by X% against the previous year. The electrical induction industrial oven import price continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. The level of import price peaked of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belarus ($X thousand per unit), while Russia ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform