CIS: Nonelectric Water Heater Market 2020

Nonelectric Water Heater Market Size in CIS

The revenue of the nonelectric water heater market in CIS amounted to $X in 2017, waning by -X% against the previous year. The nonelectric water heater consumption continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. In that year, the nonelectric water heater market reached their peak level of $X. From 2014 to 2017, growth of the nonelectric water heater market stood at a somewhat lower level.

Nonelectric Water Heater Production in CIS

The nonelectric water heater production stood at X units in 2017, remaining stable against the previous year. The nonelectric water heater production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Over the period under review, the nonelectric water heater production reached its maximum volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Nonelectric Water Heater Exports in CIS

The exports stood at X units in 2017, waning by -X% against the previous year. The nonelectric water heater exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nonelectric water heater exports stood at $X in 2017. The nonelectric water heater exports continue to indicate a drastic shrinkage. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nonelectric Water Heater Exports by Country in CIS

Russia prevails in nonelectric water heater exports structure, finishing at X units, which was approx. X% of total exports in 2017. Moldova (X units) took the weak share of total exports.

Russia was also the fastest growing in terms of the non-electric instantaneous or storage water heaters exports, with a CAGR of +X% from 2007 to 2017. Moldova (-X%) illustrated a downward trend over the same period. Moldova (X%) significantly strengthened its position in terms of the global exports, while Russia saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest nonelectric water heater supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Moldova ($X), with a X% share of global exports.

In Russia, nonelectric water heater exports increased at an average annual rate of +X% over the period from 2007-2017.

Nonelectric Water Heater Export Prices by Country in CIS

The nonelectric water heater export price in CIS stood at $X per unit in 2017, reducing by -X% against the previous year. The nonelectric water heater export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2013, when the export prices increased by X% y-o-y. In that year, the export prices for non-electric instantaneous or storage water heaters reached their peak level of $X per unit. From 2014 to 2017, growth of the export prices for non-electric instantaneous or storage water heaters stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Moldova ($X per unit), while Russia ($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 Moldova (+X% per year).

Nonelectric Water Heater Imports in CIS

In 2017, approx. X units of non-electric instantaneous or storage water heaters were imported in CIS; rising by X% against the previous year. The nonelectric water heater imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. In that year, the nonelectric water heater imports reached their peak volume of X units. From 2014 to 2017, growth of the nonelectric water heater imports stood at a somewhat lower level.

In value terms, nonelectric water heater imports totaled $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 nonelectric water heater imports decreased by -X% against 2012 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Nonelectric Water Heater Imports by Country in CIS

Russia dominates nonelectric water heater imports structure, finishing at X units, which was near X% of total imports in 2017. It was distantly followed by Kazakhstan (X units), creating X% share of total imports. Azerbaijan (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern of non-electric instantaneous or storage water heaters imports. At the same time, Azerbaijan (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Russia (-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, Russia ($X) constitutes the largest market for imported non-electric instantaneous or storage water heaters in CIS, making up X% of global imports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Azerbaijan (+X% per year) and Kazakhstan (+X% per year).

Nonelectric Water Heater Import Prices by Country in CIS

The nonelectric water heater import price in CIS stood at $X per unit in 2017, going up by X% against the previous year. The nonelectric water heater import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when the import prices increased by X% y-o-y. In that year, the import prices for non-electric instantaneous or storage water heaters attained their peak level of $X per unit. From 2013 to 2017, growth of the import prices for non-electric instantaneous or storage water heaters stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Azerbaijan ($X per unit), while Kazakhstan ($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 Azerbaijan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform