CIS: Boiler Parts Market 2025

Boiler Parts Market Size in CIS

In 2021, after three years of decline, there was growth in the CIS boiler parts market, when its value increased by 2.1% to $X. Overall, consumption, however, continues to indicate a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Boiler Parts Production in CIS

In value terms, boiler parts production surged to $X in 2021 estimated in export price. Overall, production saw a pronounced downturn. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Boiler Parts Exports

Exports in CIS

Boiler parts exports soared to X tons in 2021, surging by 90% on the previous year's figure. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 162% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, boiler parts exports surged to $X in 2021. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus represented the largest exporter of parts of boilers for central heating in the CIS, with the volume of exports reaching X tons, which was near 71% of total exports in 2021. It was distantly followed by Russia (X tons), creating a 29% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to boiler parts exports from Belarus stood at +26.7%. At the same time, Russia (+38.4%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +38.4% from 2012-2021. While the share of Russia (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-11.1 p.p.) displayed negative dynamics.

In value terms, Belarus ($X) remains the largest boiler parts supplier in the CIS, comprising 91% of total exports. The second position in the ranking was taken by Russia ($X), with an 8.5% share of total exports.

In Belarus, boiler parts exports expanded at an average annual rate of +48.5% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, picking up by 273% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+17.2%).

Boiler Parts Imports

Imports in CIS

Boiler parts imports soared to X tons in 2021, surging by 56% compared with the previous year's figure. In general, imports enjoyed a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, boiler parts imports surged to $X in 2021. Over the period under review, imports, however, saw a noticeable slump. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Russia represented the largest importer of parts of boilers for central heating in the CIS, with the volume of imports recording X tons, which was near 57% of total imports in 2021. Belarus (X tons) held a 25% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (13%). The following importers - Uzbekistan (X tons) and Azerbaijan (X tons) - together made up 4.3% of total imports.

Imports into Russia increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, Uzbekistan (+47.3%), Belarus (+35.6%) and Kazakhstan (+12.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +47.3% from 2012-2021. By contrast, Azerbaijan (-20.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belarus, Kazakhstan and Uzbekistan increased by +23, +6.2 and +2.6 percentage points, respectively.

In value terms, the largest boiler parts importing markets in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), together accounting for 89% of total imports. Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further 8.1%.

In terms of the main importing countries, Uzbekistan, with a CAGR of +60.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, waning by -19.7% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 24%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+16.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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