Russian Federation: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in the Russian Federation

The Russian market for domestic, non-electric, cooking or heating appliances reached $X in 2021, picking up by 10% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in the Russian Federation

In value terms, production of domestic, non-electric, cooking or heating appliances rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 31% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from the Russian Federation

In 2021, shipments abroad of domestic, non-electric, cooking or heating appliances increased by 40% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2014 with an increase of 51%. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, exports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Russia, accounting for a 44% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Kazakhstan exceeded the volume sent to the second major destination, Ukraine (X tons), twofold. Belarus (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan totaled +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+13.8% per year) and Belarus (+19.6% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliances exports from Russia, comprising 45% of total exports. The second position in the ranking was held by Belarus ($X), with a 22% share of total exports. It was followed by Ukraine, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan amounted to +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+15.0% per year) and Ukraine (+20.7% per year).

Export Prices by Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, surging by 7.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2019 when the average export price increased by 31%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belarus ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into the Russian Federation

Imports of domestic, non-electric, cooking or heating appliances into Russia reached X tons in 2021, surging by 2.8% on 2020. Over the period under review, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2018 when imports increased by 14% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of domestic, non-electric, cooking or heating appliances totaled $X in 2021. In general, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of 17%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belarus (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Russia, accounting for a 49% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from Belarus exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from Belarus totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.8% per year) and Turkey (+4.2% per year).

In value terms, Belarus ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to Russia, comprising 42% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Belarus was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.0% per year) and Turkey (+5.9% per year).

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, growing by 8.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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