Russian Federation: Electric Heating Resistor Market 2025

Electric Heating Resistor Market Size in the Russian Federation

In 2021, the Russian electric heating resistor market increased by 28% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +100.1% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electric Heating Resistor Production in the Russian Federation

In value terms, electric heating resistor production surged to $X in 2021 estimated in export price. Overall, production saw a deep reduction. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Electric Heating Resistor Exports

Exports from the Russian Federation

In 2021, shipments abroad of electric heating resistors increased by 101% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric heating resistor exports soared to $X in 2021. In general, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +130.0% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X units) was the main destination for electric heating resistor exports from Russia, with a 34% share of total exports. Moreover, electric heating resistor exports to Kazakhstan exceeded the volume sent to the second major destination, Romania (X units), twofold. Germany (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+264.8% per year) and Germany (+15.8% per year).

In value terms, the largest markets for electric heating resistor exported from Russia were Kazakhstan ($X), Germany ($X) and Belarus ($X), together comprising 59% of total exports. These countries were followed by Ukraine, Romania, Bangladesh, Kyrgyzstan and France, which together accounted for a further 24%.

Among the main countries of destination, Romania, with a CAGR of +188.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric heating resistor export price stood at $X per unit in 2021, declining by -31.6% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 14% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Heating Resistor Imports

Imports into the Russian Federation

Electric heating resistor imports into Russia surged to X units in 2021, increasing by 67% against 2020. In general, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric heating resistor imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric heating resistor to Russia, accounting for a 49% share of total imports. Moreover, electric heating resistor imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X units), threefold. South Korea (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+47.3% per year) and South Korea (+25.8% per year).

In value terms, the largest electric heating resistor suppliers to Russia were China ($X), Germany ($X) and the United States ($X), with a combined 49% share of total imports. South Korea, Poland, Italy, Belarus, Ukraine and Romania lagged somewhat behind, together comprising a further 31%.

Belarus, with a CAGR of +19.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric heating resistor import price stood at $X per unit in 2021, dropping by -33.4% against the previous year. In general, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 6.9% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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