Russian Federation - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Russian Federation - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights

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Electric Heating Resistor Price in Russia - 2022

Contents:

  1. Electric Heating Resistor Price in Russia (CIF) - 2022
  2. Electric Heating Resistor Price in Russia (FOB) - 2022
  3. Electric Heating Resistor Imports in Russia
  4. Electric Heating Resistor Exports in Russia

Electric Heating Resistor Price in Russia (CIF) - 2022

The average electric heating resistor import price stood at $56 per thousand units in 2022, flattening at the previous year. Over the period under review, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2018 an increase of 8.5%. Over the period under review, average import prices reached the maximum at $65 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($270 per thousand units), while the price for China ($22 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Heating Resistor Price in Russia (FOB) - 2022

The average electric heating resistor export price stood at $1.1 per unit in 2022, declining by -28.2% against the previous year. In general, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,332% against the previous year. The export price peaked at $1.5 per unit in 2021, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($0.1 per unit), while the average price for exports to Kyrgyzstan (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Heating Resistor Imports in Russia

In 2022, after three years of growth, there was decline in overseas purchases of electric heating resistors, when their volume decreased by -4% to 2.8B units. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 8.7% against the previous year. As a result, imports attained the peak of 2.9B units, and then dropped slightly in the following year.

In value terms, electric heating resistor imports dropped to $154M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, imports attained the peak of $162M, and then declined in the following year.

Import of Electric Heating Resistor in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.927.739.443.713.5%
Germany19.027.421.825.510.3%
Poland7.612.310.715.827.6%
United States18.823.018.811.5-15.1%
South Korea13.210.415.710.1-8.5%
Italy11.08.710.06.8-14.8%
Belarus4.54.66.56.513.0%
Canada0.60.71.23.681.7%
Ukraine2.02.34.53.014.5%
Romania2.32.32.41.5-13.3%
Others30.326.831.326.4-4.5%
Total1391461621543.5%

Top Suppliers of Electric Heating Resistor to Russia in 2022:

  1. China (1984.0M units)
  2. Poland (242.5M units)
  3. Germany (184.2M units)
  4. Belarus (112.8M units)
  5. South Korea (112.7M units)
  6. Italy (112.5M units)
  7. Canada (82.9M units)
  8. Ukraine (68.0M units)
  9. Romania (50.0M units)
  10. United States (42.5M units)

Electric Heating Resistor Exports in Russia

After two years of decline, overseas shipments of electric heating resistors increased by 20% to 13M units in 2022. Overall, exports, however, faced a precipitous decrease. The exports peaked at 233M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric heating resistor exports shrank to $14M in 2022. The total export value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of $17M, and then fell in the following year.

Export of Electric Heating Resistor in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.81.93.13.119.9%
Kazakhstan3.33.14.32.2-12.6%
Belarus3.32.32.51.0-32.8%
Ukraine0.60.91.30.5-5.9%
PolandN/AN/A0.40.525.0%
TurkmenistanN/AN/A0.10.2100.0%
Uzbekistan0.80.30.50.1-50.0%
Kyrgyzstan0.30.30.5N/A29.1%
Romania0.20.11.2N/A144.9%
Others2.23.22.96.845.7%
Total12.512.116.714.44.8%

Top Export Markets for Electric Heating Resistor from Russia in 2022:

  1. Kazakhstan (70.7M units)
  2. Germany (69.6M units)
  3. Ukraine (11.8M units)
  4. Belarus (9.3M units)
  5. Poland (3.7M units)
  6. Turkmenistan (3.4M units)
  7. Uzbekistan (1.6M units)
  8. Kyrgyzstan (0.8M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric heating resistor market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27512900 - Electric heating resistors (excluding of carbon)

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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