Report Update: Apr 1, 2024

Russian Federation - Radiators for Central Heating (not Electrically Heated) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Non-Electric Central Heating Radiator in Russia - 2022

Price for Non-Electric Central Heating Radiator in Russia (CIF) - 2022

In January 2022, the average non-electric central heating radiator import price amounted to $2.5 per unit, which is down by -7.5% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in February 2021 when the average import price increased by 17% against the previous month. The import price peaked at $2.7 per unit in December 2021, and then dropped in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was the Czech Republic ($7.2 per unit), while the price for Poland ($1.5 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Central Heating Radiator in Russia (FOB) - 2022

In 2022, the average non-electric central heating radiator export price amounted to $2.2 per unit, shrinking by -13.4% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 32% against the previous year. The export price peaked at $4.6 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($6 per unit), while the average price for exports to Armenia ($1.6 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 Mongolia (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electric Central Heating Radiator in Russia

In 2022, purchases abroad of radiators for central heating (not electrically heated) was finally on the rise to reach 50M units after two years of decline. Overall, imports, however, continue to indicate a deep slump. Imports peaked at 77M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-electric central heating radiator imports amounted to $103M in 2022. In general, imports, however, continue to indicate a abrupt curtailment. Imports peaked at $133M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Non-Electric Central Heating Radiator in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	36.0	25.5	33.8	36.6	0.6%
Germany	23.4	15.9	19.0	15.6	-12.6%
Poland	23.3	25.1	20.4	14.3	-15.0%
Czech Republic	6.8	4.8	9.5	11.3	18.4%
Italy	1.9	1.8	3.2	8.9	67.3%
Turkey	13.8	12.4	7.2	8.2	-15.9%
Belarus	5.4	6.2	5.3	6.2	4.7%
Slovakia	3.7	2.4	1.1	0.8	-40.0%
Ukraine	13.4	5.4	N/A	N/A	-59.7%
Others	5.6	4.3	2.5	1.0	-43.7%
Total	133	104	102	103	-8.2%

Top Suppliers of Non-Electric Central Heating Radiator to Russia in 2022:

China (22.8M units)
Poland (10.6M units)
Turkey (5.1M units)
Germany (4.2M units)
Belarus (3.8M units)
Czech Republic (1.7M units)
Italy (1.5M units)
Slovakia (0.4M units)

Exports of Non-Electric Central Heating Radiator in Russia

In 2022, after three years of growth, there was decline in overseas shipments of radiators for central heating (not electrically heated), when their volume decreased by -2.1% to 10M units. The total export volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 8.7% against the previous year. As a result, the exports attained the peak of 10M units, and then dropped in the following year.

In value terms, non-electric central heating radiator exports contracted remarkably to $22M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $26M, and then contracted markedly in the following year.

Export of Non-Electric Central Heating Radiator in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	8.4	9.2	10.2	11.5	11.0%
China	0.7	N/A	0.9	2.5	52.9%
Ukraine	0.7	0.9	1.6	2.3	48.7%
Kazakhstan	4.6	5.1	6.6	2.1	-23.0%
Lithuania	0.1	0.1	0.7	1.3	135.1%
Latvia	0.1	0.2	0.9	0.9	108.0%
Armenia	0.4	0.4	0.9	0.6	14.5%
Kyrgyzstan	0.6	0.4	0.8	0.5	-5.9%
Azerbaijan	0.5	0.7	0.5	N/A	0.0%
Others	1.0	0.9	2.9	0.2	-41.5%
Total	17.0	18.1	26.0	22.0	9.0%

Top Export Markets for Non-Electric Central Heating Radiator from Russia in 2022:

Azerbaijan (undefinedM units)
Belarus (5.7M units)
Ukraine (1.1M units)
China (1.0M units)
Lithuania (0.6M units)
Kazakhstan (0.6M units)
Latvia (0.4M units)
Armenia (0.4M units)
Kyrgyzstan (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for non-electric central heating radiator 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 25211100 - Radiators for central heating, not electrically heated, and parts thereof, of iron or steel

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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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