CIS: Electric Instantaneous Water Heater Market 2020

Electric Instantaneous Water Heater Market Size in CIS

The revenue of the electric instantaneous water heater market in CIS amounted to $X in 2017, going up by X% against the previous year. The electric instantaneous water heater consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, the electric instantaneous water heater market attained their peak level of $X. From 2009 to 2017, growth of the electric instantaneous water heater market failed to regain its momentum.

Electric Instantaneous Water Heater Production in CIS

In 2017, approx. X units of electric instantaneous water heaters were produced in CIS; going down by -X% against the previous year. The electric instantaneous water heater production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% y-o-y. The volume of electric instantaneous water heater production peaked of X units in 2016, and then declined slightly in the following year.

Electric Instantaneous Water Heater Exports in CIS

The exports stood at X units in 2017, therefore, remained relatively stable against the previous year. The electric instantaneous water heater exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2016, leveling off in the following year.

In value terms, electric instantaneous water heater exports totaled $X in 2017. The electric instantaneous water heater exports continue to indicate a remarkable growth. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Electric Instantaneous Water Heater Exports by Country in CIS

The countries with the highest levels of electric instantaneous water heater exports in 2017 were Russia (X units), together accounting for X% of total export.

Russia was also the fastest growing in terms of the electric instantaneous water heaters exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Russia decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest electric instantaneous water heater supplier in CIS.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia amounted to +X%.

Electric Instantaneous Water Heater Export Prices by Country in CIS

In 2017, the electric instantaneous water heater export price in CIS amounted to $X per unit, surging by X% against the previous year. The electric instantaneous water heater export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. In that year, the export prices for electric instantaneous water heaters attained their peak level of $X per unit. From 2009 to 2017, growth of the export prices for electric instantaneous water heaters stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for Russia.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (-X% per year).

Electric Instantaneous Water Heater Imports in CIS

In 2017, imports of electric instantaneous water heaters in CIS stood at X units, standing approx. at the previous year. The total imports indicated a moderate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The volume of imports peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, electric instantaneous water heater imports stood at $X in 2017. The total imports indicated a temperate increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater imports increased by +X% against 2015 indices. Over the period under review, the electric instantaneous water heater imports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Imports by Country in CIS

Russia prevails in electric instantaneous water heater imports structure, recording X units, which was approx. X% of total imports in 2017. It was distantly followed by Kazakhstan (X units), committing X% share of total imports. The following importers - Belarus (X units) and Kyrgyzstan (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to electric instantaneous water heater imports into Russia stood at +X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Russia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electric instantaneous water heaters in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Belarus (+X% per year).

Electric Instantaneous Water Heater Import Prices by Country in CIS

In 2017, the electric instantaneous water heater import price in CIS amounted to $X per unit, picking up by X% against the previous year. The electric instantaneous water heater import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belarus ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform