CIS: Electronic Thermostat Market 2020

Electronic Thermostat Market Size in CIS

The revenue of the electronic thermostat market in CIS amounted to $X in 2017, remaining stable against the previous year. The electronic thermostat consumption continues to indicate a modest increase. The pace of growth appeared the most rapid in 2011, when market value increased by X% against the previous year. In that year, the electronic thermostat market reached their peak level of $X. From 2012 to 2017, growth of the electronic thermostat market failed to regain its momentum.

Electronic Thermostat Production in CIS

In 2017, production of electronic thermostats in CIS amounted to X units, going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. Over the period under review, the electronic thermostat production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Electronic Thermostat Exports in CIS

In 2017, approx. X units of electronic thermostats were exported in CIS; lowering by -X% against the previous year. The electronic thermostat exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2012, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, electronic thermostat exports stood at $X in 2017. The electronic thermostat exports continue to indicate a drastic reduction. Over the period under review, the electronic thermostat exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Electronic Thermostat Exports by Country in CIS

Russia was the largest exporter of electronic thermostats in CIS, with the volume of exports accounting for X units, which was near X% of total exports in 2017. It was distantly followed by Armenia (X units), constituting X% share of total exports. Belarus (X units) occupied the weak share of total exports.

Exports from Russia decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Armenia (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Russia increased by X% percentage points, while Belarus (-X%) and Armenia (-X%) saw their share reduced.

In value terms, Russia ($X) remains the largest electronic thermostat supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Armenia ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

In Russia, electronic thermostat exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Armenia (+X% per year) and Belarus (+X% per year).

Electronic Thermostat Export Prices by Country in CIS

The electronic thermostat export price in CIS stood at $X per unit in 2017, shrinking by -X% against the previous year. The electronic thermostat export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. In that year, the export prices for electronic thermostats reached their peak level of $X per unit. From 2012 to 2017, growth of the export prices for electronic thermostats failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced a decline in the export price figures.

Electronic Thermostat Imports in CIS

In 2017, the amount of electronic thermostats imported in CIS amounted to X units, growing by X% against the previous year. The electronic thermostat imports continue to indicate a strong growth. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. The volume of imports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, electronic thermostat imports amounted to $X in 2017. The total imports indicated a measured 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 electronic thermostat imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Electronic Thermostat Imports by Country in CIS

Russia prevails in electronic thermostat imports structure, recording X units, which was near X% of total imports in 2017. It was distantly followed by Belarus (X units), making up X% share of total imports.

Russia was also the fastest growing in terms of the electronic thermostats imports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. While the share of Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electronic thermostats in CIS, making up X% of global imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global imports.

In Russia, electronic thermostat imports expanded at an average annual rate of +X% over the period from 2007-2017.

Electronic Thermostat Import Prices by Country in CIS

In 2017, the electronic thermostat import price in CIS amounted to $X per thousand units, coming down by -X% against the previous year. The electronic thermostat import price continues to indicate a drastic deduction. The pace of growth appeared the most rapid in 2014, an increase of X% y-o-y. Over the period under review, the import prices for electronic thermostats reached its peak figure level of $X per thousand units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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 ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform