CIS: Gas Stove Market 2020

Gas Stove Market Size in CIS

The revenue of the gas stove market in CIS amounted to $X in 2017, going down by -X% against the previous year. The gas stove consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The level of gas stove consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Gas Stove Production in CIS

In 2017, gas stove production in CIS stood at X units, coming down by -X% against the previous year. The gas stove production continues to indicate a slight drop. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of gas stove production peaked of X units in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Gas Stove Exports in CIS

In 2017, gas stove exports in CIS stood at X units, lowering by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, gas stove exports amounted to $X in 2017. The gas stove exports continue to indicate a measured shrinkage. Over the period under review, the gas stove exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Gas Stove Exports by Country in CIS

In 2017, Belarus (X units) was the largest exporter for iron or steel gas domestic cooking appliances and plate warmers (without an oven), creating X% of total exports. It was distantly followed by Russia (X units), comprising X% share of total exports.

Belarus experienced a relatively flat trend pattern of iron or steel gas domestic cooking appliances and plate warmers (without an oven) exports. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Belarus and Russia decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Belarus amounted to -X%.

Gas Stove Export Prices by Country in CIS

The gas stove export price in CIS stood at $X per unit in 2017, picking up by X% against the previous year. The gas stove export price continues to indicate an abrupt drop. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. In that year, the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) 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 unit) 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).

Gas Stove Imports in CIS

In 2017, the amount of iron or steel gas domestic cooking appliances and plate warmers (without an oven) imported in CIS totaled X units, standing approx. at the previous year. The gas stove imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the gas stove imports reached their peak volume of X units. From 2013 to 2017, growth of the gas stove imports failed to regain its momentum.

In value terms, gas stove imports amounted to $X in 2017. The gas stove imports continue to indicate an abrupt reduction. In that year, the gas stove imports attained their peak level of $X. From 2013 to 2017, growth of the gas stove imports failed to regain its momentum.

Gas Stove Imports by Country in CIS

In 2017, Russia (X units) represented the largest importer for iron or steel gas domestic cooking appliances and plate warmers (without an oven), creating X% of total imports. Kazakhstan (X units) occupied the second position in the ranking, distantly followed by Moldova (X units). All these countries together occupied near X% share of total imports. Belarus (X units), Kyrgyzstan (X units) and Azerbaijan (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to gas stove imports into Russia stood at -X%. At the same time, Moldova (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Azerbaijan experienced a relatively flat trend pattern. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Russia and Kyrgyzstan increased by X% and X% percentage points, while Belarus (-X%), Moldova (-X%) and Kazakhstan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported iron or steel gas domestic cooking appliances and plate warmers (without an oven) in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, gas stove imports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (-X% per year) and Belarus (-X% per year).

Gas Stove Import Prices by Country in CIS

In 2017, the gas stove import price in CIS amounted to $X per unit, declining by -X% against the previous year. The gas stove import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2010, an increase of X% year-to-year. Over the period under review, the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached its maximum level of $X per unit in 2014; however, from 2015 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 Russia ($X per unit), while Kyrgyzstan ($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 Kyrgyzstan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform