Kyrgyzstan: Electric Heating Equipment Market 2020

Electric Heating Equipment Market Size in Kyrgyzstan

The revenue of the electric heating equipment market in Kyrgyzstan amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, electric heating equipment consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. In that year, the electric heating equipment market reached its peak level of $X. From 2014 to 2018, the growth of the electric heating equipment market remained at a somewhat lower figure.

Electric Heating Equipment Production in Kyrgyzstan

In value terms, electric heating equipment production stood at $X in 2018 estimated in export prices. In general, electric heating equipment production continues to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, electric heating equipment production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Electric Heating Equipment Exports

Exports from Kyrgyzstan

Electric heating equipment exports from Kyrgyzstan amounted to X units in 2018, going up by X% against the previous year. Overall, electric heating equipment exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Kyrgyzstan exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, electric heating equipment exports stood at $X in 2018. Over the period under review, electric heating equipment exports continue to indicate an outstanding expansion. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Kyrgyzstan exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

China represented the largest exporting country with an export of around X units, which finished at X% of total exports. Malaysia (X units) held the second position in the ranking, followed by Russia (X units). All these countries together held near X% share of total exports. Germany (X units), Japan (X units) and Italy (X units) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Kyrgyzstan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electric heating equipment supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the electric heating equipment export price in Kyrgyzstan amounted to $X per unit, waning by -X% against the previous year. In general, the electric heating equipment export price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. In that year, the export prices for electric space heating apparatus and soil heating apparatus reached their peak level of $X per unit. From 2011 to 2018, the growth in terms of the export prices for electric space heating apparatus and soil heating apparatus failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Electric Heating Equipment Imports

Imports into Kyrgyzstan

Electric heating equipment imports into Kyrgyzstan totaled X units in 2018, remaining constant against the previous year. In general, electric heating equipment imports, however, continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, electric heating equipment imports attained their peak of X units, leveling off in the following year.

In value terms, electric heating equipment imports stood at $X in 2018. In general, electric heating equipment imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, electric heating equipment imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Kazakhstan (X units) was the largest importer of electric space heating apparatus and soil heating apparatus, creating X% of total imports. It was distantly followed by the U.S. (X units), the UK (X units), Russia (X units) and Japan (X units), together creating a X% share of total imports. France (X units), Italy (X units), Germany (X units), the Netherlands (X units), Spain (X units) and Vietnam (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the electric space heating apparatus and soil heating apparatus imports, with a CAGR of +X% from 2007 to 2018. At the same time, Vietnam (+X%), France (+X%), the UK (+X%), the Netherlands (+X%), Germany (+X%), Russia (+X%), Japan (+X%) and Italy (+X%) displayed positive paces of growth. By contrast, Spain (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. Kazakhstan (+X p.p.), the UK (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global imports, while the U.S. saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported electric space heating apparatus and soil heating apparatus into Kyrgyzstan, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., electric heating equipment imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the electric heating equipment import price in Kyrgyzstan amounted to $X per unit, increasing by X% against the previous year. In general, the electric heating equipment import price, however, continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. In that year, the import prices for electric space heating apparatus and soil heating apparatus reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the import prices for electric space heating apparatus and soil heating apparatus remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform