CIS: Boiler Parts Market 2024

Boiler Parts Market Size in CIS

The CIS boiler parts market rose rapidly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Boiler Parts Production in CIS

In value terms, boiler parts production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced descent. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Boiler Parts Exports

Exports in CIS

In 2022, after two years of growth, there was significant decline in overseas shipments of parts of boilers for central heating, when their volume decreased by X% to X tons. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, boiler parts exports reduced markedly to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

In 2022, Belarus (X tons) was the largest exporter of parts of boilers for central heating, creating X% of total exports. Russia (X tons) held the second position in the ranking, followed by Moldova (X tons). All these countries together took approx. X% share of total exports.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%) and Russia (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Moldova (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belarus ($X) remains the largest boiler parts supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports.

In Belarus, boiler parts exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price showed strong growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Boiler Parts Imports

Imports in CIS

In 2022, the amount of parts of boilers for central heating imported in the CIS shrank sharply to X tons, waning by X% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, boiler parts imports contracted rapidly to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Russia (X tons), Belarus (X tons) and Kazakhstan (X tons) was the major importer of parts of boilers for central heating in the CIS, mixing up X% of total import. It was distantly followed by Uzbekistan (X tons) and Moldova (X tons), together comprising a X% share of total imports. Azerbaijan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest boiler parts importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Belarus ($X), together comprising X% of total imports. Moldova, Uzbekistan and Azerbaijan lagged somewhat behind, together accounting for a further X%.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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