The information presented on the graphs confirms two trends:
- an increase in domestic consumption in the segment of steel panel heating radiators and the share of this type of heating devices in the structure of the Russian market as a whole;
- occupation of a market niche liberated by a decrease in European and Turkish imports in the amount of about 500 thousand pieces by Russian manufacturers.
The physical volume of import of steel tubular heating radiators into the territory of the Russian Federation significantly increased by 28.1%. This trend indicates an increase in the share of this segment, belonging to the price categories “above average” and “premium”, in the structure of Russian consumption of heating appliances in general.
Average customs value of steel tubular radiators heating increased by 3.5% in 2019 (to $ 177 per radiator vs $ 171 in 2018).
Cast iron heating radiators
The significant increase by 66.1% in the physical volume of import of cast iron radiators into the territory of the Russian Federation was fixed in 2019. Such a large increase is most likely caused by the difficulties in manufacturing significant volumes of products by Russian and Belarusian manufacturers.
The average customs value of cast-iron radiators in 2019 decreased by 7.7% (to $ 5.50 per section vs $ 5.96 in 2018).
Import supplies of convectors in physical volumes decreased by 5.8% in 2019.
Mostly, copper-aluminum convectors (90% of imports) were supplied for imports to Russia, much less often steel (10%).
Convectors with a copper-aluminum heat exchanger showed an increase in imports by 3.3%.
This situation is caused by a serious growth in the construction of commercial real estate and investments in this construction sector in 2019 (growth according to expert estimates from 25% to 40%), similar growth rates are forecasted in 2020. In turn, floor-mounted copper-aluminum convectors are installed mainly in non-residential premises (office and other office and public premises), which makes the demand for products in this segment steady and dynamically growing.
The import volume of convectors into the Russian Federation decreased twice.
Thus, the volumes of import supplies of heating appliances to Russia stabilized in 2019 and the significant decrease in the volume of imports of heating radiators to the territory of the Russian Federation stopped.
According to Association of Manufacturers of Heating Appliances, one of the factor caused this situation is a steady increase in domestic demand, both in the framework of the installation of heating devices at new construction sites, and during their planned replacement during repair work.