CIS: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in CIS

The CIS non-electric roasting furnace market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Non-Electric Roasting Furnace Production in CIS

In value terms, non-electric roasting furnace production surged to $X in 2022 estimated in export price. The total production indicated a resilient increase 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. Based on 2022 figures, production increased by X% against 2018 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

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Non-Electric Roasting Furnace Exports

Exports in CIS

Non-electric roasting furnace exports reduced rapidly to X units in 2022, dropping by X% compared with the year before. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then reduced notably in the following year.

In value terms, non-electric roasting furnace exports dropped significantly to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) and Russia (X units) represented the main exporters of non-electric furnaces and ovens for the roasting or melting in 2022, recording near X% and X% of total exports, respectively. Belarus (X units) held the next position in the ranking, followed by Kyrgyzstan (X units), Tajikistan (X units) and Uzbekistan (X units). All these countries together held near X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kyrgyzstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Kazakhstan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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

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

Non-Electric Roasting Furnace Imports

Imports in CIS

In 2022, imports of non-electric furnaces and ovens for the roasting or melting in the CIS expanded remarkably to X units, increasing by X% compared with the year before. Over the period under review, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, non-electric roasting furnace imports soared to $X in 2022. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) was the key importer of non-electric furnaces and ovens for the roasting or melting, mixing up X% of total imports. Uzbekistan (X units) held the second position in the ranking, followed by Kazakhstan (X units), Kyrgyzstan (X units) and Azerbaijan (X units). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electric roasting furnace imports into Russia stood at X%. At the same time, Kyrgyzstan (X%), Azerbaijan (X%), Uzbekistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Kazakhstan, Kyrgyzstan and Azerbaijan increased by X, X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported non-electric furnaces and ovens for the roasting or melting in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, non-electric roasting furnace imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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