Eastern Europe: Market for Carbon Electrodes Not For Furnaces 2024

Market Size for Carbon Electrodes Not For Furnaces in Eastern Europe

The East European market for carbon electrodes not for furnaces surged to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption recorded pronounced growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Carbon Electrodes Not For Furnaces in Eastern Europe

In value terms, carbon electrode not for furnaces production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Carbon Electrodes Not For Furnaces

Exports in Eastern Europe

In 2022, overseas shipments of carbon electrodes not for furnaces increased by X% to X tons, rising for the second consecutive year after three years of decline. Total exports indicated a prominent expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, carbon electrode not for furnaces exports rose rapidly to $X in 2022. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland was the key exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Russia (X tons), committing a X% share of total exports. Ukraine (X tons) held a relatively small share of total exports.

Poland was also the fastest-growing in terms of the carbon electrodes not for furnaces exports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest carbon electrode not for furnaces supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Ukraine (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price saw a mild increase. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Carbon Electrodes Not For Furnaces

Imports in Eastern Europe

In 2022, carbon electrode not for furnaces imports in Eastern Europe surged to X tons, growing by X% against the previous year. Over the period under review, imports saw a temperate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbon electrode not for furnaces imports soared to $X in 2022. In general, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the one major importers of carbon electrodes not for furnaces, namely Russia, represented more than two-thirds of total import.

Russia was also the fastest-growing in terms of the carbon electrodes not for furnaces imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported carbon electrodes not for furnaces in Eastern Europe.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price, however, showed buoyant growth. The growth pace was the most rapid in 2013 an increase of X%. The level of import peaked at $X per ton in 2021, and then dropped remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Source: IndexBox Platform