Russian Federation: Carbon Electrode Market 2024

Carbon Electrode Market Size in the Russian Federation

The Russian carbon electrode market fell to $X in 2022, declining by X% against the previous year. In general, consumption showed a pronounced increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Carbon Electrode Production in the Russian Federation

In value terms, carbon electrode production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production enjoyed notable growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Carbon electrode production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Carbon Electrode Exports

Exports from the Russian Federation

Carbon electrode exports from Russia declined to X tons in 2022, which is down by X% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carbon electrode exports shrank to $X in 2022. Overall, exports recorded a slight contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), Kazakhstan (X tons) and Iceland (X tons) were the main destinations of carbon electrode exports from Russia, together accounting for X% of total exports.

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

In value terms, the largest markets for carbon electrode exported from Russia were the United States ($X), Kazakhstan ($X) and Iceland ($X), with a combined X% share of total exports.

Among the main countries of destination, Iceland, 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 average carbon electrode export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kazakhstan ($X per ton) and Iceland ($X per ton), while the average price for exports to Norway ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carbon Electrode Imports

Imports into the Russian Federation

After two years of growth, purchases abroad of carbon electrodes decreased by X% to X tons in 2022. Over the period under review, imports, however, posted a moderate increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, carbon electrode imports soared to $X in 2022. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main carbon electrode supplier to Russia, accounting for a X% share of total imports. It was followed by Lithuania (X tons), with a X% share of total imports. The third position in this ranking was held by Japan (X tons), with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of carbon electrodes to Russia, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average carbon electrode import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw pronounced growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform