Russian Federation: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in the Russian Federation

The Russian non-electric roasting furnace market soared to $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Roasting Furnace Production in the Russian Federation

In value terms, non-electric roasting furnace production skyrocketed to $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion 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.

Non-Electric Roasting Furnace Exports

Exports from the Russian Federation

Non-electric roasting furnace exports from Russia fell dramatically to X units in 2022, with a decrease of X% on 2021. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then shrank significantly in the following year.

In value terms, non-electric roasting furnace exports fell remarkably to $X in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) and Uzbekistan (X units) were the main destinations of non-electric roasting furnace exports from Russia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of X%).

In value terms, Kazakhstan ($X) emerged as the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Russia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to X%.

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X,866 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Uzbekistan stood at $X per unit.

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

Non-Electric Roasting Furnace Imports

Imports into the Russian Federation

In 2022, overseas purchases of non-electric furnaces and ovens for the roasting or melting were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-electric roasting furnace imports reached $X in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest non-electric roasting furnace supplier to Russia, accounting for a X% share of total imports. Moreover, non-electric roasting furnace imports from Germany exceeded the figures recorded by the second-largest supplier, Lithuania (X units), more than tenfold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Turkey (X% per year).

In value terms, Germany ($X) constituted the largest supplier of non-electric furnaces and ovens for the roasting or melting to Russia, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Lithuania, with a X% share.

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

Import Prices by Country

In 2022, the average non-electric roasting furnace import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price 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, non-electric roasting furnace import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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