Central Asia: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Central Asia

In 2022, the Central Asian furnace carbon electrode market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted measured growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Furnace Carbon Electrode Production in Central Asia

In value terms, furnace carbon electrode production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Furnace Carbon Electrode Exports

Exports in Central Asia

In 2022, overseas shipments of carbon electrodes for furnaces increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, furnace carbon electrode exports contracted significantly to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), together reaching X% of total export.

Kazakhstan was also the fastest-growing in terms of the carbon electrodes for furnaces exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest furnace carbon electrode supplier in Central Asia.

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

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

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

Furnace Carbon Electrode Imports

Imports in Central Asia

In 2022, purchases abroad of carbon electrodes for furnaces was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports posted a prominent expansion. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, furnace carbon electrode imports skyrocketed to $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X tons) was the key importer of carbon electrodes for furnaces, making up X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Turkmenistan (X%).

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

In value terms, Kazakhstan ($X) constitutes the largest market for imported carbon electrodes for furnaces in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, posted noticeable growth. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Kazakhstan ($X per ton), while Turkmenistan ($X per ton) 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 a decline in the import price figures.

Source: IndexBox Platform

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