CIS: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in CIS

The CIS coated arc-welding electrode market expanded to $X in 2022, picking up by X% against the previous year. The total consumption indicated notable growth 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, consumption decreased by X% against 2019 indices. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Coated Arc-Welding Electrode Production in CIS

In value terms, coated arc-welding electrode production dropped to $X in 2022 estimated in export price. The total production indicated a measured 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Coated Arc-Welding Electrode Exports

Exports in CIS

In 2022, shipments abroad of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, coated arc-welding electrode exports contracted rapidly to $X in 2022. Overall, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Belarus (X tons) and Russia (X tons) represented the key exporters of coated base metal electrodes for electric arc-welding in 2022, reaching near X% and X% of total exports, respectively. Uzbekistan (X tons) ranks next in terms of the total exports with a X% share, followed by Armenia (X%). Kazakhstan (X tons) followed a long way behind the leaders.

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

In value terms, Belarus ($X), Russia ($X) and Uzbekistan ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Armenia and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Armenia, with a CAGR of X%, saw 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 ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Armenia ($X per ton) was amongst the lowest.

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

Coated Arc-Welding Electrode Imports

Imports in CIS

In 2022, the amount of coated base metal electrodes for electric arc-welding imported in the CIS was estimated at X tons, surging by X% on 2021 figures. Total imports indicated a measured increase 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode imports dropped to $X in 2022. Total imports indicated a tangible 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Russia (X tons) was the largest importer of coated base metal electrodes for electric arc-welding, generating X% of total imports. Kazakhstan (X tons) took the second position in the ranking, followed by Uzbekistan (X tons). All these countries together held approx. X% share of total imports. Azerbaijan (X tons), Tajikistan (X tons), Kyrgyzstan (X tons) and Armenia (X tons) took a minor share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%), Uzbekistan (X%) and Tajikistan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Kyrgyzstan experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) and Azerbaijan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan and Russia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported coated base metal electrodes for electric arc-welding in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with an X% share.

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

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Tajikistan ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform

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