CIS: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in CIS

The CIS non-electric roasting furnace market skyrocketed to $X in 2022, surging by 15% against the previous year. In general, consumption enjoyed a prominent increase. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Non-Electric Roasting Furnace Production in CIS

In value terms, non-electric roasting furnace production soared to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +72.7% 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 in CIS

In 2022, exports of non-electric furnaces and ovens for the roasting or melting in the CIS shrank notably to X units, with a decrease of -92.8% against the previous year's figure. In general, exports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 626%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric roasting furnace exports reduced remarkably to $X in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 675%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus was the main exporter of non-electric furnaces and ovens for the roasting or melting in the CIS, with the volume of exports accounting for X units, which was approx. 50% of total exports in 2022. Kazakhstan (X units) ranks second in terms of the total exports with a 20% share, followed by Kyrgyzstan (20%) and Uzbekistan (10%).

Exports from Belarus decreased at an average annual rate of -12.5% from 2012 to 2022. At the same time, Kyrgyzstan (+7.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +7.2% from 2012-2022. Uzbekistan experienced a relatively flat trend pattern. By contrast, Kazakhstan (-4.0%) illustrated a downward trend over the same period. Belarus (+41 p.p.), Kyrgyzstan (+20 p.p.), Kazakhstan (+19 p.p.) and Uzbekistan (+10 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 ($X) emerged as the largest non-electric roasting furnace supplier in the CIS, comprising 96% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 1.8% share of total exports. It was followed by Uzbekistan, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled +27.9%. In the other countries, the average annual rates were as follows: Kyrgyzstan (-4.6% per year) and Uzbekistan (0.0% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, surging by 358% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+33.2%), while the other leaders experienced a decline in the export price figures.

Non-Electric Roasting Furnace Imports

Imports in CIS

After three years of growth, overseas purchases of non-electric furnaces and ovens for the roasting or melting decreased by -44.2% to X units in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 133% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric roasting furnace imports skyrocketed to $X in 2022. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 154%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia was the largest importer of non-electric furnaces and ovens for the roasting or melting in the CIS, with the volume of imports accounting for X units, which was near 67% of total imports in 2022. It was distantly followed by Uzbekistan (X units) and Azerbaijan (X units), together achieving a 25% share of total imports. The following importers - Kyrgyzstan (X units), Belarus (X units) and Kazakhstan (X units) - each accounted for a 6.1% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electric roasting furnace imports into Russia stood at -8.5%. At the same time, Kyrgyzstan (+20.9%), Azerbaijan (+20.4%), Uzbekistan (+14.2%) and Belarus (+4.1%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +20.9% from 2012-2022. By contrast, Kazakhstan (-9.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Azerbaijan and Kyrgyzstan increased by +16, +8.3 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported non-electric furnaces and ovens for the roasting or melting in the CIS, comprising 79% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 15% share of total imports. It was followed by Kazakhstan, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at -5.2%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+16.2% per year) and Kazakhstan (+0.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, rising by 110% against the previous year. Import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, 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 Kazakhstan ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+18.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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