Eastern Europe: Furnace Carbon Electrode Market 2024

Furnace Carbon Electrode Market Size in Eastern Europe

The East European furnace carbon electrode market reduced to $X in 2022, falling by X% against the previous year. In general, consumption, however, recorded a noticeable contraction. 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 Eastern Europe

In value terms, furnace carbon electrode production plummeted to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Furnace Carbon Electrode Exports

Exports in Eastern Europe

In 2022, the amount of carbon electrodes for furnaces exported in Eastern Europe dropped notably to X tons, shrinking by X% compared with the year before. In general, exports recorded a slight contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, furnace carbon electrode exports contracted remarkably to $X in 2022. Overall, exports showed a slight decrease. The growth pace was the most rapid in 2018 when exports increased by X%. 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

Russia represented the major exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Poland (X tons), the Czech Republic (X tons), Ukraine (X tons) and Lithuania (X tons), together constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to furnace carbon electrode exports from Russia stood at X%. At the same time, Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) and Lithuania (X%) illustrated a downward trend over the same period. Poland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Lithuania, Ukraine and Russia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 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 Lithuania ($X per ton), while Russia ($X per ton) 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 other leaders experienced more modest paces of growth.

Furnace Carbon Electrode Imports

Imports in Eastern Europe

Furnace carbon electrode imports reduced notably to X tons in 2022, waning by X% compared with the year before. Over the period under review, imports saw a mild reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, furnace carbon electrode imports contracted to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the largest importing country with an import of about X tons, which amounted to X% of total imports. Poland (X tons) held the second position in the ranking, followed by the Czech Republic (X tons). All these countries together held near X% share of total imports. Lithuania (X tons), Belarus (X tons), Romania (X tons) and Slovakia (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of carbon electrodes for furnaces. Slovakia experienced a relatively flat trend pattern. Poland (X%), the Czech Republic (X%), Lithuania (X%), Romania (X%) and Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total imports, while Romania and Belarus saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported carbon electrodes for furnaces in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Import price indicated mild growth 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. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat 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 Slovakia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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