Lithuania: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Lithuania

In 2022, the Lithuanian furnace carbon electrode market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, continues to indicate a perceptible downturn. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Furnace Carbon Electrode Production in Lithuania

In value terms, furnace carbon electrode production declined modestly to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Furnace carbon electrode production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Furnace Carbon Electrode Exports

Exports from Lithuania

Furnace carbon electrode exports from Lithuania fell sharply to X tons in 2022, waning by X% against the previous year's figure. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, furnace carbon electrode exports declined significantly to $X in 2022. Overall, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X tons), Turkey (X tons) and the United States (X tons) were the main destinations of furnace carbon electrode exports from Lithuania, together accounting for X% of total exports.

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

In value terms, Russia ($X), Turkey ($X) and the United States ($X) appeared to be the largest markets for furnace carbon electrode exported from Lithuania worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average furnace carbon electrode export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

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

Furnace Carbon Electrode Imports

Imports into Lithuania

In 2022, furnace carbon electrode imports into Lithuania contracted sharply to X tons, with a decrease of X% on the year before. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, furnace carbon electrode imports dropped dramatically to $X in 2022. Over the period under review, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of furnace carbon electrode imports to Lithuania, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), France ($X) and Germany ($X) appeared to be the largest furnace carbon electrode suppliers to Lithuania, together comprising X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average furnace carbon electrode import price amounted to $X per ton, jumping by X% against the previous year. In general, 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 pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform