Russian Federation: Activated Carbon Market 2024

Activated Carbon Market Size in the Russian Federation

After two years of growth, the Russian activated carbon market decreased by -6.9% to $X in 2022. Overall, consumption, however, recorded a resilient expansion. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Activated Carbon Production in the Russian Federation

In value terms, activated carbon production rose modestly to $X in 2022 estimated in export price. In general, production saw a strong expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 76% against the previous year. Activated carbon production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Activated Carbon Exports

Exports from the Russian Federation

In 2022, after four years of growth, there was decline in shipments abroad of activated carbon, when their volume decreased by -1.8% to X tons. Overall, exports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, activated carbon exports contracted to $X in 2022. In general, total exports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Kazakhstan (X tons), Tajikistan (X tons) and Turkey (X tons) were the main destinations of activated carbon exports from Russia, together accounting for 93% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tajikistan (with a CAGR of +52.0%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Tajikistan ($X) and Belarus ($X) were the largest markets for activated carbon exported from Russia worldwide, together accounting for 88% of total exports.

Tajikistan, with a CAGR of +55.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average activated carbon export price stood at $X per ton in 2022, waning by -5.4% against the previous year. In general, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 21%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Tajikistan ($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 (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Activated Carbon Imports

Imports into the Russian Federation

In 2022, the amount of activated carbon imported into Russia declined to X tons, falling by -12.3% on 2021. The total import volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, activated carbon imports declined significantly to $X in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

China (X tons), India (X tons) and the Philippines (X tons) were the main suppliers of activated carbon imports to Russia, with a combined 84% share of total imports. Sri Lanka, Thailand, Belgium, Germany and Vietnam lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +37.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and the Philippines ($X) appeared to be the largest activated carbon suppliers to Russia, together comprising 76% of total imports. Sri Lanka, Thailand, Belgium, Germany and Vietnam lagged somewhat behind, together accounting for a further 18%.

Among the main suppliers, Thailand, with a CAGR of +41.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average activated carbon import price amounted to $X per ton, dropping by -4.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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