Russian Federation: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in the Russian Federation

The Russian carbon for electrical purposes market soared to $X in 2022, growing by 360% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from the Russian Federation

In 2022, approx. X tons of articles of graphite or other carbon for electrical purposes were exported from Russia; which is down by -21% on the previous year. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 212% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbon for electrical purposes exports contracted to $X in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2015 with an increase of 271%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) was the main destination for carbon for electrical purposes exports from Russia, with a 66% share of total exports. Moreover, carbon for electrical purposes exports to Kazakhstan exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Belarus (X tons) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+41.8% per year) and Belarus (-3.6% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for articles of graphite or other carbon for electrical purposes exports from Russia, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Brazil, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+21.7% per year) and Brazil (+172.9% per year).

Export Prices by Country

In 2022, the average carbon for electrical purposes export price amounted to $X per ton, surging by 10% against the previous year. In general, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the peak figure 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 Brazil ($X per ton), while the average price for exports to Ukraine ($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 Brazil (+20.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into the Russian Federation

In 2022, carbon for electrical purposes imports into Russia skyrocketed to X tons, picking up by 426% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 26%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ukraine (X tons) was the main supplier of carbon for electrical purposes to Russia, with a 97% share of total imports. It was followed by China (X tons), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ukraine amounted to +9.5%.

In value terms, China ($X) and Ukraine ($X) constituted the largest carbon for electrical purposes suppliers to Russia.

Ukraine, with a CAGR of +2.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average carbon for electrical purposes import price stood at $X per ton in 2022, waning by -77.4% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 60%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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