Ukraine: 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 Ukraine

The Ukrainian carbon for electrical purposes market contracted modestly to $X in 2022, shrinking by -1.6% against the previous year. Over the period under review, consumption saw a deep contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Ukraine

In value terms, carbon for electrical purposes production expanded to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -13.9% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 77% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Ukraine

Carbon for electrical purposes exports from Ukraine dropped significantly to X tons in 2022, waning by -27.9% compared with the previous year's figure. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 139%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports declined remarkably to $X in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 109%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt (X tons) was the main destination for carbon for electrical purposes exports from Ukraine, with a 45% share of total exports. Moreover, carbon for electrical purposes exports to Egypt exceeded the volume sent to the second major destination, Hungary (X tons), twofold. Oman (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt amounted to -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+30.9% per year) and Oman (+2.5% per year).

In value terms, Hungary ($X) remains the key foreign market for articles of graphite or other carbon for electrical purposes exports from Ukraine, comprising 83% of total exports. The second position in the ranking was held by Egypt ($X), with a 6.9% share of total exports. It was followed by Oman, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-5.1% per year) and Oman (+12.9% per year).

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, declining by -10.9% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 428% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 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 Hungary ($X per ton), while the average price for exports to Egypt ($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 Georgia (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Ukraine

In 2022, overseas purchases of articles of graphite or other carbon for electrical purposes decreased by -48.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2019 when imports increased by 207% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, carbon for electrical purposes imports declined significantly to $X in 2022. In general, imports faced a dramatic descent. The smallest decline of -2% was in 2020. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) was the main supplier of carbon for electrical purposes to Ukraine, with a 94% share of total imports. It was followed by Romania (X kg), with a 2.7% share of total imports. Germany (X kg) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+150.3% per year) and Germany (-22.8% per year).

In value terms, South Korea ($X), Romania ($X) and Germany ($X) were the largest carbon for electrical purposes suppliers to Ukraine, with a combined 91% share of total imports.

In terms of the main suppliers, Romania, with a CAGR of +112.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average carbon for electrical purposes import price stood at $X per ton in 2022, declining by -28% against the previous year. Overall, the import price showed a deep contraction. The growth pace was the most rapid in 2015 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for South Korea ($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 (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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