Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR - 2023

Contents:

1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR (FOB) - 2022
2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR (CIF) - 2022
3. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR
4. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $7,398 per ton, falling by -12.3% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 an increase of 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,978 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($7,497 per ton), while the average price for exports to South Korea amounted to $4,368 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.3%).

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $80,302 per ton, flattening at the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carbonaceous pastes for electrodes and furnace linings increased by +47.0% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 27%. The import price peaked at $81,218 per ton in 2021, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +4.4% per year.

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR

In 2022, the amount of carbonaceous pastes for electrodes and furnace linings exported from Hong Kong SAR skyrocketed to 23 tons, picking up by 108% compared with 2021. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,200%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings soared to $173K in 2022. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,260% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from Hong Kong SAR in 2022:

1. China (22.7 tons)
2. South Korea (0.7 tons)

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Hong Kong SAR

In 2022, purchases abroad of carbonaceous pastes for electrodes and furnace linings decreased by -32.9% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of 3.2 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings declined remarkably to $94K in 2022. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports attained the peak of $219K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to Hong Kong SAR in 2022:

1. Japan (1.2 tons)

Source: IndexBox Market Intelligence Platform