Which Country Imports the Most Carbon Electrodes in the World?

IndexBox has just published a new report "World: Carbon Electrodes - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global imports of carbon electrode amounted to 4.9M tonnes, waning by -3.5% against the previous year level. Overall, carbon electrode imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when imports increased by 7% from the previous year level. Global carbon electrode import peaked of 5.1M tonnes in 2015, falling back in the following year.

In value terms, carbon electrode imports amounted to $3.6B in 2016. In general, carbon electrode imports continue to indicate a pronounced slump. Global carbon electrode import peaked of $6.3B in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

Top Carbon Electrode Importing Countries in the World

1. Iceland (294.3 million USD)

2. USA (277.4 million USD)

3. Russia (198.8 million USD)

4. Norway (191.3 million USD)

5. China (154.8 million USD)

6. United Arab Emirates (79.9 million USD)

7. Mexico (77.8 million USD)

8. Spain (65.1 million USD)

9. Japan (63.5 million USD)

10. India (51.3 million USD)

11. Netherlands (39.2 million USD)

12. Mozambique (9.6 million USD)

Carbon Electrode Imports By Country

China (1.6M tonnes) represented the major importing country with an import of about 1.6M tonnes, which reached 33% of total imports. Iceland (457K tonnes) occupied a 9% share (based on tonnes) of global carbon electrode imports, which put it in second place, following the Netherlands (9%), and Norway (6%). Russia (219K tonnes), Mozambique (213K tonnes), the U.S. (165K tonnes), Japan (150K tonnes), India (147K tonnes), Spain (102K tonnes), Mexico (85K tonnes), and United Arab Emirates (75K tonnes) took the minor share of total imports.

China experienced a relatively flat trend pattern. At the same time, Mozambique (+47.5%), United Arab Emirates (+22.8%), India (+8.1%), and Mexico (+4.5%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer/exporter in the world, with a CAGR of +47.5% from 2007-2016. Iceland, Japan, the Netherlands, and Spain experienced a relatively flat trend pattern. By contrast, Russia (-1.1%), Norway (-1.6%), and the U.S. (-1.6%) illustrated a downward trend over the same period. India (-1.5%), and Mozambique (-4.2%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iceland ($294M), the U.S. ($277M) and Russia ($199M) constituted the countries with the highest levels of imports in 2016, together accounting for 21% of global imports. These countries were followed by Norway, China, United Arab Emirates, Mexico, Spain, Japan, India, the Netherlands and Mozambique, which together accounted for a further 20%.

United Arab Emirates (+12.9% per year) recorded the highest growth rate of carbon electrode imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Carbon Electrode Import Prices By Country

In 2016, the average import price for carbon electrode amounted to $736 per tonne, declining by -12.9% against the previous year. Overall, carbon electrode import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2008, when import increased by 29% against the previous year level. Global carbon electrode import peaked of $1,296 per tonne in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($1,683 per tonne), while Mozambique ($45 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of carbon electrode import prices was attained by Iceland (+4.6% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global carbon electrode market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• carbon electrode market share
• carbon electrode prices
• carbon electrode industry
• carbon electrode sales
• carbon electrode import
• carbon electrode export
• carbon electrode market forecast
• carbon electrode price forecast
• key carbon electrode producers

All data provided in this article covers the following product: HS Code 8545 - Carbon electrodes, carbon brushes, lamp carbons, battery carbons and other articles of graphite or other carbon- with or without metal, of a kind used for electrical purposes.

Source: World: Carbon Electrodes - Market Report. Analysis and Forecast to 2025