China - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFurnace Carbon Electrode Price in China - 2023
Contents:
- Furnace Carbon Electrode Price in China (FOB) - 2023
- Furnace Carbon Electrode Price in China (CIF) - 2023
- Furnace Carbon Electrode Exports in China
- Furnace Carbon Electrode Imports in China
Furnace Carbon Electrode Price in China (FOB) - 2023
The average furnace carbon electrode export price stood at $2,625 per ton in June 2023, which is down by -7.3% against the previous month. In general, the export price saw a perceptible decrease. The pace of growth appeared the most rapid in February 2023 an increase of 3.1% month-to-month. The export price peaked at $3,518 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($3,540 per ton), while the average price for exports to Tajikistan ($1,114 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Furnace Carbon Electrode Price in China (CIF) - 2023
The average furnace carbon electrode import price stood at $9,360 per ton in June 2023, picking up by 70% against the previous month. In general, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 2,870% against the previous month. As a result, import price attained the peak level of $118K per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From June 2022 to June 2023, the rate of growth in terms of prices for Japan amounted to -1.8% per month.
Furnace Carbon Electrode Exports in China
Furnace carbon electrode exports from China declined markedly to 344K tons in 2022, falling by -19.2% compared with 2021. Over the period under review, exports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 28%.
In value terms, furnace carbon electrode exports rose notably to $1.1B in 2022. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.
| Export of Furnace Carbon Electrode in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 141 | 70.4 | 120 | 155 | 3.2% |
| South Korea | 94.7 | 28.6 | 70.3 | 96.0 | 0.5% |
| Turkey | 182 | 42.1 | 90.9 | 86.6 | -21.9% |
| Japan | 59.9 | 34.9 | 47.8 | 56.3 | -2.0% |
| Malaysia | 650 | 98.3 | 42.7 | 55.5 | -56.0% |
| Brazil | 25.3 | 13.5 | 29.2 | 41.5 | 17.9% |
| Mexico | 46.1 | 14.3 | 31.0 | 41.3 | -3.6% |
| United States | 41.3 | 22.6 | 18.6 | 40.5 | -0.6% |
| India | 54.9 | 4.6 | 21.9 | 39.6 | -10.3% |
| Italy | 72.5 | 40.4 | 63.2 | 33.4 | -22.8% |
| Vietnam | 30.5 | 19.4 | 32.9 | 30.6 | 0.1% |
| Canada | 49.0 | 19.7 | 27.5 | 26.1 | -18.9% |
| Kazakhstan | 10.5 | 6.4 | 6.8 | 23.5 | 30.8% |
| Others | 799 | 374 | 432 | 419 | -19.4% |
| Total | 2,256 | 789 | 1,034 | 1,144 | -20.3% |
Top Export Markets for Furnace Carbon Electrode from China in 2022:
- Russia (41.3K tons)
- South Korea (31.4K tons)
- Turkey (26.3K tons)
- Malaysia (17.9K tons)
- Japan (15.2K tons)
- United States (15.0K tons)
- Brazil (12.5K tons)
- India (11.7K tons)
- Mexico (11.6K tons)
- Kazakhstan (10.6K tons)
- Vietnam (9.4K tons)
- Italy (9.0K tons)
- Canada (8.6K tons)
Furnace Carbon Electrode Imports in China
In 2022, purchases abroad of carbon electrodes for furnaces increased by 18% to 658 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a precipitous decline.
In value terms, furnace carbon electrode imports totaled $5.3M in 2022. Over the period under review, imports, however, saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.
| Import of Furnace Carbon Electrode in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.9 | 2.9 | 4.8 | 4.8 | -23.9% |
| Malaysia | 0.5 | N/A | N/A | N/A | 0% |
| India | 4.5 | 0.2 | N/A | N/A | -95.6% |
| Italy | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.8 | 0.4 | 0.4 | -7.2% |
| Total | 17.7 | 3.9 | 5.2 | 5.3 | -33.1% |
Top Suppliers of Furnace Carbon Electrode to China in 2022:
- Japan (645.2 tons)
- Italy (3.1 tons)
- Malaysia (0.4 tons)
This report provides an in-depth analysis of the furnace carbon electrode market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27901330 - Carbon electrodes for furnaces
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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673
China’s carbon electrode exports started to recover after two years of decline. Throughout January-July 2021, the supplies abroad totalled $1.2B, increasing by +31% compared to the same period in 2020. China remains the world’s largest supplier, accounting for 66% of global carbon electrode exports. More than half of its shipments go to Malaysia, Russia and Canada. Bahrain recorded the highest growth rate of purchases from China among the main trade partners.
111
In March 2023, carbon brush exports saw a rapid growth pace with a 122% month-on-month increase. By December 2023, the value of carbon brush exports reached $6.1M.
678
In value terms, carbon blacks and other carbon forms imports stood at $X in 2016. Overall, it indicated a modest expansion from 2007 to 2016: the total imports value increased at an average annual ...
671
In value terms, carbon blacks and other carbon forms exports totaled $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total exports value increased at an average annual rate...
708
In 2016, the global imports of carbon electrode amounted to X tons, waning by -X% against the previous year level. Overall, carbon electrode imports continue to indicate a relatively flat trend...
937
In 2016, the global imports of carbon electrode amounted to X tons, waning by -X% against the previous year level. Overall, carbon electrode imports continue to indicate a relatively flat trend...
673
China’s carbon electrode exports started to recover after two years of decline. Throughout January-July 2021, the supplies abroad totalled $1.2B, increasing by +31% compared to the same period in 2020. China remains the world’s largest supplier, accounting for 66% of global carbon electrode exports. More than half of its shipments go to Malaysia, Russia and Canada. Bahrain recorded the highest growth rate of purchases from China among the main trade partners.
111
In March 2023, carbon brush exports saw a rapid growth pace with a 122% month-on-month increase. By December 2023, the value of carbon brush exports reached $6.1M.
678
In value terms, carbon blacks and other carbon forms imports stood at $X in 2016. Overall, it indicated a modest expansion from 2007 to 2016: the total imports value increased at an average annual ...
671
In value terms, carbon blacks and other carbon forms exports totaled $X in 2016. Overall, it indicated a mild increase from 2007 to 2016: the total exports value increased at an average annual rate...
