Mexico - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Mexico - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights

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Furnace Carbon Electrode Price in Mexico - 2023

Contents:

  1. Furnace Carbon Electrode Price in Mexico (CIF) - 2022
  2. Furnace Carbon Electrode Price in Mexico (FOB) - 2022
  3. Furnace Carbon Electrode Imports in Mexico
  4. Furnace Carbon Electrode Exports in Mexico

Furnace Carbon Electrode Price in Mexico (CIF) - 2022

In 2022, the average furnace carbon electrode import price amounted to $5,333 per ton, growing by 43% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, furnace carbon electrode import price increased by +54.8% against 2020 indices. The import price peaked at $6,951 per ton in 2018; however, from 2019 to 2022, 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 the United States ($7,301 per ton), while the price for China ($4,496 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Furnace Carbon Electrode Price in Mexico (FOB) - 2022

The average furnace carbon electrode export price stood at $3,784 per ton in 2022, with a decrease of -3% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, furnace carbon electrode export price decreased by -18.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $4,630 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +5.4% per year.

Furnace Carbon Electrode Imports in Mexico

In 2022, furnace carbon electrode imports into Mexico contracted to 17K tons, waning by -5.2% compared with 2021 figures. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.

In value terms, furnace carbon electrode imports surged to $92M in 2022. Over the period under review, imports showed a abrupt contraction.

Import of Furnace Carbon Electrode in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China41.717.435.850.66.7%
United States30.219.217.330.80.7%
India8.85.11.15.5-14.5%
SpainN/AN/A0.23.11450.0%
Malaysia30.98.49.5N/A-44.6%
Others4.71.73.81.8-27.4%
Total11651.867.791.8-7.5%

Top Suppliers of Furnace Carbon Electrode to Mexico in 2022:

  1. China (11.3K tons)
  2. United States (4.2K tons)
  3. India (1.1K tons)
  4. Spain (0.4K tons)

Furnace Carbon Electrode Exports in Mexico

In 2022, the amount of carbon electrodes for furnaces exported from Mexico reduced remarkably to 490 tons, which is down by -98.4% compared with 2021 figures. Overall, exports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of 31K tons, and then fell rapidly in the following year.

In value terms, furnace carbon electrode exports contracted dramatically to $1.9M in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 110% against the previous year. As a result, the exports attained the peak of $122M, and then declined dramatically in the following year.

Export of Furnace Carbon Electrode in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States60.432.566.61.9-68.4%
Argentina10.04.36.5N/A-19.4%
Belgium11.18.414.4N/A13.9%
Colombia6.01.51.9N/A-43.7%
France1.72.05.1N/A73.2%
Luxembourg7.13.612.9N/A34.8%
South Africa1.30.51.6N/A10.9%
Canada6.50.66.2N/A-2.3%
Others7.94.66.6N/A-8.6%
Total11258.01221.9-74.3%

Top Export Markets for Furnace Carbon Electrode from Mexico in 2022:

  1. United States (490.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the furnace carbon electrode market in Mexico. 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:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Sep 24, 2023
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The price of Carbon Electrode in June 2023 was $4,660 per ton (CIF, Mexico), representing a decrease of 23.2% compared to the previous month.

Carbon Brush Price in Mexico Falls 20%, Bottoming at $32 per kg
Nov 24, 2022
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In July 2022, the carbon brush price amounted to $31.6 per kg (CIF, Mexico), with a decrease of -20.1% against the previous month.

Which Country Imports the Most Carbon Blacks and Other Carbon Forms in the World?
Jul 26, 2018
Eye 674

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 ...

Which Country Exports the Most Carbon Blacks and Other Carbon Forms in the World?
Jul 26, 2018
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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...

Which Country Imports the Most Carbon Electrodes in the World?
May 28, 2018
Eye 703

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...

Which Country Exports the Most Carbon Electrodes in the World?
May 28, 2018
Eye 934

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...

Carbon Electrode Price in Mexico Drops by 23% to $4,660 per Ton
Sep 24, 2023
Eye 289

The price of Carbon Electrode in June 2023 was $4,660 per ton (CIF, Mexico), representing a decrease of 23.2% compared to the previous month.

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Nov 24, 2022
Eye 254

In July 2022, the carbon brush price amounted to $31.6 per kg (CIF, Mexico), with a decrease of -20.1% against the previous month.

Which Country Imports the Most Carbon Blacks and Other Carbon Forms in the World?
Jul 26, 2018
Eye 674

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 ...

Which Country Exports the Most Carbon Blacks and Other Carbon Forms in the World?
Jul 26, 2018
Eye 669

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...

Free Data: Carbon Electrodes For Furnaces - Mexico