Philippines - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFurnace Carbon Electrode Price in the Philippines - 2023
Contents:
- Furnace Carbon Electrode Price in the Philippines (CIF) - 2022
- Furnace Carbon Electrode Price in the Philippines (FOB) - 2022
- Furnace Carbon Electrode Imports in the Philippines
- Furnace Carbon Electrode Exports in the Philippines
Furnace Carbon Electrode Price in the Philippines (CIF) - 2022
The average furnace carbon electrode import price stood at $4,128 per ton in 2022, with an increase of 54% against the previous year. In general, the import price showed a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 64% against the previous year. Over the period under review, average import prices attained the peak figure at $7,163 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 Japan ($8,056 per ton), while the price for China ($3,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Furnace Carbon Electrode Price in the Philippines (FOB) - 2022
In 2022, the average furnace carbon electrode export price amounted to $3,000 per ton, dropping by -33.3% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The export price peaked at $7,813 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Palau.
From 2015 to 2022, the rate of growth in terms of prices for China amounted to +1,314.5% per year.
Furnace Carbon Electrode Imports in the Philippines
In 2022, approx. 2.5K tons of carbon electrodes for furnaces were imported into the Philippines; surging by 7.1% compared with the previous year's figure. Overall, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 169%.
In value terms, furnace carbon electrode imports soared to $10M in 2022. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 124%.
| Import of Furnace Carbon Electrode in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 1.0 | 4.3 | 7.3 | 37.6% |
| Japan | 10.4 | 1.5 | 1.7 | 2.7 | -36.2% |
| Malaysia | N/A | N/A | N/A | 0.2 | 0% |
| India | 3.4 | N/A | 0.1 | N/A | -82.9% |
| Others | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Total | 16.8 | 2.8 | 6.3 | 10.3 | -15.0% |
Top Suppliers of Furnace Carbon Electrode to the Philippines in 2022:
- China (2120.0 tons)
- Japan (341.0 tons)
- Malaysia (42.9 tons)
Furnace Carbon Electrode Exports in the Philippines
In 2022, exports of carbon electrodes for furnaces from the Philippines contracted rapidly to 6 kg, which is down by -25% against the year before. In general, exports continue to indicate a dramatic descent.
In value terms, furnace carbon electrode exports declined notably to $18 in 2022. Over the period under review, exports recorded a sharp reduction.
| Export of Furnace Carbon Electrode in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Palau | 1.0 | 18.0 | 1700.0% | ||
| Singapore | 1.0 | N/A | 0% | ||
| France | 17.0 | N/A | 0% | ||
| Others | 17.0 | N/A | 0% | ||
| Total | 36.0 | 18.0 | -50.0% | ||
Top Export Markets for Furnace Carbon Electrode from the Philippines in 2022:
- Palau (6.0 kg)
This report provides an in-depth analysis of the furnace carbon electrode market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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