United Kingdom - Carbon Electrodes Not For Furnaces - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Kingdom - Carbon Electrodes Not For Furnaces - Market Analysis, Forecast, Size, Trends and Insights

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Price for Carbon Electrode Not for Furnaces in the UK - 2023

Contents:

  1. Price for Carbon Electrode Not for Furnaces in the UK (FOB) - 2022
  2. Price for Carbon Electrode Not for Furnaces in the UK (CIF) - 2023
  3. Exports of Carbon Electrode Not for Furnaces in the UK
  4. Imports of Carbon Electrode Not for Furnaces in the UK

Price for Carbon Electrode Not for Furnaces in the UK (FOB) - 2022

In 2022, the average export price for carbon electrodes not for furnaces amounted to $68,544 per ton, rising by 46% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2020 an increase of 305%. As a result, the export price attained the peak level of $78,129 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 the United States ($190,179 per ton), while the average price for exports to Bosnia and Herzegovina ($495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.1%), while the prices for the other major destinations experienced a decline.

Price for Carbon Electrode Not for Furnaces in the UK (CIF) - 2023

In May 2023, the average import price for carbon electrodes not for furnaces amounted to $1,915 per ton, with a decrease of -5.1% against the previous month. Overall, the import price, however, continues to indicate a mild increase. The growth pace was the most rapid in September 2022 when the average import price increased by 363% against the previous month. As a result, import price attained the peak level of $6,851 per ton. From October 2022 to May 2023, the average import prices failed to regain momentum.

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

From May 2022 to May 2023, the rate of growth in terms of prices for China amounted to +1.9% per month.

Exports of Carbon Electrode Not for Furnaces in the UK

Carbon electrode not for furnaces exports from the UK declined rapidly to 747 tons in 2022, which is down by -15.8% compared with the previous year's figure. Over the period under review, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year.

In value terms, carbon electrode not for furnaces exports skyrocketed to $51M in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbon Electrode Not for Furnaces in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23.223.124.827.86.2%
South Korea6.012.714.621.252.3%
Argentina1.40.31.81.1-7.7%
Canada0.7N/AN/A0.5-10.6%
Montenegro0.3N/AN/AN/A0%
Bahrain0.3N/AN/AN/A0%
Others3.43.10.60.5-47.2%
Total35.339.241.751.213.2%

Top Export Markets for Carbon Electrode Not for Furnaces from the UK in 2022:

  1. Argentina (369.6 tons)
  2. South Korea (168.8 tons)
  3. United States (146.2 tons)
  4. Canada (34.4 tons)

Imports of Carbon Electrode Not for Furnaces in the UK

Carbon electrode not for furnaces imports into the UK reduced remarkably to 5.6K tons in 2022, with a decrease of -72.5% compared with 2021. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, imports attained the peak of 20K tons, and then reduced rapidly in the following year.

In value terms, carbon electrode not for furnaces imports surged to $25M in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 54%.

Import of Carbon Electrode Not for Furnaces in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.10.122.5382.7%
France1.30.40.80.8-14.9%
Belgium25.512.519.2N/A-13.2%
Netherlands2.10.10.2N/A-69.1%
Others1.51.11.42.010.1%
Total30.514.221.825.3-6.0%

Top Suppliers of Carbon Electrode Not for Furnaces to the UK in 2022:

  1. Belgium (undefinedK tons)
  2. Netherlands (undefinedK tons)
  3. China (5.3K tons)
  4. France (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for carbon electrode not for furnaces in the UK. 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 27901350 - Carbon electrodes (excluding for furnaces)

Country coverage:

  • United Kingdom

Data coverage:

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