Price for Carbonaceous Pastes for Electrodes and Furnace Linings in India - 2023
Contents:
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in India (CIF) - 2022
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in India (FOB) - 2023
- Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in India
- Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in India
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in India (CIF) - 2022
The average import price for carbonaceous pastes for electrodes and furnace linings stood at $1,071 per ton in 2022, with a decrease of -24.7% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $1,422 per ton, and then contracted significantly in the following year.
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 UK ($2,234 per ton), while the price for China ($554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in India (FOB) - 2023
In November 2023, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $878 per ton, picking up by 8.6% against the previous month. In general, the export price, however, recorded a slight curtailment. The export price peaked at $1,057 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($1,802 per ton), while the average price for exports to Tanzania ($764 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in India
In 2022, the amount of carbonaceous pastes for electrodes and furnace linings imported into India soared to 17K tons, growing by 22% compared with the previous year's figure. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 76%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of carbonaceous pastes for electrodes and furnace linings declined to $19M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 105% against the previous year. As a result, imports reached the peak of $20M, and then shrank in the following year.
| Import of Carbonaceous Pastes for Electrodes and Furnace Linings in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.2 | 1.7 | 9.4 | 5.8 | 207.2% |
| Poland | 1.2 | 3.4 | 4.5 | 4.0 | 49.4% |
| China | 1.6 | 0.5 | 1.0 | 3.1 | 24.7% |
| Germany | 0.9 | 1.8 | 1.1 | 2.8 | 46.0% |
| Norway | 0.5 | 0.2 | 2.3 | 2.3 | 66.3% |
| France | 2.2 | 1.8 | 1.3 | 0.3 | -48.5% |
| Others | 0.1 | 0.4 | 0.5 | 0.3 | 44.2% |
| Total | 6.6 | 9.8 | 20.2 | 18.6 | 41.3% |
Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to India in 2022:
- China (5.7K tons)
- Norway (4.1K tons)
- United Kingdom (2.6K tons)
- Poland (2.5K tons)
- Germany (2.2K tons)
- France (0.2K tons)
Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in India
In 2022, approx. 13K tons of carbonaceous pastes for electrodes and furnace linings were exported from India; increasing by 12% on the previous year's figure. The total export volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of carbonaceous pastes for electrodes and furnace linings skyrocketed to $15M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonaceous Pastes for Electrodes and Furnace Linings in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bhutan | 3.8 | 2.6 | 3.9 | 6.4 | 19.0% |
| Bangladesh | 0.8 | 0.8 | 1.0 | 1.8 | 31.0% |
| Zambia | 0.3 | 0.3 | 0.7 | 1.7 | 78.3% |
| United Arab Emirates | N/A | N/A | N/A | 1.2 | 0% |
| Oman | N/A | 0.4 | 0.5 | 1.1 | 65.8% |
| Kuwait | 0.6 | 0.7 | 0.5 | 1.1 | 22.4% |
| Tanzania | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Saudi Arabia | N/A | 0.1 | 0.7 | 0.1 | 0.0% |
| Others | 0.9 | 0.3 | 0.3 | 0.6 | -12.6% |
| Total | 6.5 | 5.2 | 7.7 | 14.8 | 31.6% |
Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from India in 2022:
- Bhutan (6.1K tons)
- Zambia (1.7K tons)
- Bangladesh (1.6K tons)
- Oman (1.1K tons)
- Kuwait (1.0K tons)
- Tanzania (0.7K tons)
- United Arab Emirates (0.4K tons)
- Saudi Arabia (0.1K tons)
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