Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Norway - 2024

Contents:

  1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (FOB) - 2024
  2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (CIF) - 2024
  3. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway
  4. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (FOB) - 2024

The average export price for carbonaceous pastes for electrodes and furnace linings stood at $1,406 per ton in February 2024, falling by -8.4% against the previous month. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 5.2% m-o-m. Over the period under review, the average export prices attained the maximum at $1,781 per ton in February 2023; however, from March 2023 to February 2024, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In February 2024, the countries with the highest prices were Iceland ($1,605 per ton) and Indonesia ($1,549 per ton), while the average price for exports to Malaysia ($1,145 per ton) and the United States ($1,376 per ton) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.7%), while the prices for the other major destinations experienced a decline.

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (CIF) - 2024

In February 2024, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $1,277 per ton, leveling off at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 6.2% against the previous month. The import price peaked at $1,431 per ton in June 2023; however, from July 2023 to February 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($2,006 per ton), while the price for Germany ($1,218 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+0.2%), while the prices for the other major suppliers experienced a decline.

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway

Exports of carbonaceous pastes for electrodes and furnace linings from Norway dropped dramatically to 59K tons in 2022, falling by -16.9% against the previous year. Over the period under review, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 71K tons, and then shrank notably in the following year.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings soared to $84M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.03.46.112.220.3%
Indonesia6.76.96.711.519.7%
Sweden3.43.13.67.932.4%
Australia0.71.01.66.3108.0%
Finland3.33.13.65.921.4%
Canada2.53.43.95.832.4%
New Caledonia2.32.42.14.525.1%
Iceland3.44.03.13.94.7%
Saudi Arabia0.8N/A0.53.258.7%
Gabon2.00.91.53.014.5%
South Korea1.31.75.73.032.1%
India4.23.64.12.8-12.6%
MalaysiaN/A1.00.61.730.4%
Others16.213.717.812.1-9.3%
Total53.948.160.883.715.8%

Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from Norway in 2022:

  1. United States (8.2K tons)
  2. Indonesia (7.6K tons)
  3. Sweden (5.0K tons)
  4. Canada (4.2K tons)
  5. Finland (4.0K tons)
  6. Gabon (3.8K tons)
  7. Australia (3.4K tons)
  8. Iceland (3.1K tons)
  9. New Caledonia (2.9K tons)
  10. India (2.4K tons)
  11. Saudi Arabia (2.0K tons)
  12. South Korea (1.9K tons)
  13. Malaysia (1.4K tons)

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway

In 2022, the amount of carbonaceous pastes for electrodes and furnace linings imported into Norway expanded remarkably to 22K tons, increasing by 5.3% compared with the previous year's figure. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings surged to $25M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonaceous Pastes for Electrodes and Furnace Linings in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.68.79.615.818.1%
Poland3.92.24.14.97.9%
Slovakia3.32.23.13.41.0%
France0.30.20.40.838.7%
SpainN/A1.60.2N/A-87.5%
Others0.20.10.20.644.2%
Total17.414.917.625.513.6%

Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to Norway in 2022:

  1. Germany (13.6K tons)
  2. Poland (4.0K tons)
  3. Slovakia (3.4K tons)
  4. France (0.5K tons)

Source: IndexBox Market Intelligence Platform

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