Price for Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa - 2024
Contents:
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa (FOB) - 2024
- Price for Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa (CIF) - 2024
- Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa
- Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa (FOB) - 2024
In January 2024, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $1,272 per ton, approximately reflecting the previous month. Overall, the export price recorded a mild contraction. The pace of growth appeared the most rapid in September 2023 an increase of 6.5% month-to-month. Over the period under review, the average export prices attained the maximum at $1,497 per ton in April 2023; however, from May 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In January 2024, the countries with the highest prices were Australia ($1,479 per ton) and Zambia ($1,268 per ton), while the average price for exports to Democratic Republic of the Congo ($1,073 per ton) and Zimbabwe ($1,108 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.8%), while the prices for the other major destinations experienced a decline.
Price for Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa (CIF) - 2024
In January 2024, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $2,478 per ton, growing by 56% against the previous month. Overall, the import price continues to indicate a perceptible increase. The pace of growth was the most pronounced in April 2023 an increase of 184% month-to-month. The import price peaked at $2,485 per ton in November 2023; afterwards, it flattened through to January 2024.
As there is only one major supplying country, the average price level is determined by prices for France.
From January 2023 to January 2024, the rate of growth in terms of prices for Poland amounted to +3.1% per month.
Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa
In 2022, exports of carbonaceous pastes for electrodes and furnace linings from South Africa totaled 21K tons, with an increase of 7.4% on the year before. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.7% 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 +53.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of carbonaceous pastes for electrodes and furnace linings soared to $25M in 2022. In general, exports showed significant growth. 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 2.6 | 2.3 | 4.6 | 5.5 | 28.4% |
| Zimbabwe | 2.4 | 0.7 | 2.2 | 4.8 | 26.0% |
| South Korea | 3.0 | 2.2 | 2.0 | 3.6 | 6.3% |
| Malaysia | N/A | 0.4 | 2.5 | 3.3 | 187.2% |
| United States | N/A | 1.0 | 0.6 | 3.0 | 73.2% |
| Australia | 1.9 | 3.0 | 2.8 | 2.5 | 9.6% |
| Democratic Republic of the Congo | 0.5 | 0.3 | 0.3 | 0.9 | 21.6% |
| Georgia | 0.4 | 0.1 | 0.4 | 0.6 | 14.5% |
| Others | 3.1 | 3.7 | 0.2 | 0.7 | -39.1% |
| Total | 13.9 | 13.7 | 15.7 | 25.0 | 21.6% |
Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from South Africa in 2022:
- Zambia (4.8K tons)
- Zimbabwe (4.0K tons)
- Malaysia (3.3K tons)
- South Korea (2.7K tons)
- Australia (2.3K tons)
- United States (1.8K tons)
- Georgia (0.7K tons)
- Democratic Republic of the Congo (0.7K tons)
Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa
For the fourth year in a row, South Africa recorded growth in supplies from abroad of carbonaceous pastes for electrodes and furnace linings, which increased by 157% to 1.8K tons in 2022. In general, imports enjoyed a significant increase. 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 skyrocketed to $2.5M in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonaceous Pastes for Electrodes and Furnace Linings in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 946 | 0% |
| France | 490 | 527 | 912 | 506 | 1.1% |
| Zimbabwe | N/A | N/A | N/A | 423 | 0% |
| Poland | 126 | 399 | 51.3 | 340 | 39.2% |
| Others | 20.0 | 9.8 | 18.3 | 253 | 133.0% |
| Total | 636 | 936 | 981 | 2,467 | 57.1% |
Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to South Africa in 2022:
- Zimbabwe (832.7 tons)
- China (351.9 tons)
- France (331.2 tons)
- Poland (187.5 tons)
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