Price for Carbonaceous Pastes for Electrodes and Furnace Linings in the UK - 2024

Contents:

1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in the UK (FOB) - 2024
2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in the UK (CIF) - 2022
3. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in the UK
4. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in the UK

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

The average export price for carbonaceous pastes for electrodes and furnace linings stood at $2,418 per ton in January 2024, declining by -10.6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 128% month-to-month. The export price peaked at $2,901 per ton in July 2023; however, from August 2023 to January 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($2,627 per ton), while the average price for exports to New Zealand ($1,507 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in the UK (CIF) - 2022

In 2022, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $1,465 per ton, with a decrease of -44.2% against the previous year. Over the period under review, the import price saw a deep setback. The growth pace was the most rapid in 2014 when the average import price increased by 1,347%. As a result, import price attained the peak level of $25,118 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,205 per ton), while the price for China ($1,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in the UK

After three years of growth, shipments abroad of carbonaceous pastes for electrodes and furnace linings decreased by -21.5% to 5.3K tons in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 92% against the previous year. As a result, the exports reached the peak of 6.8K tons, and then reduced notably in the following year.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings shrank to $12M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 107% against the previous year. As a result, the exports reached the peak of $13M, and then dropped in the following year.

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

1. India (2017.1 tons)
2. Argentina (1203.2 tons)
3. United Arab Emirates (975.6 tons)
4. Australia (286.4 tons)
5. Ghana (170.0 tons)
6. United States (157.3 tons)
7. Saudi Arabia (140.0 tons)
8. Canada (100.8 tons)
9. New Zealand (80.0 tons)
10. Iceland (49.0 tons)
11. Qatar (20.0 tons)

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in the UK

In 2022, imports of carbonaceous pastes for electrodes and furnace linings into the UK surged to 2.5K tons, with an increase of 502% against 2021 figures. Overall, imports recorded 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 soared to $3.7M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (2467.7 tons)
2. France (24.5 tons)

Source: IndexBox Market Intelligence Platform