Ireland: Carbon Electrode Market 2024

Carbon Electrode Market Size in Ireland

In 2022, after two years of decline, there was significant growth in the Irish carbon electrode market, when its value increased by X% to $X. Overall, consumption, however, showed a deep setback. Carbon electrode consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Carbon Electrode Exports

Exports from Ireland

In 2022, exports of carbon electrodes from Ireland declined significantly to X kg, which is down by X% compared with the previous year. Overall, exports showed a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbon electrode exports shrank remarkably to $X in 2022. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X kg) was the main destination for carbon electrode exports from Ireland, with a X% share of total exports. Moreover, carbon electrode exports to Japan exceeded the volume sent to the second major destination, the United States (X kg), twofold. Israel (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Israel (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for carbon electrodes exports from Ireland, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average carbon electrode export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price continues to indicate measured growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X,200 per ton), while the average price for exports to the UK ($X 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 the United States (X%), while the prices for the other major destinations experienced a decline.

Carbon Electrode Imports

Imports into Ireland

In 2022, purchases abroad of carbon electrodes decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carbon electrode imports soared to $X in 2022. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest carbon electrode supplier to Ireland, with a X% share of total imports. Moreover, carbon electrode imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X kg), eightfold. The UK (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

In value terms, the United States ($X) constituted the largest supplier of carbon electrodes to Ireland, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average carbon electrode import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform