South-Eastern Asia: Carbon Electrode Market 2024

Carbon Electrode Market Size in South-Eastern Asia

In 2022, the Southeast Asian carbon electrode market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a slight slump. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Carbon Electrode Production in South-Eastern Asia

In value terms, carbon electrode production declined to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Carbon Electrode Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of carbon electrodes increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports recorded tangible growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, carbon electrode exports surged to $X in 2022. In general, exports saw noticeable growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Indonesia (X tons), committing an X% share of total exports. Singapore (X tons) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the carbon electrodes exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) and Indonesia (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest carbon electrode supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the export price figures.

Carbon Electrode Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of carbon electrodes increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, carbon electrode imports soared to $X in 2022. Overall, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X tons), Thailand (X tons), Vietnam (X tons) and Malaysia (X tons) represented the major importer of carbon electrodes in South-Eastern Asia, comprising X% of total import. It was distantly followed by the Philippines (X tons), comprising a X% share of total imports. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Malaysia, the Philippines and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform