
Canada - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada's Import of Carbon Electrode Declines Significantly to $33M in September 2023
Canada Carbon Electrode Imports
Carbon electrode imports into Canada reduced markedly to 30K tons in September 2023, waning by -38.3% compared with the previous month's figure. Over the period under review, imports recorded a slight decrease. The growth pace was the most rapid in August 2023 when imports increased by 689% against the previous month. As a result, imports attained the peak of 49K tons, and then dropped rapidly in the following month.
In value terms, carbon electrode imports declined markedly to $33M (IndexBox estimates) in September 2023. Overall, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in August 2023 when imports increased by 165% against the previous month.
COUNTRY | Import Value of Carbon Electrode in Canada (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
China | 38.4 | 27.6 | 37.1 | 31.7 | 51.2 | 27.7 | 33.5 | 24.2 | 34.0 | 45.1 | 5.2 | 39.0 | 22.2 |
Others | 8.4 | 16.4 | 13.9 | 14.6 | 19.2 | 8.2 | 12.4 | 8.9 | 15.1 | 13.1 | 18.4 | 23.5 | 10.5 |
Total | 46.8 | 44.0 | 51.0 | 46.2 | 70.4 | 35.8 | 45.8 | 33.1 | 49.1 | 58.2 | 23.6 | 62.5 | 32.7 |
Imports by Country
In September 2023, China (28K tons) was the main supplier of carbon electrode to Canada, with a approximately 93% share of total imports.
From September 2022 to September 2023, the average monthly rate of growth in terms of volume from China was relatively modest.
In value terms, China ($22M) constituted the largest supplier of carbon electrode to Canada.
From September 2022 to September 2023, the average monthly rate of growth in terms of value from China amounted to -4.5%.
Imports by Type
In September 2023, carbon electrodes not for furnaces (29K tons) was the main type of carbon electrode supplied to Canada, accounting for a 96% share of total imports. Moreover, carbon electrodes not for furnaces exceeded the figures recorded for the second-largest type, carbon electrodes for furnaces (1.2K tons), more than tenfold.
From September 2022 to September 2023, the average monthly growth rate of the volume of import of carbon electrodes not for furnaces totaled +1.0%.
In value terms, carbon electrodes not for furnaces ($27M) constituted the largest type of carbon electrode supplied to Canada, comprising 84% of total imports. The second position in the ranking was held by carbon electrodes for furnaces ($5.2M), with a 16% share of total imports.
Import Prices by Country
In September 2023, the carbon electrode price stood at $1,088 per ton (CIF, Canada), falling by -15.1% against the previous month. In general, the import price showed a slight downturn. The growth pace was the most rapid in July 2023 when the average import price increased by 190% month-to-month. As a result, import price attained the peak level of $3,815 per ton. From August 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($5,141 per ton), while the price for China stood at $791 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (-0.8%).
This report provides an in-depth analysis of the carbon electrode market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27901330 - Carbon electrodes for furnaces
- Prodcom 27901350 - Carbon electrodes (excluding for furnaces)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024