Mexico - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarbon Electrode Price in Mexico Drops by 23% to $4,660 per Ton
Mexico Carbon Electrode Import Price in June 2023
In June 2023, the carbon electrode price stood at $4,660 per ton (CIF, Mexico), dropping by -23.2% against the previous month. Over the period under review, the import price recorded a mild setback. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 33% month-to-month. The import price peaked at $6,614 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,875 per ton), while the price for China totaled $3,737 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Carbon Electrode in Mexico (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 8,209 | 8,848 | 7,529 | 8,678 | 8,109 | 7,684 | 7,769 | 6,639 | 8,236 | 7,984 | 10,586 | 8,157 | 8,875 |
| China | 4,928 | 4,708 | 4,575 | 4,707 | 4,837 | 4,712 | 4,103 | 3,881 | 3,922 | 3,770 | 4,095 | 3,837 | 3,737 |
| India | 6,063 | 4,970 | N/A | 4,780 | N/A | N/A | N/A | N/A | N/A | 5,171 | 4,123 | N/A | N/A |
| Average | 5,878 | 5,381 | 5,477 | 5,392 | 6,614 | 6,273 | 5,386 | 4,748 | 5,509 | 5,039 | 4,576 | 6,065 | 4,660 |
Mexico Carbon Electrode Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was carbon electrodes not for furnaces ($8,464 per ton), while the price for carbon electrodes for furnaces totaled $4,436 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by furnace carbon electrode (-1.8%).
Mexico Carbon Electrode Imports
Carbon electrode imports into Mexico surged to 1.7K tons in June 2023, with an increase of 44% on the previous month's figure. In general, imports showed a temperate increase. The pace of growth appeared the most rapid in November 2022 when imports increased by 127% m-o-m. As a result, imports attained the peak of 2.5K tons. From December 2022 to June 2023, the growth of imports remained at a lower figure.
In value terms, carbon electrode imports expanded significantly to $8.1M (IndexBox estimates) in June 2023. Over the period under review, imports continue to indicate noticeable growth. The pace of growth appeared the most rapid in November 2022 when imports increased by 115% m-o-m. As a result, imports reached the peak of $16M. From December 2022 to June 2023, the growth of imports failed to regain momentum.
Mexico Carbon Electrode Imports by Type
In June 2023, carbon electrodes for furnaces (1.6K tons) was the main type of carbon electrode supplied to Mexico, with a 94% share of total imports. Moreover, carbon electrodes for furnaces exceeded the figures recorded for the second-largest type, carbon electrodes not for furnaces (97 tons), more than tenfold.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of carbon electrodes for furnaces amounted to +4.0%.
In value terms, carbon electrodes for furnaces ($7.3M) constituted the largest type of carbon electrode supplied to Mexico, comprising 90% of total imports. The second position in the ranking was held by carbon electrodes not for furnaces ($822K), with a 10% share of total imports.
Mexico Carbon Electrode Imports by Country
In June 2023, China (1.5K tons) constituted the largest supplier of carbon electrode to Mexico, accounting for a 85% share of total imports. Moreover, carbon electrode imports from China exceeded the figures recorded by the second-largest supplier, the United States (262 tons), sixfold.
From June 2022 to June 2023, the average monthly rate of growth in terms of volume from China amounted to +8.2%.
In value terms, China ($5.5M) constituted the largest supplier of carbon electrode to Mexico, comprising 68% of total imports. The second position in the ranking was taken by the United States ($2.3M), with a 29% share of total imports.
From June 2022 to June 2023, the average monthly rate of growth in terms of value from China stood at +5.7%.
This report provides an in-depth analysis of the carbon electrode market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
