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Qatar - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQatar Sees Major Drop in Carbon Electrode Imports, Plummeting to $21M in 2023
Qatar Carbon Electrode Imports
After three years of growth, purchases abroad of carbon electrodes decreased by -25.8% to 6.1K tons in 2023. Over the period under review, imports showed a mild reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 104%. As a result, imports attained the peak of 11K tons. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, carbon electrode imports declined significantly to $21M (IndexBox estimates) in 2023. Overall, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2018 when imports increased by 155% against the previous year. As a result, imports attained the peak of $58M. From 2019 to 2023, the growth of imports remained at a lower figure.
COUNTRY | Import Value of Carbon Electrode in Qatar (million USD) | ||||||||||
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2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Poland | N/A | N/A | 6.7 | 7.9 | 7.2 | 0.4 | 1.9 | 7.5 | 12.8 | 15.2 | 8.1 |
China | N/A | 0.7 | 3.9 | 1.0 | 2.8 | 4.7 | 0.7 | 1.5 | 2.4 | 2.9 | 7.9 |
Japan | 14.9 | 6.0 | 8.8 | 6.3 | 2.7 | 20.5 | 1.6 | 3.1 | 2.1 | 2.4 | 3.2 |
India | 1.1 | 5.7 | 4.7 | 1.8 | 6.0 | 21.0 | 18.2 | 3.9 | 3.2 | 6.2 | 0.9 |
Malaysia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.5 | N/A | 0.7 |
United Arab Emirates | 8.8 | 3.5 | 2.3 | 0.1 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
France | N/A | 1.7 | 5.8 | 4.2 | 2.6 | N/A | 1.0 | 5.1 | 0.9 | N/A | N/A |
Spain | 5.7 | 4.4 | 2.8 | 3.9 | 1.6 | 11.8 | N/A | 0.3 | N/A | N/A | N/A |
Others | 0.4 | 0.3 | 0.4 | 0.3 | 0.1 | N/A | 0.1 | 0.5 | 0.9 | 1.8 | 0.3 |
Total | 30.9 | 22.2 | 35.5 | 25.6 | 22.9 | 58.4 | 23.5 | 21.8 | 23.7 | 28.6 | 21.0 |
Imports by Country
In 2023, China (3.6K tons) constituted the largest supplier of carbon electrode to Qatar, accounting for a 59% share of total imports. Moreover, carbon electrode imports from China exceeded the figures recorded by the second-largest supplier, Poland (1.3K tons), threefold. The third position in this ranking was held by Japan (555 tons), with a 9.2% share.
From 2013 to 2023, the average annual growth rate of volume from China totaled +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-7.9% per year) and Japan (-14.9% per year).
In value terms, the largest carbon electrode suppliers to Qatar were Poland ($8.1M), China ($7.9M) and Japan ($3.2M), together accounting for 91% of total imports.
China, with a CAGR of +31.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Imports by Type
Carbon electrodes not for furnaces (3.9K tons) and carbon electrodes for furnaces (2.1K tons) were the main products of carbon electrode imports to Qatar.
From 2013 to 2023, the biggest increases were recorded for carbon electrodes not for furnaces (with a CAGR of +103.2%).
In value terms, carbon electrodes not for furnaces ($12M) and carbon electrodes for furnaces ($9.1M) constituted the most imported types of carbon electrodes in Qatar.
Import Prices by Country
In 2023, the carbon electrode price amounted to $3,466 per ton (CIF, Qatar), remaining constant against the previous year. Overall, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 an increase of 355%. As a result, import price attained the peak level of $10,891 per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Poland ($6,114 per ton), while the price for the Netherlands ($482 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+87.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the carbon electrode market in Qatar. 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:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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 Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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 Of Destination, 2012–2024