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South Africa - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

South Africa - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights

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Oct 27, 2023

Sharp Decline in South Africa's Carbon Electrode Import Reaches $5.5M by July 2023

South Africa Carbon Electrode Imports

After two months of growth, purchases abroad of carbon electrodes decreased by -14.8% to 1.3K tons in July 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 with an increase of 76% m-o-m.

In value terms, carbon electrode imports fell rapidly to $5.5M (IndexBox estimates) in July 2023. In general, imports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in June 2023 when imports increased by 106% m-o-m.South Africa Carbon Electrode Imports By Country (Million USD)

COUNTRYImport Value of Carbon Electrode in South Africa (million USD)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
Spain0.90.61.40.91.32.91.1N/A1.00.81.20.62.0
China2.84.04.81.42.42.42.02.91.71.41.44.21.8
India0.30.30.80.30.40.40.50.30.2N/A0.20.11.3
France0.30.40.40.20.4< 0.10.30.40.4< 0.10.40.50.4
MexicoN/A0.3N/AN/AN/AN/AN/AN/A0.8N/AN/A1.0N/A
Others< 0.10.3< 0.1< 0.10.1< 0.10.2< 0.1< 0.10.2< 0.10.2< 0.1
Total4.35.97.32.94.65.84.23.64.02.43.26.65.5

Imports by Country

China (442 tons), Spain (437 tons) and India (326 tons) were the main suppliers of carbon electrode imports to South Africa, with a combined 94% share of total imports.

From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +14.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest carbon electrode suppliers to South Africa were Spain ($2M), China ($1.8M) and India ($1.3M), with a combined 93% share of total imports.

India, with a CAGR of +14.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

In July 2023, carbon electrodes for furnaces (1.3K tons) was the main type of carbon electrode supplied to South Africa, with a 99.9% share of total imports. It was followed by carbon electrodes not for furnaces (222 kg), with less than 0.1% share of total imports.

From July 2022 to July 2023, the average monthly growth rate of the volume of import of carbon electrodes for furnaces amounted to +1.0%.

In value terms, carbon electrodes for furnaces ($5.5M) constituted the largest type of carbon electrode supplied to South Africa, comprising 100% of total imports. The second position in the ranking was held by carbon electrodes not for furnaces ($18K), with a 0.3% share of total imports.

Import Prices by Country

In July 2023, the carbon electrode price amounted to $4,282 per ton (CIF, South Africa), falling by -2.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 17% month-to-month. As a result, import price reached the peak level of $4,400 per ton, and then contracted slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were France ($4,902 per ton) and Spain ($4,474 per ton), while the price for India ($3,998 per ton) and China ($4,154 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carbon electrode market in South Africa. 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:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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