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World - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2025

World - Carbon Electrodes For Furnaces - Market Analysis, Forecast, Size, Trends And Insights

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Oct 22, 2024

The Largest Import Markets for Furnace Carbon Electrode

In today's global economy, the demand for furnace carbon electrodes is on the rise as industries seek to improve their production processes and reduce costs. Furnace carbon electrodes are essential components in the production of steel, aluminum, and other metals. As such, countries around the world are importing these electrodes in large quantities to meet the needs of their industries.

According to data from the IndexBox market intelligence platform, the top-10 countries by import value of furnace carbon electrode in 2023 are as follows:

  1. Iceland - $326.7 million
  2. United States - $289.6 million
  3. Iran - $269.7 million
  4. South Korea - $226.4 million
  5. Russia - $197.7 million
  6. Italy - $168.4 million
  7. Turkey - $123.5 million
  8. Germany - $99.0 million
  9. Canada - $88.1 million
  10. Taiwan (Chinese) - $84.8 million

These countries are major players in the global market for furnace carbon electrodes, importing significant quantities to support their industrial sectors. Let's take a closer look at some of the key statistics and trends in these import markets.

1. Iceland

With an import value of $326.7 million in 2023, Iceland is one of the top importers of furnace carbon electrodes in the world. The country's strong industrial sector relies heavily on these electrodes for the production of metals, particularly aluminum and steel.

2. United States

The United States is another major importer of furnace carbon electrodes, with an import value of $289.6 million in 2023. The country's diverse industrial base and large manufacturing sector drive the demand for these electrodes.

3. Iran

Iran follows closely behind the United States, with an import value of $269.7 million in 2023. The country's steel and aluminum industries are key consumers of furnace carbon electrodes.

4. South Korea

South Korea is a significant importer of furnace carbon electrodes, with an import value of $226.4 million in 2023. The country's advanced manufacturing sector relies on these electrodes for the production of high-quality metals.

5. Russia

Russia imports $197.7 million worth of furnace carbon electrodes in 2023, supporting its metal production industry. The country's steel and aluminum sectors are major consumers of these electrodes.

6. Italy

Italy's import value for furnace carbon electrodes stands at $168.4 million in 2023, driven by the country's strong metal manufacturing sector. These electrodes are essential for the production of aluminum and steel in Italy.

7. Turkey

Turkey imports $123.5 million worth of furnace carbon electrodes in 2023, supporting its diverse industrial base. The country's steel, aluminum, and other metal manufacturing industries rely on these electrodes.

8. Germany

Germany is another major importer of furnace carbon electrodes, with an import value of $99.0 million in 2023. The country's advanced manufacturing sector and strong demand for high-quality metals drive the import of these electrodes.

9. Canada

Canada imports $88.1 million worth of furnace carbon electrodes in 2023, supporting its mining and metal production industries. The country's diverse industrial base relies on these electrodes for the production of metals such as aluminum and steel.

10. Taiwan (Chinese)

Rounding out the top-10 import markets for furnace carbon electrodes is Taiwan (Chinese), with an import value of $84.8 million in 2023. The country's steel and electronics industries are major consumers of these electrodes.

Overall, these countries are key players in the global market for furnace carbon electrodes, importing significant quantities to support their industrial sectors. As industries continue to expand and modernize, the demand for these electrodes is expected to grow, further driving the import market. For more insights and data on global import markets, be sure to check out the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global furnace carbon electrode market. 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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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