Asia-Pacific: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Asia-Pacific

The Asia-Pacific furnace carbon electrode market fell to $X in 2022, standing approx. at the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Furnace Carbon Electrode Production in Asia-Pacific

In value terms, furnace carbon electrode production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Furnace Carbon Electrode Exports

Exports in Asia-Pacific

In 2022, approx. X tons of carbon electrodes for furnaces were exported in Asia-Pacific; waning by X% on the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, furnace carbon electrode exports rose significantly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China represented the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by India (X tons) and Japan (X tons), together constituting a X% share of total exports. Malaysia (X tons) held a minor share of total exports.

China was also the fastest-growing in terms of the carbon electrodes for furnaces exports, with a CAGR of X% from 2012 to 2022. Malaysia and India experienced a relatively flat trend pattern. Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest furnace carbon electrode supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, furnace carbon electrode exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in India ($X per ton) and Japan ($X per ton), while China ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Furnace Carbon Electrode Imports

Imports in Asia-Pacific

In 2022, approx. X tons of carbon electrodes for furnaces were imported in Asia-Pacific; declining by X% against the previous year. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, furnace carbon electrode imports declined modestly to $X in 2022. Over the period under review, imports showed a slight downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X tons), distantly followed by Taiwan (Chinese) (X tons), Japan (X tons), Vietnam (X tons), Thailand (X tons), India (X tons), Indonesia (X tons) and Australia (X tons) were the major importers of carbon electrodes for furnaces, together mixing up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, South Korea ($X) constitutes the largest market for imported carbon electrodes for furnaces in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Korea amounted to X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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