Australia and Oceania: Carbon Electrode Market 2024

Carbon Electrode Market Size in Australia and Oceania

The carbon electrode market in Australia and Oceania reduced slightly to $X in 2022, falling by -2% against the previous year. Overall, consumption, however, recorded a mild contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Carbon Electrode Production in Australia and Oceania

In value terms, carbon electrode production dropped to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 38%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Carbon Electrode Exports

Exports in Australia and Oceania

Carbon electrode exports soared to X tons in 2022, growing by 90% against 2021. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 493% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, carbon electrode exports surged to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2016 when exports increased by 171%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, recording X tons, which was approx. 91% of total exports in 2022. It was distantly followed by New Zealand (X tons), committing a 9.1% share of total exports.

Australia was also the fastest-growing in terms of the carbon electrodes exports, with a CAGR of +5.9% from 2012 to 2022. At the same time, New Zealand (+2.2%) displayed positive paces of growth. While the share of Australia (+4.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-3.3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest carbon electrode supplier in Australia and Oceania, comprising 90% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 9.6% share of total exports.

In Australia, carbon electrode exports declined by an average annual rate of -2.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, increasing by 21% against the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by 232%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.1%).

Carbon Electrode Imports

Imports in Australia and Oceania

After three years of decline, supplies from abroad of carbon electrodes increased by 28% to X tons in 2022. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 80%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, carbon electrode imports surged to $X in 2022. Over the period under review, imports, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2018 with an increase of 137%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, recording X tons, which was approx. 89% of total imports in 2022. It was distantly followed by New Caledonia (X tons), comprising an 8.3% share of total imports. New Zealand (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to carbon electrode imports into Australia stood at -5.4%. At the same time, New Zealand (+37.8%) and New Caledonia (+4.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +37.8% from 2012-2022. While the share of New Caledonia (+5 p.p.) and New Zealand (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-7.8 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported carbon electrodes in Australia and Oceania, comprising 88% of total imports. The second position in the ranking was held by New Caledonia ($X), with a 9.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled -5.3%. In the other countries, the average annual rates were as follows: New Caledonia (+0.1% per year) and New Zealand (+15.1% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, surging by 2.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 32%. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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