Austria: Carbon Electrode Market 2024

Carbon Electrode Market Size in Austria

The Austrian carbon electrode market shrank sharply to $X in 2022, waning by -21.3% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +14.8% against 2020 indices. Carbon electrode consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Carbon Electrode Production in Austria

In value terms, carbon electrode production declined remarkably to $X in 2022 estimated in export price. Overall, production recorded a deep contraction. The growth pace was the most rapid in 2021 when the production volume increased by 44%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Carbon Electrode Exports

Exports from Austria

In 2022, overseas shipments of carbon electrodes increased by 275% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, faced a sharp downturn. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, carbon electrode exports surged to $X in 2022. Overall, exports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2018 with an increase of 229% 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

Germany (X tons) was the main destination for carbon electrode exports from Austria, accounting for a 85% share of total exports. Moreover, carbon electrode exports to Germany exceeded the volume sent to the second major destination, Luxembourg (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+85.3% per year) and the United States (-26.4% per year).

In value terms, Germany ($X), Luxembourg ($X) and the United States ($X) were the largest markets for carbon electrode exported from Austria worldwide, together accounting for 89% of total exports.

Luxembourg, with a CAGR of +134.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average carbon electrode export price amounted to $X per ton, waning by -13% against the previous year. Overall, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 1,032% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.

Carbon Electrode Imports

Imports into Austria

In 2022, approx. X tons of carbon electrodes were imported into Austria; shrinking by -40% on the previous year. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2017 when imports increased by 88%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, carbon electrode imports declined to $X in 2022. In general, imports showed a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 161% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of carbon electrode to Austria, accounting for a 49% share of total imports. Moreover, carbon electrode imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+18.3% per year) and France (+7.9% per year).

In value terms, the largest carbon electrode suppliers to Austria were Germany ($X), France ($X) and the Czech Republic ($X), with a combined 64% share of total imports. China, Italy, Russia, Poland and India lagged somewhat behind, together comprising a further 12%.

Italy, with a CAGR of +62.1%, saw 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.

Import Prices by Country

In 2022, the average carbon electrode import price amounted to $X per ton, surging by 62% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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