Belgium: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Belgium

The Belgian furnace carbon electrode market shrank markedly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, posted modest growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Furnace Carbon Electrode Production in Belgium

In value terms, furnace carbon electrode production fell significantly to $X in 2022 estimated in export price. Overall, production recorded a sharp curtailment. The pace of growth was the most pronounced in 2019 when the production volume decreased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Furnace Carbon Electrode Exports

Exports from Belgium

After two years of growth, overseas shipments of carbon electrodes for furnaces decreased by X% to X tons in 2022. In general, exports showed a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, furnace carbon electrode exports reduced notably to $X in 2022. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of furnace carbon electrode exports from Belgium, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Democratic Republic of the Congo ($X), Germany ($X) and the UK ($X) appeared to be the largest markets for furnace carbon electrode exported from Belgium worldwide, with a combined X% share of total exports.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of 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 furnace carbon electrode export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Germany ($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 Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced a decline.

Furnace Carbon Electrode Imports

Imports into Belgium

In 2022, furnace carbon electrode imports into Belgium dropped dramatically to X tons, shrinking by X% compared with the year before. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, furnace carbon electrode imports contracted dramatically to $X in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Luxembourg (X tons), Spain (X tons) and France (X tons) were the main suppliers of furnace carbon electrode imports to Belgium, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Luxembourg ($X) constituted the largest furnace carbon electrode suppliers to Belgium, together comprising X% of total imports.

In terms of the main suppliers, Luxembourg, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 furnace carbon electrode import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price showed a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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