Belgium: Market for Carbon Electrodes Not For Furnaces 2024

Market Size for Carbon Electrodes Not For Furnaces in Belgium

In 2022, the Belgian market for carbon electrodes not for furnaces decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a precipitous shrinkage. Carbon electrode not for furnaces consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Carbon Electrodes Not For Furnaces in Belgium

In value terms, carbon electrode not for furnaces production contracted significantly to $X in 2022 estimated in export price. Over the period under review, production showed a sharp downturn. Carbon electrode not for furnaces production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports from Belgium

After four years of growth, shipments abroad of carbon electrodes not for furnaces decreased by X% to X tons in 2022. Overall, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, carbon electrode not for furnaces exports fell notably to $X in 2022. Over the period under review, exports continue to indicate a sharp descent. 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 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main destinations of carbon electrode not for furnaces exports from Belgium, together comprising X% of total exports. Israel, Switzerland, Chile and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and China ($X) appeared to be the largest markets for carbon electrode not for furnaces exported from Belgium worldwide, with a combined X% share of total exports. Israel, Chile, Finland and Switzerland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for carbon electrodes not for furnaces amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price recorded strong growth. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Switzerland ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbon Electrodes Not For Furnaces

Imports into Belgium

After two years of growth, overseas purchases of carbon electrodes not for furnaces decreased by X% to X tons in 2022. Overall, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, carbon electrode not for furnaces imports dropped sharply to $X in 2022. Over the period under review, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest carbon electrode not for furnaces supplier to Belgium, with a X% share of total imports. Moreover, carbon electrode not for furnaces imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of carbon electrodes not for furnaces to Belgium, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average import price for carbon electrodes not for furnaces stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for the Czech Republic ($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 a decline.

Source: IndexBox Platform

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