Canada: Carbon Electrode Market 2025

Carbon Electrode Market Size in Canada

The Canadian carbon electrode market amounted to $X in 2022, surging by 11% against the previous year. Over the period under review, the total consumption indicated measured growth 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 +12.6% against 2017 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Carbon Electrode Production in Canada

In value terms, carbon electrode production rose slightly to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 15%. Carbon electrode production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Carbon Electrode Exports

Exports from Canada

For the third consecutive year, Canada recorded growth in overseas shipments of carbon electrodes, which increased by 88% to X tons in 2022. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 529%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, carbon electrode exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2018 when exports increased by 649%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), the United States (X tons) and France (X tons) were the main destinations of carbon electrode exports from Canada, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +56.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), the Netherlands ($X) and France ($X) appeared to be the largest markets for carbon electrode exported from Canada worldwide, with a combined 97% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +45.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average carbon electrode export price stood at $X per ton in 2022, reducing by -28.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the average price for exports to the Netherlands ($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 France (-3.6%), while the prices for the other major destinations experienced a decline.

Carbon Electrode Imports

Imports into Canada

In 2022, purchases abroad of carbon electrodes increased by 41% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 61%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, carbon electrode imports surged to $X in 2022. In general, imports showed prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 103%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of carbon electrode imports to Canada, together comprising 68% of total imports. France, Poland, Mexico, Spain and the Netherlands lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +109.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of carbon electrodes to Canada, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with an 8.1% share of total imports. It was followed by Japan, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-11.0% per year) and Japan (+2.0% per year).

Import Prices by Country

The average carbon electrode import price stood at $X per ton in 2022, rising by 2.2% against the previous year. In general, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 an increase of 77%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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