Costa Rica: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Costa Rica

The Costa Rican furnace carbon electrode market contracted slightly to $X in 2022, dropping by X% against the previous year. In general, consumption continues to indicate a remarkable increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Furnace Carbon Electrode Production in Costa Rica

In value terms, furnace carbon electrode production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Furnace Carbon Electrode Exports

Exports from Costa Rica

In 2022, overseas shipments of carbon electrodes for furnaces decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X kg in 2021, and then shrank dramatically in the following year.

In value terms, furnace carbon electrode exports dropped significantly to $X in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Guatemala (X kg) and Canada (X kg) were the main destinations of furnace carbon electrode exports from Costa Rica.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of X%).

In value terms, Canada ($X) emerged as the key foreign market for carbon electrodes for furnaces exports from Costa Rica, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled X%.

Export Prices by Country

In 2022, the average furnace carbon electrode export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Guatemala stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%).

Furnace Carbon Electrode Imports

Imports into Costa Rica

In 2022, purchases abroad of carbon electrodes for furnaces decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, furnace carbon electrode imports contracted notably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X tons) constituted the largest supplier of furnace carbon electrode to Costa Rica, with a X% share of total imports. Moreover, furnace carbon electrode imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X kg), sixfold. Japan (X kg) ranked third in terms of total imports with a X% share.

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

In value terms, Japan ($X), Colombia ($X) and China ($X) were the largest furnace carbon electrode suppliers to Costa Rica, together accounting for X% of total imports.

China, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

The average furnace carbon electrode import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Japan ($X per ton), while the price for Colombia ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform