Report Update Nov 1, 2024

Cuba - Carbon Electrodes for Furnaces - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Furnace Carbon Electrode Market 2024

Furnace Carbon Electrode Market Size in Cuba

In 2021, the Cuban furnace carbon electrode market decreased by -26.4% to $X, falling for the third consecutive year after two years of growth. In general, consumption faced a abrupt downturn. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Furnace Carbon Electrode Exports

Exports by Country

The Netherlands (X kg) was the main destination for furnace carbon electrode exports from Cuba, with a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2015 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Furnace Carbon Electrode Imports

Imports into Cuba

In 2021, purchases abroad of carbon electrodes for furnaces decreased by -18.3% to X tons, falling for the third consecutive year after two years of growth. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 72% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, furnace carbon electrode imports reduced sharply to $X in 2021. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 81%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of furnace carbon electrode to Cuba, with a 43% share of total imports. Moreover, furnace carbon electrode imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at -13.4%.

In value terms, Spain ($X) constituted the largest supplier of carbon electrodes for furnaces to Cuba, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -7.9%.

Import Prices by Country

In 2021, the average furnace carbon electrode import price amounted to $X per ton, shrinking by -12.2% against the previous year. In general, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 48% against the previous year. The import price peaked at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbon electrodes for furnaces in the world?

Iceland constituted the country with the largest volume of furnace carbon electrode consumption, comprising approx. 25% of total volume. Moreover, furnace carbon electrode consumption in Iceland exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of carbon electrodes for furnaces in the world?

China remains the largest furnace carbon electrode producing country worldwide, accounting for 41% of total volume. Moreover, furnace carbon electrode production in China exceeded the figures recorded by the second-largest producer, the Netherlands, fourfold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of carbon electrodes for furnaces to Cuba?

In value terms, Spain constituted the largest supplier of furnace carbon electrode to Cuba, comprising 94% of total imports. The second position in the ranking was occupied by Italy, with a 6.3% share of total imports.

What is the average export price for carbon electrodes for furnaces in Cuba?

In 2015, the average furnace carbon electrode export price amounted to $3,375 per ton, standing approx. at the previous year.

What is the average import price for carbon electrodes for furnaces in Cuba?

The average furnace carbon electrode import price stood at $8,668 per ton in 2021, waning by -10.7% against the previous year.

This report provides an in-depth analysis of the furnace carbon electrode market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27901330 - Carbon electrodes for furnaces

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023