Report Update Jan 1, 2025

Ecuador - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Carbon Electrode Market 2025

Carbon Electrode Market Size in Ecuador

The Ecuadorian carbon electrode market shrank dramatically to $X in 2022, reducing by -28.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Carbon Electrode Exports

Exports from Ecuador

In 2022, overseas shipments of carbon electrodes were finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 181,632% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, carbon electrode exports soared to $X in 2022. Overall, exports, however, faced a abrupt slump. The growth pace was the most rapid in 2015 when exports increased by 42,418%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X tons) was the main destination for carbon electrode exports from Ecuador, with a 99.9% share of total exports. It was followed by Peru (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Colombia amounted to +125.8%.

In value terms, Colombia ($X) emerged as the key foreign market for carbon electrodes exports from Ecuador, comprising 100% of total exports. The second position in the ranking was held by Peru ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Colombia amounted to +126.3%.

Export Prices by Country

The average carbon electrode export price stood at $X per ton in 2022, picking up by 11% against the previous year. Overall, the export price, however, recorded a deep contraction. The growth pace was the most rapid in 2013 an increase of 233%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Peru totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.2%).

Carbon Electrode Imports

Imports into Ecuador

In 2022, the amount of carbon electrodes imported into Ecuador reduced rapidly to X tons, declining by -26.1% on the previous year's figure. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 458%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, carbon electrode imports fell rapidly to $X in 2022. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 360%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest carbon electrode supplier to Ecuador, accounting for a 60% share of total imports. Moreover, carbon electrode imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+10.5% per year) and Austria (+14.9% per year).

In value terms, China ($X), Mexico ($X) and Austria ($X) were the largest carbon electrode suppliers to Ecuador, with a combined 86% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +14.0%, saw the highest rates of growth with regard to 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

The average carbon electrode import price stood at $X per ton in 2022, falling by -2.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 29%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+3.2%), 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 in the world?

The countries with the highest volumes of in 2021 were China, Russia and Canada, with a combined 47% share of global consumption. These countries were followed by the United States, Iceland, India, the United Arab Emirates, Indonesia, Japan, Norway and Sweden, which together accounted for a further 31%.

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

China constituted the country with the largest volume of carbon electrode production, comprising approx. 41% of total volume. Moreover, carbon electrode production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of carbon electrodes to Ecuador?

In value terms, China constituted the largest supplier of carbon electrode to Ecuador, comprising 90% of total imports. The second position in the ranking was occupied by the United States, with a 7.2% share of total imports.

What is the average export price for carbon electrodes in Ecuador?

In 2021, the average carbon electrode export price amounted to $2,297 per ton, reducing by -95.8% against the previous year.

What is the average import price for carbon electrodes in Ecuador?

The average carbon electrode import price stood at $2,154 per ton in 2021, which is down by -19.9% against the previous year.

This report provides an in-depth analysis of the carbon electrode market in Ecuador. 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
Prodcom 27901350 - Carbon electrodes (excluding for furnaces)

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024