Europe: Market for Carbon Electrodes Not For Furnaces 2025

Market Size for Carbon Electrodes Not For Furnaces in Europe

The Europe market for carbon electrodes not for furnaces dropped slightly to $X in 2022, waning by X% against the previous year. In general, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Carbon Electrodes Not For Furnaces in Europe

In value terms, carbon electrode not for furnaces production declined to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports in Europe

In 2022, shipments abroad of carbon electrodes not for furnaces increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, carbon electrode not for furnaces exports fell remarkably to $X in 2022. Over the period under review, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Norway was the largest exporter of carbon electrodes not for furnaces in Europe, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Iceland (X tons), Poland (X tons) and France (X tons), together constituting a X% share of total exports. Russia (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to carbon electrode not for furnaces exports from Norway stood at X%. At the same time, Poland (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Iceland experienced a relatively flat trend pattern. By contrast, France (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iceland and Poland increased by X and X percentage points, respectively.

In value terms, the largest carbon electrode not for furnaces supplying countries in Europe were Poland ($X), Norway ($X) and France ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, shrinking by X% against the previous year. In general, the export price showed a drastic downturn. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Imports of Carbon Electrodes Not For Furnaces

Imports in Europe

In 2022, the amount of carbon electrodes not for furnaces imported in Europe skyrocketed to X tons, with an increase of X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbon electrode not for furnaces imports soared to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of carbon electrode not for furnaces imports in 2022 were Norway (X tons), Iceland (X tons) and Russia (X tons), together finishing at X% of total import. It was distantly followed by Sweden (X tons), committing a X% share of total imports. Greece (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iceland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constitutes the largest market for imported carbon electrodes not for furnaces in Europe, comprising X% of total imports. The second position in the ranking was taken by Iceland ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In Norway, carbon electrode not for furnaces imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Iceland (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated perceptible 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. Based on 2022 figures, carbon electrode not for furnaces import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform