Iceland: Carbon Electrode Market 2020

Carbon Electrode Market Size in Iceland

The revenue of the carbon electrode market in Iceland amounted to $X in 2018, picking up by X% 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). Overall, carbon electrode consumption, however, continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Iceland carbon electrode consumption peaked at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Carbon Electrode Exports

Exports from Iceland

In 2018, the amount of carbon electrodes exported from Iceland totaled X tons, shrinking by -X% against the previous year. Overall, carbon electrode exports continue to indicate a deep decrease. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Iceland exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, carbon electrode exports totaled $X in 2018. Over the period under review, carbon electrode exports continue to indicate a moderate downturn. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, carbon electrode exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tons) was the main exporter of carbon electrodes, mixing up X% of total exports. The Netherlands (X tons) took the second position in the ranking, distantly followed by Spain (X tons). All these countries together occupied approx. X% share of total exports. The following exporters - Japan (X tons), India (X tons), France (X tons), Poland (X tons), Russia (X tons), Malaysia (X tons) and Germany (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Malaysia (+X%), India (+X%), Poland (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Russia, France and the Netherlands experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.), Malaysia (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global exports, while Japan, the Netherlands and Germany saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest carbon electrode supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2018, the carbon electrode export price in Iceland amounted to $X per ton, surging by X% against the previous year. Overall, the carbon electrode export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, the export prices for carbon electrodes reached their maximum at $X per ton in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Carbon Electrode Imports

Imports into Iceland

In 2018, the carbon electrode imports into Iceland totaled X tons, rising by X% against the previous year. In general, carbon electrode imports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, carbon electrode imports reached their maximum at X tons in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, carbon electrode imports totaled $X in 2018. In general, carbon electrode imports, however, continue to indicate a measured descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Iceland imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of carbon electrode imports in 2018 were Canada (X tons), Norway (X tons) and Russia (X tons), together accounting for X% of total import. It was distantly followed by the U.S. (X tons), Sweden (X tons) and Iran (X tons), together comprising a X% share of total imports. Germany (X tons), Italy (X tons), South Korea (X tons), Turkey (X tons), India (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sweden, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Turkey ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Italy, Iceland, South Korea, Germany, Canada, Norway, Iran, Sweden, the United Arab Emirates and India lagged somewhat behind, together comprising a further X terms of the main importing countries, Italy recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The carbon electrode import price in Iceland stood at $X per ton in 2018, leveling off at the previous year. Overall, the carbon electrode import price continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. In that year, the import prices for carbon electrodes attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for carbon electrodes remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Turkey ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform