Ireland: Market for Carbon Electrodes Not For Furnaces 2025

Market Size for Carbon Electrodes Not For Furnaces in Ireland

In 2022, the Irish market for carbon electrodes not for furnaces decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a deep setback. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Exports of Carbon Electrodes Not For Furnaces

Exports from Ireland

For the fourth consecutive year, Ireland recorded decline in shipments abroad of carbon electrodes not for furnaces, which decreased by X% to X kg in 2022. Overall, exports saw a sharp descent. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, carbon electrode not for furnaces exports amounted to $X in 2022. Over the period under review, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg), Israel (X kg) and the UK (X kg) were the main destinations of carbon electrode not for furnaces exports from Ireland. Moreover, carbon electrode not for furnaces exports in the United States exceeded the figures recorded by the second-largest exporter, Israel, twofold.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced a decline.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (X% per year) and the UK (X% per year).

Export Prices by Country

The average export price for carbon electrodes not for furnaces stood at $X per kg in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per kg), while the average price for exports to the UK ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Carbon Electrodes Not For Furnaces

Imports into Ireland

In 2022, overseas purchases of carbon electrodes not for furnaces decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, carbon electrode not for furnaces imports stood at $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest carbon electrode not for furnaces supplier to Ireland, accounting for a X% share of total imports. Moreover, carbon electrode not for furnaces imports from the United States exceeded the figures recorded by the second-largest supplier, South Korea (X kg), fivefold. The UK (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 the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and the UK (X% per year).

In value terms, the United States ($X) constituted the largest supplier of carbon electrodes not for furnaces to Ireland, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and China (X% per year).

Import Prices by Country

The average import price for carbon electrodes not for furnaces stood at $X per ton in 2022, remaining constant against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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