New Zealand: Furnace Carbon Electrode Market 2024

Furnace Carbon Electrode Market Size in New Zealand

The New Zealand furnace carbon electrode market reduced to $X in 2022, falling by X% against the previous year. Overall, consumption faced a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Furnace Carbon Electrode Production in New Zealand

In value terms, furnace carbon electrode production shrank remarkably to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Furnace carbon electrode production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Furnace Carbon Electrode Exports

Exports from New Zealand

In 2022, approx. X tons of carbon electrodes for furnaces were exported from New Zealand; falling by X% against 2021. Overall, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, furnace carbon electrode exports declined remarkably to $X in 2022. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for furnace carbon electrode exports from New Zealand, accounting for a X% share of total exports. Moreover, furnace carbon electrode exports to Australia exceeded the volume sent to the second major destination, Cameroon (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (X% per year) and the United Arab Emirates (X% per year).

In value terms, Australia ($X) remains the key foreign market for carbon electrodes for furnaces exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Cameroon ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average furnace carbon electrode export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cameroon ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) 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 more modest paces of growth.

Furnace Carbon Electrode Imports

Imports into New Zealand

In 2022, imports of carbon electrodes for furnaces into New Zealand amounted to X tons, growing by X% against the previous year. In general, imports, however, saw a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, furnace carbon electrode imports soared to $X in 2022. Over the period under review, imports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of furnace carbon electrode imports to New Zealand, together comprising X% of total imports. China, Austria, Finland, Italy, Germany, the Netherlands, the Czech Republic, the UK and Spain lagged somewhat behind, together comprising a further X%.

From 2015 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest furnace carbon electrode suppliers to New Zealand were Australia ($X), the United States ($X) and Japan ($X), together accounting for X% of total imports. China, Austria, Finland, Italy, Germany, the Netherlands, the Czech Republic, the UK and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded 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 furnace carbon electrode import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($X per ton) and the Netherlands ($X per ton), while the price for the UK ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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