Thailand: Furnace Carbon Electrode Market 2025

Furnace Carbon Electrode Market Size in Thailand

In 2022, the Thai furnace carbon electrode market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption saw a noticeable decrease. Furnace carbon electrode consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Furnace Carbon Electrode Exports

Exports from Thailand

In 2022, the amount of carbon electrodes for furnaces exported from Thailand reduced sharply to X kg, declining by X% compared with the year before. Overall, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, furnace carbon electrode exports declined markedly to $X in 2022. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for furnace carbon electrode exports from Thailand, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%.

In value terms, China ($X) emerged as the key foreign market for carbon electrodes for furnaces exports from Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at X%.

Export Prices by Country

In 2022, the average furnace carbon electrode export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to X% per year.

Furnace Carbon Electrode Imports

Imports into Thailand

In 2022, imports of carbon electrodes for furnaces into Thailand contracted to X tons, reducing by X% on the previous year. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, furnace carbon electrode imports expanded sharply to $X in 2022. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest furnace carbon electrode supplier to Thailand, with a X% share of total imports. Moreover, furnace carbon electrode imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. The third position in this ranking was taken by Malaysia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of carbon electrodes for furnaces to Thailand, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the average furnace carbon electrode import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($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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