U.S.: Carbon Electrode Market 2025

Carbon Electrode Market Size in the U.S.

In 2022, the U.S. carbon electrode market increased by 8% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +10.7% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Carbon Electrode Production in the U.S.

In value terms, carbon electrode production amounted to $X in 2022. Overall, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 31% against the previous year. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Carbon Electrode Exports

Exports from the U.S.

In 2022, exports of carbon electrodes from the United States contracted to X tons, with a decrease of -13.4% on the previous year. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 44% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, carbon electrode exports reduced to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 95%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Mexico (X tons) and Argentina (X tons) were the main destinations of carbon electrode exports from the United States, together comprising 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +7.4%), while the other leaders experienced a decline.

In value terms, Canada ($X), Mexico ($X) and Argentina ($X) were the largest markets for carbon electrode exported from the United States worldwide, together accounting for 78% of total exports.

Among the main countries of destination, Argentina, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average carbon electrode export price stood at $X per ton in 2022, growing by 8.4% against the previous year. Overall, the export price enjoyed a temperate increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($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 Italy (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Carbon Electrode Imports

Imports into the U.S.

In 2022, supplies from abroad of carbon electrodes increased by 34% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 137%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, carbon electrode imports surged to $X in 2022. In general, imports, however, saw a slight reduction. The pace of growth was the most pronounced in 2018 with an increase of 144% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), Mexico (X tons) and China (X tons) were the main suppliers of carbon electrode imports to the United States, with a combined 61% share of total imports. Russia, France, Italy, Poland, Austria, Japan, Taiwan (Chinese), Malaysia, Canada and Germany lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +139.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), India ($X) and China ($X) appeared to be the largest carbon electrode suppliers to the United States, with a combined 44% share of total imports. Russia, Italy, France, Germany, Austria, Japan, Poland, Malaysia, Taiwan (Chinese) and Canada lagged somewhat behind, together accounting for a further 42%.

Among the main suppliers, Malaysia, with a CAGR of +109.9%, saw 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

In 2022, the average carbon electrode import price amounted to $X per ton, surging by 18% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 53%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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