Global Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size

The global coated arc-welding electrode market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Coated Arc-Welding Electrode Production

In value terms, coated arc-welding electrode production declined to $X in 2022 estimated in export price. In general, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Coated Arc-Welding Electrode Exports

Exports

In 2022, overseas shipments of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the global exports failed to regain momentum.

In value terms, coated arc-welding electrode exports rose sharply to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Turkey (X tons), comprising a X% share of total exports. The following exporters - Hungary (X tons), Belarus (X tons), India (X tons), the Czech Republic (X tons), Russia (X tons), the United Arab Emirates (X tons), Austria (X tons), Malaysia (X tons), Japan (X tons), Thailand (X tons) and Romania (X tons) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Belarus (X%), the United Arab Emirates (X%), India (X%), Russia (X%), Austria (X%), Thailand (X%) and Romania (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Japan and Turkey experienced a relatively flat trend pattern. By contrast, Malaysia (X%), Hungary (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. China (X p.p.), Belarus (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the global exports, while the Czech Republic saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest coated arc-welding electrode supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of global exports. It was followed by Austria, with a X% share.

In China, coated arc-welding electrode exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average coated arc-welding electrode export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Coated Arc-Welding Electrode Imports

Imports

In 2022, overseas purchases of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the third consecutive year after three years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of global imports remained at a lower figure.

In value terms, coated arc-welding electrode imports reduced slightly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons), followed by Indonesia (X tons) were the key importers of coated base metal electrodes for electric arc-welding, together generating X% of total imports. The United Arab Emirates (X tons), Saudi Arabia (X tons), the Czech Republic (X tons), Kazakhstan (X tons), Iraq (X tons), the United States (X tons), Uzbekistan (X tons), the Philippines (X tons), Ghana (X tons), Sudan (X tons) and Thailand (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ghana (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest coated arc-welding electrode importing markets worldwide were Russia ($X), Indonesia ($X) and the United Arab Emirates ($X), with a combined X% share of global imports. The Czech Republic, the United States, Saudi Arabia, Kazakhstan, Thailand, Iraq, Uzbekistan, Ghana, the Philippines and Sudan lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Ghana, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average coated arc-welding electrode import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Global import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Sudan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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