Price for Carbonaceous Pastes for Electrodes and Furnace Linings in China - 2024

Contents:

  1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in China (FOB) - 2022
  2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in China (CIF) - 2022
  3. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in China
  4. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in China

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in China (FOB) - 2022

In 2022, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $1,017 per ton, growing by 34% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,045 per ton), while the average price for exports to Iran ($774 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 (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in China (CIF) - 2022

In 2022, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $10,269 per ton, growing by 98% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 279%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,553 per ton), while the price for Malaysia ($656 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in China

For the fourth consecutive year, China recorded growth in overseas shipments of carbonaceous pastes for electrodes and furnace linings, which increased by 36% to 264K tons in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings surged to $268M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carbonaceous Pastes for Electrodes and Furnace Linings in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia32.842.581.916872.4%
Malaysia14.011.911.929.728.5%
Kazakhstan2.31.33.212.073.4%
South Korea9.09.19.311.89.4%
Vietnam4.05.47.76.919.9%
Zimbabwe2.90.53.15.019.9%
Saudi Arabia1.31.62.93.133.6%
Iran4.89.85.42.0-25.3%
Others14.713.721.530.026.8%
Total86.095.814726846.1%

Top Export Markets for Carbonaceous Pastes for Electrodes and Furnace Linings from China in 2022:

  1. Indonesia (166.2K tons)
  2. Malaysia (27.1K tons)
  3. Kazakhstan (12.5K tons)
  4. South Korea (11.1K tons)
  5. Vietnam (8.3K tons)
  6. Zimbabwe (4.7K tons)
  7. Saudi Arabia (3.1K tons)
  8. Iran (2.5K tons)

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in China

In 2022, imports of carbonaceous pastes for electrodes and furnace linings into China fell notably to 88 tons, waning by -60.9% on 2021 figures. In general, imports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of 225 tons, and then dropped markedly in the following year.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings reduced markedly to $902K in 2022. Overall, imports continue to indicate a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of $1.2M, and then fell markedly in the following year.

Import of Carbonaceous Pastes for Electrodes and Furnace Linings in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13147.924076179.8%
United States42.519.920.265.815.7%
South Korea8.258.625.025.245.4%
Poland52336348719.9-66.4%
Taiwan (Chinese)28233839015.9-61.7%
MalaysiaN/AN/AN/A10.20%
Others9.419.0N/A3.5-28.1%
Total9968471,163902-3.3%

Top Suppliers of Carbonaceous Pastes for Electrodes and Furnace Linings to China in 2022:

  1. Japan (49.0 tons)
  2. Malaysia (15.6 tons)
  3. United States (13.9 tons)
  4. Poland (4.4 tons)
  5. South Korea (3.6 tons)
  6. Taiwan (Chinese) (1.3 tons)

Source: IndexBox Market Intelligence Platform

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