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

Contents:

1. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Canada (CIF) - 2024
2. Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Canada (FOB) - 2022
3. Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Canada
4. Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Canada

Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Canada (CIF) - 2024

In January 2024, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $1,696 per ton, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in August 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $1,795 per ton. From September 2023 to January 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($2,237 per ton), while the price for Germany ($1,069 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for carbonaceous pastes for electrodes and furnace linings amounted to $1,198 per ton, jumping by 46% against the previous year. Overall, the export price posted a noticeable expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($1,199 per ton) and the United States ($1,198 per ton), while the average price for exports to Qatar ($1,198 per ton) and Pakistan ($1,198 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+45.6%).

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Canada

In 2022, the amount of carbonaceous pastes for electrodes and furnace linings imported into Canada skyrocketed to 13K tons, jumping by 42% on the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings surged to $16M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (5.1K tons)
2. Norway (4.7K tons)
3. France (2.3K tons)
4. United States (0.2K tons)
5. United Kingdom (0.2K tons)

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Canada

In 2022, after two years of growth, there was significant decline in overseas shipments of carbonaceous pastes for electrodes and furnace linings, when their volume decreased by -58.2% to 42 tons. Overall, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of 101 tons, and then shrank dramatically in the following year.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings declined markedly to $51K in 2022. Over the period under review, exports saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $83K, and then shrank remarkably in the following year.

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

1. United States (20.0 tons)
2. Pakistan (19.0 tons)
3. Qatar (2.0 tons)
4. South Korea (1.3 tons)

Source: IndexBox Market Intelligence Platform