Global Carbon Electrode Market: China’s Exports Bounce Back, with 31% growth y/y – IndexBox

2022-01-15 09:34:42 By : Ms. Rayan Z

China’s carbon electrode exports started to recover after two years of decline. From January-July 2021, the supplies abroad totalled $1.2B, increasing by +31% compared to the same period in 2020. China remains the world’s largest supplier, accounting for 66% of global carbon electrode exports. More than half of its shipments go to Malaysia, Russia and Canada. Bahrain recorded the highest growth rate of purchases from China among the main trade partners.

LOS ANGELES, Dec. 21, 2021 (GLOBE NEWSWIRE) -- From January to July 2021, the carbon electrode supplies from China totalled $1.2B, rising by +31% compared to the same period of 2020, according to a recent report by a market research firm IndexBox. In physical terms, exports grew to 1.2M tonnes, an 11%-increase compared to the same period last year.

China’s Carbon Electrode Exports

China is the world’s largest supplier in the carbon electrode market, with a 66%-share of global exports, IndexBox says. Over the last year, exports shrank from $2.9B to $1.6B, decreasing for the second consecutive year. In physical terms, the number of carbon electrodes exported from China surged to 1.9M tonnes, jumping by +22% compared with 2019 figures.

Malaysia (450K tonnes), Canada (308K tonnes) and Russia (271K tonnes) were the main destinations of carbon electrode exports from China, together comprising 53% of the total volume. The United Arab Emirates, Norway, Turkey, Bahrain, Germany, Azerbaijan and the Netherlands lagged somewhat behind, accounting for a further 33%.

In value terms, Malaysia ($287M), Russia ($195M) and Canada ($175M) appeared to be the largest markets for carbon electrodes exported from China worldwide, with a combined 42% share of total exports. These countries were followed by the United Arab Emirates, Turkey, Norway, Germany, Azerbaijan, Bahrain and the Netherlands, which accounted for a further 28%.

Bahrain recorded the highest growth rate of carbon electrode purchases from China last year. Its imports increased nearly twofold.

In 2020, the average carbon electrode export price amounted to $821 per tonne. There were significant differences in the average prices for the major export markets. The country with the highest cost was Germany ($1,166 per tonne), while the average price for exports to Bahrain ($498 per tonne) was amongst the lowest. The most notable growth rate in prices was recorded for supplies to Azerbaijan, while the prices for the other significant destinations experienced more modest paces of growth.

IndexBox is a market research firm developing an AI-driven market intelligence platform that helps business analysts find actionable insights and make data-driven decisions. The platform provides data on consumption, production, trade, and prices for more than 10K+ different products across 200 countries.

For more information, please visit Website Twitter YouTube LinkedIn

Companies Mentioned in the Report

GrafTech, Dan Carbon, GIL Graphite, SGL Carbon, Showa Denko Carbon, HEG, Tokai Carbon, Kaifeng Carbon, Nantong Yangzi Carbon, Schutz Carbon Electrodes, Graphite India, Nippon Carbon, Sutton-Garten Co., Weaver Industries, Inc., Standard Resistance Welder Co., Div. of Jim Dally & Associates, J V Precision, Inc., Chemical Store Inc., Shamokin Filler Co., The Welding Warehouse, Perimed Inc., Select-Arc, Etm, Abicor Binzel, Newmark Medical Components, A Platt Brothers Co., Williams Metals & Welding Alloys, Fuel Cell Earth LLC, Schunk Carbon Technology, C. H. Symington & Co., Graphite Machining, Inc., Minteq International, Micro-Mark, MSC Industrial Supply Co.

World - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights

China - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights

World - Carbon Electrodes for Furnaces - Market Analysis, Forecast, Size, Trends and Insights

World - Carbon Electrodes Not for Furnaces - Market Analysis, Forecast, Size, Trends and Insights

Asia-Pacific - Carbon Electrodes - Market Analysis, Forecast, Size, Trends and Insights

As the threat of a Russian invasion of Ukraine remains on the radar, analysts and traders assess the ripples such an event would send through global financial markets.

Low rates and high inflation make cash tough to hold. Look here instead.

The automotive sector is in the midst of an enormous change. A combination of social and political forces are pushing the industry more and more toward adoption of electric vehicles (EVs) as a new standard – although the internal combustion engine is not likely to be fully phased out, EVs are certain to find a large niche. ‘Last mile’ delivery, and various fleet businesses are already finding that EVs can meet their needs efficiently. But the electric car market isn’t just about cars. They may g

(Bloomberg) -- The CES technology show in Las Vegas last week was an important milestone for Elon Musk’s Boring Co., which operates a network of underground tunnels to ferry passengers around the massive convention center in Tesla Inc. cars.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyDirecTV to Drop One America News in Blow to Conservative ChannelCovid Pandemic May Shift to Endemic in 2022, Moderna Chair SaysFrequent Boosters Spur Warning on Immune Res

This month marks an anniversary of sorts, as it was three years ago that the current bull market got started. Aside from the short, albeit deep, turndown in Feb/March of 2020, when the corona truck hit us, stock markets have been rising steadily since January 2019. And despite the pandemic, the market’s rate of increase was steeper after the short 2020 recession than before it. In a recent note, Raymond James CIO Larry Adam says it’s time to ‘adjust our aim’ to take into account the dynamics of

“Retiring early is a dream for many people,” said Landon Tan, a certified financial planner. “But those years of not working diminish your chance of a successful retirement more than almost any other metric we toggle when making financial plans.” When planning to retire early, those extra years need to be considered — at the forefront of retirement, but also in the back end if you live longer than anticipated.

You'll wait a few weeks or even months, but you get exactly what you want, and in this current market, you’re likely to save money, too.

The increase impacts all of its plans in the US and goes into immediate effect for new subscribers. Netflix is Once Again Raising Its Prices Glenn Rowley

Not every stock with big potential has shot through the roof this year.

Palantir (NYSE: PLTR) became famous about 11 years ago for helping the CIA find Osama bin Laden. Since its IPO in September 2020, investors have closely watched the company co-founded by the billionaire entrepreneur and venture capitalist Peter Thiel. The stock price action of Palantir since its IPO has attracted both promoters and detractors.

Investors are no longer patient with early-growth tech companies, especially in the electric vehicle sector.

(Bloomberg) -- The loyalty of Cathie Wood’s legion of fans may be finally waning, as the new year bloodbath in speculative technology stocks hands the star money manager a miserable start to 2022.Most Read from BloombergCannabis Compounds Prevented Covid Infection in Laboratory StudyFrequent Boosters Spur Warning on Immune ResponseSupreme Court Blocks Biden’s Shot-or-Test Rule for WorkersSay Goodbye to Self-Isolating, WFH Mandates, Mass TestingDjokovic’s Australian Visa Canceled Again in Public

Yahoo Finance's Brian Cheung breaks down the fourth quarter earnings results for JPMorgan Chase, Citigroup, Wells Fargo, and BlackRock.

Was it the threat of Amazon's spending spree, rising interest rates, or just a good old-fashioned irrational crash?

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered […]

The IBM spinoff is unattractive and unloved, but extremely cheap

The stock market had another tough week, as 2022 hasn't gotten off to the bullish start that many investors had hoped to see. Late in the day, shares of Netflix (NASDAQ: NFLX) climbed abruptly, with a big bump around 3 p.m. ET that left the video streaming company's  stock finishing higher by more than 1%. Netflix shares were down most of the day before the late-afternoon rise.

Software giant Microsoft has earned plaudits for its successful pivot from desktop computing to cloud computing. Many investors may be wondering: Is Microsoft stock a buy right now?

In what hardly qualifies as a surprising development, shares of both Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX) fell in price on Thursday. This was on the back of a Supreme Court decision that struck down a key government vaccination mandate. After the smoke cleared, Pfizer's stock price fell by nearly 2%, while the far smaller and less diversified BioNTech suffered an 8% hit.

When it comes to Covid-19 vaccines, Pfizer (PFE) and Moderna (MRNA) get all the headlines. To an extent, that makes sense. After all, both Pfizer's Comirnaty Covid vaccine and Moderna's Spikevax use mRNA technology to elicit an immune response without ever actually introducing a virus of any sort into the body. In the Western world, these two are the most popular and widespread vaccines available for immunizing patients against the novel coronavirus SARS-CoV-2. Still, as the pandemic enters its