In 2023, China led global exports of carbon and graphite electrodes, excluding furnaces, with a significant share of 63.4%. Norway and the Netherlands followed, holding 11.29% and 11.13% respectively. Over the past two years, China's exports have grown 1.77% annually, while the Netherlands remained stable at 0.29%. Norway and several smaller European countries have experienced more notable increases, such as Slovenia at 213.68% and Slovakia at 152.7%. Conversely, exports from Italy, Argentina, and others have seen declines. Bosnia and Herzegovina's exports surged, showing an increase of 114.58%, while the Philippines observed a drop of 13.23%.
Future trends to watch include China's continued dominance and potential shifts in demand influencing smaller players' growth. Emerging markets may expand due to increased production capacities or geopolitical influences. Monitoring technological advancements and environmental regulations will also be crucial as they could reshape industry dynamics.
Top countries in Export of Carbon and Graphite Electrodes, Except for Furnaces Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 63.4 | 2023 | +2.26% | +1.77% | View data |
| 2 | 2 Norway | 11.29 | 2023 | +2.57% | +3.13% | View data |
| 3 | 3 Netherlands | 11.13 | 2023 | -1.11% | +0.29% | View data |
| 4 | 4 Iceland | 4.73 | 2023 | +1.2% | +1.22% | View data |
| 5 | 5 Poland | 2.12 | 2023 | +2.05% | +2.51% | View data |
| 6 | 6 Russia | 0.55 | 2023 | -1% | +3.03% | View data |
| 7 | 7 United Arab Emirates | 0.33 | 2023 | +3.16% | -0.95% | View data |
| 8 | 8 United Kingdom | 0.2 | 2023 | +3.76% | +7.03% | View data |
| 9 | 9 Ukraine | 0.14 | 2023 | -4.52% | -4.38% | View data |
| 10 | 10 Indonesia | 0.14 | 2023 | +3.44% | +4.53% | View data |