The re-import of carbon and graphite furnace electrodes to China is forecasted to increase steadily from 2024 to 2028. The anticipated growth rates over this period are approximately: 3.64% in 2025, 3.42% in 2026, 3.24% in 2027, and 3.08% in 2028. The compound annual growth rate (CAGR) for this period is about 3.34%. In 2023, the import volume stood at a lower level, indicating consistent growth in demand for these electrodes in China.
Future trends to watch for include:
- Technological advancements that might affect production and import practices.
- Policy changes in environmental regulations impacting carbon and graphite imports.
- Fluctuations in global supply chains and raw material availability, influencing future import volumes.