Price for Carbonaceous Pastes for Electrodes and Furnace Linings in Vietnam - 2022

Contents:

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

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

In 2022, the average import price for carbonaceous pastes for electrodes and furnace linings amounted to $1,263 per ton, jumping by 44% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.6% per year.

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

The average export price for carbonaceous pastes for electrodes and furnace linings stood at $920 per ton in 2022, approximately equating the previous year. Overall, the export price showed a prominent expansion. The growth pace was the most rapid in 2016 an increase of 454%. As a result, the export price attained the peak level of $4,630 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +7.5% per year.

Imports of Carbonaceous Pastes for Electrodes and Furnace Linings in Vietnam

After three years of growth, overseas purchases of carbonaceous pastes for electrodes and furnace linings decreased by -16.3% to 5.4K tons in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. As a result, imports attained the peak of 6.5K tons, and then shrank remarkably in the following year.

In value terms, imports of carbonaceous pastes for electrodes and furnace linings soared to $6.8M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 126% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. China (5.4K tons)

Exports of Carbonaceous Pastes for Electrodes and Furnace Linings in Vietnam

In 2022, overseas shipments of carbonaceous pastes for electrodes and furnace linings decreased by 0% to 76 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a sharp descent. The smallest decline of -49.6% was in 2020.

In value terms, exports of carbonaceous pastes for electrodes and furnace linings amounted to $70K in 2022. Over the period under review, exports showed a sharp shrinkage. The smallest decline of -49.7% was in 2020.

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

1. Indonesia (75.7 tons)

Source: IndexBox Market Intelligence Platform