Carbon Electrode Market Overview in the United Kingdom
In value terms, carbon electrode production totaled $ in 2019 estimated in export prices. Over the period under review, production posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2016; however, from 2017 to 2019, production failed to regain the momentum.
The value of the carbon electrode market in the UK was estimated at $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a tangible expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in the immediate term.