ASEAN: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in ASEAN

The ASEAN graphite non-electrical articles market skyrocketed to $X in 2021, with an increase of 43% against the previous year. In general, consumption continues to indicate a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Graphite Non-Electrical Articles Production in ASEAN

In value terms, graphite non-electrical articles production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 152%. The level of production peaked in 2021 and is likely to see gradual growth in the immediate term.

Graphite Non-Electrical Articles Exports

Exports in ASEAN

Graphite non-electrical articles exports rose markedly to X tons in 2021, with an increase of 11% against the previous year. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 38%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, graphite non-electrical articles exports skyrocketed to $X in 2021. In general, exports showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 51%. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

In 2021, Indonesia (X tons), distantly followed by Malaysia (X tons), Singapore (X tons) and Vietnam (X tons) were the major exporters of non-electrical articles of graphite or other carbon, together comprising 95% of total exports. Thailand (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +49.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest graphite non-electrical articles supplying countries in ASEAN were Singapore ($X), Vietnam ($X) and Malaysia ($X), together accounting for 87% of total exports.

Vietnam, with a CAGR of +61.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2021, growing by 32% against the previous year. Overall, the export price saw significant growth. The growth pace was the most rapid in 2014 when the export price increased by 54%. The level of export peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+10.5%), while the other leaders experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports in ASEAN

In 2021, purchases abroad of non-electrical articles of graphite or other carbon was finally on the rise to reach X tons after two years of decline. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.7% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of 42%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, graphite non-electrical articles imports stood at $X in 2021. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 29%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the five major importers of non-electrical articles of graphite or other carbon, namely Vietnam, Malaysia, Singapore, Thailand and Indonesia, represented more than two-thirds of total import. The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2021, with a combined 78% share of total imports.

Vietnam, with a CAGR of +26.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, falling by -6.1% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, graphite non-electrical articles import price increased by +78.9% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 32%. The level of import peaked at $X per ton in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+24.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform