Asia: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2025

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Asia

In 2022, the Asian carbon for electrical purposes market increased by 49% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.2% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Asia

In value terms, carbon for electrical purposes production fell to $X in 2022 estimated in export price. In general, production showed a perceptible contraction. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports in Asia

In 2022, exports of articles of graphite or other carbon for electrical purposes in Asia shrank to X tons, waning by -13.8% against the previous year. In general, exports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, carbon for electrical purposes exports expanded slightly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 97%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X tons) was the largest exporter of articles of graphite or other carbon for electrical purposes, making up 50% of total exports. South Korea (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (12%), India (8.9%) and Japan (6.6%). Hong Kong SAR (X tons) took a little share of total exports.

Exports from China decreased at an average annual rate of -5.9% from 2012 to 2022. At the same time, Hong Kong SAR (+25.2%), South Korea (+13.7%) and Japan (+5.8%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia, with a CAGR of +25.2% from 2012-2022. By contrast, India (-5.0%) and Taiwan (Chinese) (-7.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Japan and Hong Kong SAR increased by +13, +4.1 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest carbon for electrical purposes supplying countries in Asia were China ($X), Japan ($X) and South Korea ($X), together accounting for 85% of total exports. Hong Kong SAR, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further 10%.

Hong Kong SAR, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in Asia amounted to $X per ton, increasing by 21% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbon for electrical purposes export price increased by +67.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 39%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports in Asia

In 2022, overseas purchases of articles of graphite or other carbon for electrical purposes increased by 14% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 278%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, carbon for electrical purposes imports surged to $X in 2022. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 97% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) and Singapore (X tons) represented the major importers of articles of graphite or other carbon for electrical purposes in Asia, together comprising 63% of total imports. It was distantly followed by China (X tons), mixing up a 7.1% share of total imports. Malaysia (X tons), Thailand (X tons), Vietnam (X tons), Indonesia (X tons), Tajikistan (X tons), Myanmar (X tons) and South Korea (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +26.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon for electrical purposes importing markets in Asia were India ($X), Singapore ($X) and South Korea ($X), with a combined 64% share of total imports.

Singapore, with a CAGR of +29.1%, recorded 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 Asia stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the import price recorded a measured increase. The most prominent rate of growth was recorded in 2020 when the import price increased by 52%. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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