Asia: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Asia

The Asian graphite non-electrical articles market totaled $X in 2021, remaining stable against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.1% against 2012 indices. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Graphite Non-Electrical Articles Production in Asia

In value terms, graphite non-electrical articles production reached $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.4% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 34%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports in Asia

In 2021, approx. X tons of non-electrical articles of graphite or other carbon were exported in Asia; with an increase of 19% on the year before. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 27% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, graphite non-electrical articles exports surged to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Japan was the largest exporting country with an export of about X tons, which recorded 45% of total exports. South Korea (X tons) held the second position in the ranking, distantly followed by China (X tons) and Turkey (X tons). All these countries together took near 42% share of total exports. The following exporters - Indonesia (X tons), India (X tons) and Malaysia (X tons) - together made up 7.8% of total exports.

From 2012 to 2021, average annual rates of growth with regard to graphite non-electrical articles exports from Japan stood at +7.8%. At the same time, Malaysia (+37.9%), South Korea (+21.5%), Turkey (+18.4%) and China (+6.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +37.9% from 2012-2021. By contrast, India (-1.4%) and Indonesia (-14.1%) illustrated a downward trend over the same period. While the share of South Korea (+14 p.p.), Turkey (+4.4 p.p.), Japan (+3 p.p.) and Malaysia (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of India (-2.9 p.p.) and Indonesia (-19.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest graphite non-electrical articles supplier in Asia, comprising 60% of total exports. The second position in the ranking was taken by South Korea ($X), with a 19% share of total exports. It was followed by China, with a 5.9% share.

In Japan, graphite non-electrical articles exports increased at an average annual rate of +4.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+16.3% per year) and China (+9.0% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by 7.4% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

In 2021, imports of non-electrical articles of graphite or other carbon in Asia declined to X tons, remaining stable against the year before. Overall, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 57%. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, graphite non-electrical articles imports rose to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

China dominates imports structure, finishing at X tons, which was near 54% of total imports in 2021. India (X tons) ranks second in terms of the total imports with a 9.3% share, followed by South Korea (8.9%), Turkey (6.7%) and Japan (5.5%). Vietnam (X tons), Taiwan (Chinese) (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +14.2% from 2012 to 2021. At the same time, Turkey (+28.7%), Vietnam (+23.3%), India (+14.9%), Malaysia (+11.8%), Taiwan (Chinese) (+11.5%) and South Korea (+4.8%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in Asia, with a CAGR of +28.7% from 2012-2021. Japan experienced a relatively flat trend pattern. While the share of China (+14 p.p.), Turkey (+5 p.p.), India (+2.9 p.p.) and Vietnam (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-5.2 p.p.) and Japan (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-electrical articles of graphite or other carbon in Asia, comprising 46% of total imports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total imports. It was followed by Japan, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +8.5%. In the other countries, the average annual rates were as follows: South Korea (+3.2% per year) and Japan (-3.3% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, rising by 2% against the previous year. In general, the import price, however, recorded a perceptible downturn. The growth pace was the most rapid in 2019 when the import price increased by 3% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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