Asia-Pacific: 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-Pacific

In 2022, the Asia-Pacific carbon for electrical purposes market increased by 0.1% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a slight reduction. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

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

In value terms, carbon for electrical purposes production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decrease. The growth pace was the most rapid in 2014 when the production volume increased by 62%. As a result, production attained 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-Pacific

Carbon for electrical purposes exports shrank to X tons in 2022, with a decrease of -14.5% compared with the year before. Over the period under review, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. 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 to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 97%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X tons) represented the largest exporter of articles of graphite or other carbon for electrical purposes, constituting 50% of total exports. It was distantly followed by South Korea (X tons), Taiwan (Chinese) (X tons), India (X tons) and Japan (X tons), together comprising a 44% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

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-Pacific, 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. While the share of South Korea (+13 p.p.), Japan (+4.2 p.p.) and Hong Kong SAR (+2.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (-6.3 p.p.) and China (-12 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) were the countries with the highest levels of exports in 2022, with a combined 86% share 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%, saw the highest rates of growth with regard to 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

In 2022, the export price in Asia-Pacific amounted to $X per ton, picking up by 22% against the previous year. Export price indicated a perceptible 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 +68.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 39% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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-Pacific

In 2022, the amount of articles of graphite or other carbon for electrical purposes imported in Asia-Pacific surged to X tons, growing by 52% against 2021. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes imports skyrocketed to $X in 2022. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 50%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of carbon for electrical purposes imports in 2022 were Australia (X tons), India (X tons) and Singapore (X tons), together finishing at 76% of total import. It was distantly followed by China (X tons), achieving a 5.2% share of total imports. The following importers - Malaysia (X tons), Thailand (X tons) and Vietnam (X tons) - each reached an 8.5% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia (with a CAGR of +44.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest carbon for electrical purposes importing markets in Asia-Pacific were India ($X), Singapore ($X) and China ($X), together accounting for 57% of total imports. Australia, Thailand, Malaysia and Vietnam lagged somewhat behind, together accounting for a further 21%.

Australia, with a CAGR of +32.5%, recorded the highest growth rate of the value of imports, in terms of 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-Pacific stood at $X per ton in 2022, declining by -7.3% against the previous year. Over the period under review, the import price showed a mild reduction. The pace of growth was the most pronounced in 2018 when the import price increased by 24% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Australia ($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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