Asia-Pacific: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Asia-Pacific

The Asia-Pacific graphite non-electrical articles market reached $X in 2021, increasing by 2.1% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.5% against 2012 indices. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Graphite Non-Electrical Articles Production in Asia-Pacific

In value terms, graphite non-electrical articles production rose modestly to $X in 2021 estimated in export price. The total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 -1.9% 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-Pacific

In 2021, graphite non-electrical articles exports in Asia-Pacific soared to X tons, with an increase of 27% compared with the previous year. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, graphite non-electrical articles exports soared to $X in 2021. Total exports indicated a buoyant expansion 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 when exports increased by 36%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Exports by Country

Japan was the largest exporter of non-electrical articles of graphite or other carbon in Asia-Pacific, with the volume of exports reaching X tons, which was near 47% of total exports in 2021. South Korea (X tons) ranks second in terms of the total exports with a 22% share, followed by China (14%). Indonesia (X tons), India (X tons), New Zealand (X tons) and Malaysia (X tons) followed a long way behind the leaders.

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%), New Zealand (+27.6%), South Korea (+21.5%) and China (+6.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, 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. From 2012 to 2021, the share of South Korea, Japan, Malaysia and New Zealand increased by +15, +4.5, +1.9 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest graphite non-electrical articles supplier in Asia-Pacific, comprising 60% of total exports. The second position in the ranking was held by South Korea ($X), with a 20% share of total exports. It was followed by China, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value in Japan totaled +4.4%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+16.3% per year) and China (+9.0% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 7.8%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

Graphite non-electrical articles imports expanded significantly to X tons in 2021, growing by 7.2% compared with 2020 figures. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +9.5% 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 +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, graphite non-electrical articles imports expanded rapidly to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +45.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the largest importer of non-electrical articles of graphite or other carbon, committing 58% of total imports. India (X tons) took a 10% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (9.6%) and Japan (5.9%). The following importers - Vietnam (X tons), Taiwan (Chinese) (X tons) and Malaysia (X tons) - together made up 7.7% of total imports.

Imports into China increased at an average annual rate of +14.2% from 2012 to 2021. At the same time, Vietnam (+23.3%), India (+14.9%), Malaysia (+11.8%), Taiwan (Chinese) (+11.5%) and South Korea (+4.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +23.3% from 2012-2021. Japan experienced a relatively flat trend pattern. While the share of China (+18 p.p.), India (+3.6 p.p.) and Vietnam (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-4.7 p.p.) and Japan (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-electrical articles of graphite or other carbon in Asia-Pacific, comprising 49% of total imports. The second position in the ranking was held by South Korea ($X), with an 11% share of total imports. It was followed by Japan, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +8.5%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+3.2% per year) and Japan (-3.3% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, which is down by -1.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2019 when the import price increased by 6.5%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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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