Australia: Graphite Market 2024

Graphite Market Size in Australia

The Australian graphite market rose remarkably to $X in 2021, with an increase of 8.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt decline. Graphite consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Graphite Exports

Exports from Australia

After two years of growth, shipments abroad of graphite (natural) decreased by -33.8% to X tons in 2021. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2016 when exports increased by 95%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, graphite exports declined dramatically to $X in 2021. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 94%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) was the main destination for graphite exports from Australia, with a 51% share of total exports. Moreover, graphite exports to Thailand exceeded the volume sent to the second major destination, New Zealand (X tons), threefold. The third position in this ranking was held by Fiji (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-19.3% per year) and Fiji (-1.4% per year).

In value terms, Thailand ($X) remains the key foreign market for graphite exports from Australia, comprising 48% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 14% share of total exports. It was followed by Singapore, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand totaled -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-25.2% per year) and Singapore (+13.1% per year).

Export Prices by Country

The average graphite export price stood at $X per ton in 2021, picking up by 26% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of 48%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Graphite Imports

Imports into Australia

In 2021, approx. X tons of graphite (natural) were imported into Australia; dropping by -5.2% on the previous year's figure. In general, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by 116% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, graphite imports expanded sharply to $X in 2021. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2016 when imports increased by 106% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of graphite to Australia, with a 50% share of total imports. Moreover, graphite imports from China exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+23.9% per year) and the United States (+3.4% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest graphite suppliers to Australia, together accounting for 74% of total imports. These countries were followed by Sri Lanka, the Czech Republic and Spain, which together accounted for a further 25%.

Among the main suppliers, Sri Lanka, with a CAGR of +23.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average graphite import price amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 97% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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