Belgium: Market for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations 2024

Market Size for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Belgium

In 2021, after two years of decline, there was growth in the Belgian artificial and colloidal graphite market, when its value increased by 3.9% to $X. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Belgium

In value terms, artificial and colloidal graphite production expanded rapidly to $X in 2021 estimated in export price. Overall, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.9% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 31%. Artificial and colloidal graphite production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Exports from Belgium

In 2021, approx. X tons of artificial graphite, colloidal, semi-colloidal graphite and preparations were exported from Belgium; with an increase of 54% on the previous year's figure. Over the period under review, exports, however, saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 348%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, artificial and colloidal graphite exports skyrocketed to $X in 2021. Overall, exports posted a notable expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 180%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of artificial and colloidal graphite exports from Belgium, with a combined 53% share of total exports. These countries were followed by Germany, the UK, Spain, China and Portugal, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +120.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial and colloidal graphite exported from Belgium were France ($X), Germany ($X) and Italy ($X), together accounting for 47% of total exports. These countries were followed by China, Spain, the Netherlands, the UK and Portugal, which together accounted for a further 28%.

Portugal, with a CAGR of +96.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average artificial and colloidal graphite export price stood at $X per ton in 2021, picking up by 2.4% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 an increase of 102% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to the UK ($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 France (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations

Imports into Belgium

In 2021, purchases abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations increased by 25% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, artificial and colloidal graphite imports skyrocketed to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 129% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), Japan (X tons) and Mexico (X tons) were the main suppliers of artificial and colloidal graphite imports to Belgium, with a combined 42% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +71.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Canada ($X) constituted the largest artificial and colloidal graphite suppliers to Belgium, together comprising 68% of total imports.

Japan, with a CAGR of +83.9%, recorded the highest growth rate of the value of imports, among the main suppliers 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 artificial and colloidal graphite import price amounted to $X per ton, increasing by 6.9% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, artificial and colloidal graphite import price increased by +72.5% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+330.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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