Benelux: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Benelux

In 2021, the Benelux graphite non-electrical articles market decreased by -21.8% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, posted noticeable growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Graphite Non-Electrical Articles Production in Benelux

In value terms, graphite non-electrical articles production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced reduction. The pace of growth was the most pronounced in 2016 with an increase of 838%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports in Benelux

In 2021, overseas shipments of non-electrical articles of graphite or other carbon decreased by -18.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 123%. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced rapidly in the following year.

In value terms, graphite non-electrical articles exports dropped to $X in 2021. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 162% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then declined in the following year.

Exports by Country

The Netherlands was the major exporting country with an export of around X tons, which amounted to 68% of total exports. Belgium (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together took approx. 32% share of total exports.

Exports from the Netherlands increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Luxembourg (+11.4%) and Belgium (+8.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +11.4% from 2012-2021. Luxembourg (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest graphite non-electrical articles supplier in Benelux, comprising 79% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports.

In the Netherlands, graphite non-electrical articles exports increased at an average annual rate of +10.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+10.5% per year) and Luxembourg (+3.7% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, with an increase of 12% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by 18%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the other leaders experienced mixed trends in the export price figures.

Graphite Non-Electrical Articles Imports

Imports in Benelux

In 2021, supplies from abroad of non-electrical articles of graphite or other carbon decreased by -18.8% to X tons for the first time since 2017, thus ending a three-year rising trend. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 32%. Over the period under review, imports hit record highs at X tons in 2020, and then shrank sharply in the following year.

In value terms, graphite non-electrical articles imports fell remarkably to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) represented the major importer of non-electrical articles of graphite or other carbon, committing 62% of total imports. It was distantly followed by Belgium (X tons) and Luxembourg (X tons), together mixing up a 38% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of +16.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-electrical articles of graphite or other carbon in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 25% share of total imports.

In the Netherlands, graphite non-electrical articles imports plunged by an average annual rate of -1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+7.5% per year) and Luxembourg (+6.0% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, increasing by 2.8% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-4.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform