Canada: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Canada

The Canadian graphite non-electrical articles market stood at $X in 2022, growing by 5.1% against the previous year. Over the period under review, consumption saw a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Graphite Non-Electrical Articles Production in Canada

In value terms, graphite non-electrical articles production totaled $X in 2022 estimated in export price. Overall, production showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 82%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Graphite Non-Electrical Articles Exports

Exports from Canada

In 2022, overseas shipments of non-electrical articles of graphite or other carbon were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by 26%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, graphite non-electrical articles exports expanded slightly to $X in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 35% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for graphite non-electrical articles exports from Canada, with a 59% share of total exports. Moreover, graphite non-electrical articles exports to the United States exceeded the volume sent to the second major destination, China (X tons), sevenfold. The third position in this ranking was taken by Japan (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+10.8% per year) and Japan (+28.0% per year).

In value terms, the United States ($X) remains the key foreign market for non-electrical articles of graphite or other carbon exports from Canada, comprising 59% of total exports. The second position in the ranking was held by China ($X), with an 8.4% share of total exports. It was followed by Japan, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+10.4% per year) and Japan (+27.0% per year).

Export Prices by Country

In 2022, the average graphite non-electrical articles export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 8.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($X per ton) and France ($X per ton), while the average price for exports to Japan ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.1%), while the prices for the other major destinations experienced a decline.

Graphite Non-Electrical Articles Imports

Imports into Canada

In 2022, approx. X tons of non-electrical articles of graphite or other carbon were imported into Canada; declining by -2.6% against the year before. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 28%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, graphite non-electrical articles imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 24% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest graphite non-electrical articles supplier to Canada, with a 62% share of total imports. Moreover, graphite non-electrical articles imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by the UK (X tons), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.3% per year) and the UK (+30.4% per year).

In value terms, the United States ($X) constituted the largest supplier of non-electrical articles of graphite or other carbon to Canada, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by the UK, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.2% per year) and the UK (+29.1% per year).

Import Prices by Country

The average graphite non-electrical articles import price stood at $X per ton in 2022, surging by 1.9% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 3.2%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and the United States ($X per ton), while the price for the UK ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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