CIS: Graphite Market 2024

Graphite Market Size in CIS

The CIS graphite market soared to $X in 2021, picking up by 30% against the previous year. In general, consumption, however, saw a pronounced decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Graphite Production in CIS

In value terms, graphite production surged to $X in 2021 estimated in export price. In general, production recorded a abrupt slump. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Graphite Exports

Exports in CIS

In 2021, the amount of graphite (natural) exported in the CIS reduced markedly to X tons, waning by -19.8% on the previous year's figure. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 282%. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, graphite exports dropped to $X in 2021. In general, exports showed a slight downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 125% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Russia dominates exports structure, reaching X tons, which was approx. 97% of total exports in 2021. Belarus (X tons) took a little share of total exports.

Russia was also the fastest-growing in terms of the graphite (natural) exports, with a CAGR of +11.1% from 2012 to 2021. Belarus (-12.4%) illustrated a downward trend over the same period. While the share of Russia (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-14.6 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest graphite supplier in the CIS, comprising 89% of total exports. The second position in the ranking was held by Belarus ($X), with an 8.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +1.3%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, increasing by 7.2% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-0.9%).

Graphite Imports

Imports in CIS

Graphite imports skyrocketed to X tons in 2021, picking up by 41% compared with the previous year. Over the period under review, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 293%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, graphite imports skyrocketed to $X in 2021. Overall, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 72% 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

Russia was the major importer of graphite (natural) in the CIS, with the volume of imports accounting for X tons, which was near 64% of total imports in 2021. It was distantly followed by Tajikistan (X tons) and Kazakhstan (X tons), together generating a 27% share of total imports. The following importers - Belarus (X tons) and Kyrgyzstan (X tons) - together made up 6.7% of total imports.

Imports into Russia decreased at an average annual rate of -11.1% from 2012 to 2021. At the same time, Tajikistan (+39.2%) and Kazakhstan (+16.5%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +39.2% from 2012-2021. By contrast, Kyrgyzstan (-5.1%) and Belarus (-29.1%) illustrated a downward trend over the same period. While the share of Tajikistan (+14 p.p.) and Kazakhstan (+12 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belarus (-26.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported graphite (natural) in the CIS, comprising 85% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 7% share of total imports. It was followed by Belarus, with a 3.2% share.

In Russia, graphite imports plunged by an average annual rate of -6.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+10.8% per year) and Belarus (-25.1% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, declining by -10.2% against the previous year. In general, the import price, however, continues to indicate a tangible increase. The growth pace was the most rapid in 2016 when the import price increased by 104% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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