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

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

The Colombian artificial and colloidal graphite market soared to $X in 2021, surging by 34% 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). Over the period under review, consumption, however, saw a noticeable decline. Artificial and colloidal graphite consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

Exports from Colombia

In 2021, shipments abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations decreased by -50% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 185% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, artificial and colloidal graphite exports declined significantly to $X in 2021. In general, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 146% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for artificial and colloidal graphite exports from Colombia, accounting for a 71% share of total exports. Moreover, artificial and colloidal graphite exports to Ecuador exceeded the volume sent to the second major destination, Peru (X tons), sevenfold. The third position in this ranking was taken by Venezuela (X tons), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-35.0% per year) and Venezuela (-5.4% per year).

In value terms, Ecuador ($X) emerged as the key foreign market for artificial graphite, colloidal, semi-colloidal graphite and preparations exports from Colombia, comprising 72% of total exports. The second position in the ranking was taken by Mexico ($X), with a 6.6% share of total exports. It was followed by Venezuela, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ecuador totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+10.4% per year) and Venezuela (-19.7% per year).

Export Prices by Country

The average artificial and colloidal graphite export price stood at $X per ton in 2021, with a decrease of -33% against the previous year. In general, the export price faced a deep setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Peru ($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 Peru (+32.1%), while the prices for the other major destinations experienced a decline.

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

Imports into Colombia

In 2021, overseas purchases of artificial graphite, colloidal, semi-colloidal graphite and preparations increased by 42% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 43% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial and colloidal graphite imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a pronounced slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) was the main supplier of artificial and colloidal graphite to Colombia, accounting for a 90% share of total imports. It was followed by Spain (X tons), with a 2.9% share of total imports. The UK (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil amounted to +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+57.6% per year) and the UK (-13.5% per year).

In value terms, Brazil ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Colombia, comprising 74% of total imports. The second position in the ranking was held by the United States ($X), with a 6.9% share of total imports. It was followed by Spain, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.9% per year) and Spain (+28.7% per year).

Import Prices by Country

In 2021, the average artificial and colloidal graphite import price amounted to $X per ton, which is down by -9.7% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of 30%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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