Europe: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Europe

In 2022, the Europe carbon for electrical purposes market increased by 23% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Europe

In value terms, carbon for electrical purposes production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 21% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports in Europe

In 2022, shipments abroad of articles of graphite or other carbon for electrical purposes decreased by -31.2% to X tons, falling for the fourth year in a row after two years of growth. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 14%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, carbon for electrical purposes exports fell sharply to $X in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 when exports increased by 38% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), the UK (X tons), Ukraine (X tons), Spain (X tons) and Poland (X tons) represented the largest exporters of articles of graphite or other carbon for electrical purposes, together committing 86% of total exports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of +3.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X) remains the largest carbon for electrical purposes supplier in Europe, comprising 51% of total exports. The second position in the ranking was held by the UK ($X), with a 15% share of total exports. It was followed by France, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to -8.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (-0.6% per year) and France (+3.0% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, with an increase of 6.8% against the previous year. Over the period under review, the export price posted a prominent increase. The growth pace was the most rapid in 2020 an increase of 26%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+16.7%), while the other leaders experienced more modest paces of growth.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports in Europe

In 2022, overseas purchases of articles of graphite or other carbon for electrical purposes increased by 51% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes imports expanded remarkably to $X in 2022. Overall, imports recorded a modest expansion. The growth pace was the most rapid in 2018 with an increase of 29%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Norway prevails in imports structure, amounting to X tons, which was near 83% of total imports in 2022. Russia (X tons) held the second position in the ranking, followed by Spain (X tons). All these countries together took approx. 11% share of total imports.

Norway was also the fastest-growing in terms of the articles of graphite or other carbon for electrical purposes imports, with a CAGR of +4.9% from 2012 to 2022. Russia and Spain experienced a relatively flat trend pattern. Norway (+13 p.p.) significantly strengthened its position in terms of the total imports, while Spain and Russia saw its share reduced by -1.8% and -2% from 2012 to 2022, respectively.

In value terms, the largest carbon for electrical purposes importing markets in Europe were Spain ($X), Norway ($X) and Russia ($X), with a combined 43% share of total imports.

Norway, with a CAGR of +5.0%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, with a decrease of -24.9% against the previous year. Over the period under review, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in 2014 when the import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform