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

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

In 2021, the Finnish artificial and colloidal graphite market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Finland

In value terms, artificial and colloidal graphite production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 24% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

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

Exports from Finland

In 2021, overseas shipments of artificial graphite, colloidal, semi-colloidal graphite and preparations decreased by -6.1% to X tons, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 119% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, artificial and colloidal graphite exports rose rapidly to $X in 2021. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when exports increased by 92% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Latvia (X tons), Estonia (X tons) and the United States (X tons) were the main destinations of artificial and colloidal graphite exports from Finland, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +26.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for artificial and colloidal graphite exported from Finland were Estonia ($X), Latvia ($X) and the United States ($X), with a combined 83% share of total exports.

Estonia, with a CAGR of +8.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average artificial and colloidal graphite export price amounted to $X per ton, jumping by 16% against the previous year. In general, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 124%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the United States ($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 India (+11.3%), while the prices for the other major destinations experienced a decline.

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

Imports into Finland

In 2021, supplies from abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations increased by 8.5% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 46% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, artificial and colloidal graphite imports expanded rapidly to $X in 2021. Overall, imports showed modest growth. The pace of growth appeared the most rapid in 2013 with an increase of 23% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) was the main artificial and colloidal graphite supplier to Finland, with a 92% share of total imports. Moreover, artificial and colloidal graphite imports from Norway exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.0% per year) and Germany (-10.0% per year).

In value terms, Norway ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Finland, comprising 80% of total imports. The second position in the ranking was taken by Sweden ($X), with a 6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-5.7% per year) and Germany (-12.1% per year).

Import Prices by Country

The average artificial and colloidal graphite import price stood at $X per ton in 2021, surging by 2.5% against the previous year. In general, the import price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 7.1% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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