Finland: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Finland

The Finnish graphite non-electrical articles market dropped significantly to $X in 2022, falling by -37.7% against the previous year. In general, consumption, however, recorded measured growth. Over the period under review, the market reached the maximum level at $X in 2021, and then plummeted in the following year.

Graphite Non-Electrical Articles Production in Finland

In value terms, graphite non-electrical articles production declined remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 with an increase of 398% against the previous year. Graphite non-electrical articles production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Graphite Non-Electrical Articles Exports

Exports from Finland

Graphite non-electrical articles exports from Finland fell notably to X tons in 2022, which is down by -41.9% compared with 2021. Over the period under review, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 488% against the previous year. As a result, the exports reached the peak of X tons, and then declined rapidly in the following year.

In value terms, graphite non-electrical articles exports contracted remarkably to $X in 2022. Overall, exports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2021 when exports increased by 268% against the previous year. As a result, the exports attained the peak of $X, and then contracted remarkably in the following year.

Exports by Country

China (X tons) was the main destination for graphite non-electrical articles exports from Finland, with a 84% share of total exports. Moreover, graphite non-electrical articles exports to China exceeded the volume sent to the second major destination, Italy (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +60.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+32.1% per year) and Germany (-7.2% per year).

In value terms, China ($X) remains the key foreign market for non-electrical articles of graphite or other carbon exports from Finland, comprising 70% of total exports. The second position in the ranking was held by Germany ($X), with a 6.2% share of total exports. It was followed by Italy, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-17.5% per year) and Italy (+23.7% per year).

Export Prices by Country

The average graphite non-electrical articles export price stood at $X per ton in 2022, rising by 9.4% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Finland

In 2022, approx. X tons of non-electrical articles of graphite or other carbon were imported into Finland; declining by -16% compared with 2021 figures. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of X tons, and then fell notably in the following year.

In value terms, graphite non-electrical articles imports shrank notably to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2022, Hungary (X tons) constituted the largest graphite non-electrical articles supplier to Finland, with a 36% share of total imports. Moreover, graphite non-electrical articles imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary totaled +131.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+21.0% per year) and China (+22.5% per year).

In value terms, the largest graphite non-electrical articles suppliers to Finland were France ($X), Hungary ($X) and Germany ($X), together comprising 48% of total imports. The UK, Japan, the United States, Sweden, Mexico and China lagged somewhat behind, together accounting for a further 15%.

Mexico, with a CAGR of +114.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average graphite non-electrical articles import price amounted to $X per ton, shrinking by -8.9% against the previous year. In general, the import price saw a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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