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

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

In 2021, the Greek artificial and colloidal graphite market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a perceptible reduction. Artificial and colloidal graphite consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

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

Exports from Greece

In 2021, shipments abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations decreased by -79.2% to X tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2019 with an increase of 101%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, artificial and colloidal graphite exports fell remarkably to $X in 2021. Overall, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2018 when exports increased by 64% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kosovo (X tons) was the main destination for artificial and colloidal graphite exports from Greece, with a 82% share of total exports. Moreover, artificial and colloidal graphite exports to Kosovo exceeded the volume sent to the second major destination, Liberia (X kg), tenfold. Malta (X kg) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kosovo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (+123.6% per year) and Malta (0.0% per year).

In value terms, Kosovo ($X) emerged as the key foreign market for artificial graphite, colloidal, semi-colloidal graphite and preparations exports from Greece, comprising 58% of total exports. The second position in the ranking was taken by Liberia ($X), with a 27% share of total exports. It was followed by Malta, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kosovo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Liberia (+128.5% per year) and Malta (0.0% per year).

Export Prices by Country

In 2021, the average artificial and colloidal graphite export price amounted to $X per ton, jumping by 103% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 106% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

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 Liberia ($X per ton), while the average price for exports to Kosovo ($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 the Netherlands (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Greece

In 2021, supplies from abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations decreased by -9.8% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of 8.2%. 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 skyrocketed to $X in 2021. Overall, imports saw a noticeable decline. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Norway (X tons) constituted the largest artificial and colloidal graphite supplier to Greece, accounting for a 69% share of total imports. Moreover, artificial and colloidal graphite imports from Norway exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from Norway amounted to -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.3% per year) and Germany (+4.1% per year).

In value terms, Norway ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Greece, comprising 50% of total imports. The second position in the ranking was taken by France ($X), with a 21% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to -8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.1% per year) and Germany (-4.5% per year).

Import Prices by Country

In 2021, the average artificial and colloidal graphite import price amounted to $X per ton, increasing by 28% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, artificial and colloidal graphite import price increased by +72.9% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($X per ton), while the price for Norway ($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 (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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