Hong Kong SAR, China: Market for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations 2024

Market Size for Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Hong Kong SAR, China

The Hong Kong artificial and colloidal graphite market soared to $X in 2021, with an increase of 52% against the previous year. Overall, consumption recorded resilient growth. Artificial and colloidal graphite consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Artificial Graphite, Colloidal, Semi-Colloidal Graphite and Preparations in Hong Kong SAR, China

In value terms, artificial and colloidal graphite production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw resilient growth. The growth pace was the most rapid in 2019 when the production volume increased by 68% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

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

Exports from Hong Kong SAR, China

In 2021, the amount of artificial graphite, colloidal, semi-colloidal graphite and preparations exported from Hong Kong SAR soared to X tons, increasing by 37% against 2020 figures. Overall, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, artificial and colloidal graphite exports expanded remarkably to $X in 2021. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 111% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for artificial and colloidal graphite exports from Hong Kong SAR, with a 88% share of total exports. Moreover, artificial and colloidal graphite exports to China exceeded the volume sent to the second major destination, the United States (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume to China totaled +11.0%.

In value terms, China ($X) remains the key foreign market for artificial graphite, colloidal, semi-colloidal graphite and preparations exports from Hong Kong SAR, comprising 85% of total exports. The second position in the ranking was held by the United States ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to +7.2%.

Export Prices by Country

The average artificial and colloidal graphite export price stood at $X per ton in 2021, reducing by -20.9% against the previous year. Over the period under review, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2019 an increase of 38% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2021, 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 amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.4%).

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

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of artificial graphite, colloidal, semi-colloidal graphite and preparations increased by 116% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial and colloidal graphite imports skyrocketed to $X in 2021. In general, imports posted a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 194% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), China (X tons) and Japan (X tons) were the main suppliers of artificial and colloidal graphite imports to Hong Kong SAR, together accounting for 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +72.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and the United States ($X) were the largest artificial and colloidal graphite suppliers to Hong Kong SAR, together comprising 85% of total imports.

Among the main suppliers, South Korea, with a CAGR of +41.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average artificial and colloidal graphite import price amounted to $X per ton, dropping by -36.2% against the previous year. In general, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 108%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 the UK ($X per ton), while the price for South Korea ($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 UK (+34.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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