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

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

The Hungarian artificial and colloidal graphite market soared to $X in 2021, increasing by 87% against the previous year. In general, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, artificial and colloidal graphite production totaled $X in 2021 estimated in export price. Overall, production faced a dramatic slump. The growth pace was the most rapid in 2015 when the production volume increased by 29% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

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

Exports from Hungary

In 2021, overseas shipments of artificial graphite, colloidal, semi-colloidal graphite and preparations were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 92% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, artificial and colloidal graphite exports surged to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 430%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for artificial and colloidal graphite exports from Hungary, accounting for a 80% share of total exports. Moreover, artificial and colloidal graphite exports to Austria exceeded the volume sent to the second major destination, China (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Austria totaled +41.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+77.2% per year) and Germany (-17.7% per year).

In value terms, Austria ($X) remains the key foreign market for artificial graphite, colloidal, semi-colloidal graphite and preparations exports from Hungary, comprising 65% of total exports. The second position in the ranking was held by China ($X), with a 6.6% share of total exports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Austria amounted to +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+79.6% per year) and the UK (+137.2% per year).

Export Prices by Country

The average artificial and colloidal graphite export price stood at $X per ton in 2021, with a decrease of -25.7% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 an increase of 767%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Austria ($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 Czech Republic (+47.0%), 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 Hungary

In 2021, the amount of artificial graphite, colloidal, semi-colloidal graphite and preparations imported into Hungary skyrocketed to X tons, rising by 91% compared with the previous year. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 126%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, artificial and colloidal graphite imports surged to $X in 2021. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 87% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest artificial and colloidal graphite supplier to Hungary, accounting for a 79% share of total imports. Moreover, artificial and colloidal graphite imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +187.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+160.3% per year) and Germany (+4.7% per year).

In value terms, China ($X) constituted the largest supplier of artificial graphite, colloidal, semi-colloidal graphite and preparations to Hungary, comprising 72% of total imports. The second position in the ranking was taken by Austria ($X), with a 12% share of total imports. It was followed by South Korea, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +190.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+19.7% per year) and South Korea (+140.2% per year).

Import Prices by Country

The average artificial and colloidal graphite import price stood at $X per ton in 2021, falling by -7.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2013 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 Austria ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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