Malaysia: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Malaysia

In 2021, the Malaysian graphite non-electrical articles market decreased by -2.5% to $X, falling for the third consecutive year after three years of growth. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.8% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Graphite Non-Electrical Articles Production in Malaysia

In value terms, graphite non-electrical articles production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a temperate increase. The most prominent rate of growth was recorded in 2018 with an increase of 60%. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Graphite Non-Electrical Articles Exports

Exports from Malaysia

In 2021, overseas shipments of non-electrical articles of graphite or other carbon were finally on the rise to reach X tons after two years of decline. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 188% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, graphite non-electrical articles exports skyrocketed to $X in 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 213% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for graphite non-electrical articles exports from Malaysia, with a 49% share of total exports. Moreover, graphite non-electrical articles exports to Singapore exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Canada (X tons) 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 Singapore amounted to +66.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+85.1% per year) and Canada (+40.6% per year).

In value terms, the largest markets for graphite non-electrical articles exported from Malaysia were Canada ($X), Singapore ($X) and the Philippines ($X), with a combined 41% share of total exports.

In terms of the main countries of destination, the Philippines, with a CAGR of +133.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average graphite non-electrical articles export price amounted to $X per ton, surging by 5.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Singapore ($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 UK (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Malaysia

For the third year in a row, Malaysia recorded decline in supplies from abroad of non-electrical articles of graphite or other carbon, which decreased by -1.2% to X tons in 2021. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 103% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, graphite non-electrical articles imports fell notably to $X in 2021. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 78% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

South Korea (X tons), China (X tons) and Hungary (X tons) were the main suppliers of graphite non-electrical articles imports to Malaysia, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +103.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constituted the largest supplier of graphite non-electrical articles to Malaysia, comprising 34% of total imports. The second position in the ranking was taken by the UK ($X), with a 17% share of total imports. It was followed by the United States, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea stood at +31.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+40.8% per year) and the United States (-4.9% per year).

Import Prices by Country

The average graphite non-electrical articles import price stood at $X per ton in 2021, declining by -19.1% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2020 when the average import price increased by 60%. 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.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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