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

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

The MENA's artificial and colloidal graphite market was estimated at $X in 2021, surging by 7.3% against the previous year. Over the period under review, consumption, however, showed a mild decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, artificial and colloidal graphite production shrank to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 26%. As a result, production reached the peak level of $X, and then fell in the following year.

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

Exports in MENA

In 2021, after two years of decline, there was significant growth in overseas shipments of artificial graphite, colloidal, semi-colloidal graphite and preparations, when their volume increased by 57% to X tons. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 206%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, artificial and colloidal graphite exports soared to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 82% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the key exporter of artificial graphite, colloidal, semi-colloidal graphite and preparations in MENA, with the volume of exports resulting at X tons, which was near 52% of total exports in 2021. It was distantly followed by Kuwait (X tons), Turkey (X tons), Saudi Arabia (X tons) and Bahrain (X tons), together creating a 42% share of total exports. Iran (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to artificial and colloidal graphite exports from the United Arab Emirates stood at +38.8%. At the same time, Kuwait (+121.3%), Bahrain (+35.6%), Iran (+12.8%), Turkey (+8.5%) and Saudi Arabia (+5.4%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in MENA, with a CAGR of +121.3% from 2012-2021. While the share of the United Arab Emirates (+37 p.p.), Kuwait (+20 p.p.) and Bahrain (+3.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iran (-3.8 p.p.), Turkey (-14.7 p.p.) and Saudi Arabia (-20.1 p.p.) displayed negative dynamics.

In value terms, the largest artificial and colloidal graphite supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Bahrain ($X), together comprising 77% of total exports. Saudi Arabia, Kuwait and Iran lagged somewhat behind, together accounting for a further 19%.

In terms of the main exporting countries, Kuwait, with a CAGR of +61.2%, saw 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 export price in MENA amounted to $X per ton, which is down by -11.9% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 42% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+3.0%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in MENA

In 2021, the amount of artificial graphite, colloidal, semi-colloidal graphite and preparations imported in MENA stood at X tons, increasing by 12% compared with 2020. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 21%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, artificial and colloidal graphite imports rose remarkably to $X in 2021. In general, imports, however, continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of 23%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) represented the key importer of artificial graphite, colloidal, semi-colloidal graphite and preparations, making up 51% of total imports. The United Arab Emirates (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (10%), Iran (8.5%) and Egypt (5.2%). The following importers - Bahrain (X tons) and Oman (X tons) - each recorded a 6.2% share of total imports.

Turkey was also the fastest-growing in terms of the artificial graphite, colloidal, semi-colloidal graphite and preparations imports, with a CAGR of +14.6% from 2012 to 2021. At the same time, the United Arab Emirates (+13.1%), Bahrain (+4.0%), Oman (+3.6%), Egypt (+2.1%) and Iran (+1.4%) displayed positive paces of growth. By contrast, Saudi Arabia (-10.7%) illustrated a downward trend over the same period. While the share of Turkey (+30 p.p.) and the United Arab Emirates (+7.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Iran (-1.7 p.p.) and Saudi Arabia (-28.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported artificial graphite, colloidal, semi-colloidal graphite and preparations in MENA, comprising 53% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 11% share of total imports. It was followed by Saudi Arabia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +10.8%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+8.3% per year) and Saudi Arabia (-22.2% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, waning by -3% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform