Saudi Arabia: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Saudi Arabia

The Saudi graphite non-electrical articles market fell rapidly to $X in 2021, with a decrease of -24.8% against the previous year. Overall, consumption, however, showed a remarkable increase. Graphite non-electrical articles consumption peaked at $X in 2020, and then dropped markedly in the following year.

Graphite Non-Electrical Articles Production in Saudi Arabia

In value terms, graphite non-electrical articles production totaled $X in 2021 estimated in export price. In general, production posted resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 110% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports from Saudi Arabia

In 2021, after five years of growth, there was significant decline in overseas shipments of non-electrical articles of graphite or other carbon, when their volume decreased by -98.5% to X kg. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 9,371% against the previous year. The exports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, graphite non-electrical articles exports reduced remarkably to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 4,346%. Over the period under review, the exports hit record highs at $X in 2020, and then fell remarkably in the following year.

Exports by Country

The UK (X kg), Yemen (X kg) and Bahrain (X kg) were the main destinations of graphite non-electrical articles exports from Saudi Arabia, together comprising 63% of total exports. Japan, South Korea, Jordan and the United Arab Emirates lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +108.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X) emerged as the key foreign market for graphite non-electrical articles exports from Saudi Arabia, comprising 47% of total exports. The second position in the ranking was held by Jordan ($X), with an 18% share of total exports. It was followed by the United Arab Emirates, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Yemen amounted to +3,916.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+44.0% per year) and the United Arab Emirates (+59.1% per year).

Export Prices by Country

In 2021, the average graphite non-electrical articles export price amounted to $X per kg, growing by 1,087% against the previous year. Overall, the export price enjoyed measured growth. Over the period under review, the average export prices reached the peak figure at $X per kg in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Yemen ($X per kg), while the average price for exports to South Korea ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+10,095.8%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Saudi Arabia

In 2021, after two years of growth, there was significant decline in overseas purchases of non-electrical articles of graphite or other carbon, when their volume decreased by -91.8% to X tons. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1,137%. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, graphite non-electrical articles imports dropped remarkably to $X in 2021. Overall, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 85%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced remarkably in the following year.

Imports by Country

Italy (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of graphite non-electrical articles imports to Saudi Arabia, with a combined 33% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +17.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Italy ($X) and Germany ($X) constituted the largest graphite non-electrical articles suppliers to Saudi Arabia, together comprising 65% of total imports.

Italy, with a CAGR of +17.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average graphite non-electrical articles import price stood at $X per ton in 2021, surging by 388% against the previous year. Overall, the import price showed a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 415%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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