Singapore: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2025

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Singapore

In 2022, the Singaporean carbon for electrical purposes market increased by 1,886% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Singapore

In value terms, carbon for electrical purposes production dropped remarkably to $X in 2022 estimated in export price. Overall, production showed a perceptible setback. The pace of growth appeared the most rapid in 2018 with an increase of 336%. Carbon for electrical purposes production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Singapore

In 2022, approx. X tons of articles of graphite or other carbon for electrical purposes were exported from Singapore; increasing by 63% against the previous year. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, carbon for electrical purposes exports skyrocketed to $X in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +126.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for carbon for electrical purposes exports from Singapore, with a 52% share of total exports. Moreover, carbon for electrical purposes exports to China exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was held by Taiwan (Chinese) (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +53.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+3.4% per year) and Taiwan (Chinese) (+20.8% per year).

In value terms, China ($X) remains the key foreign market for articles of graphite or other carbon for electrical purposes exports from Singapore, comprising 54% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 14% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +53.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-1.7% per year) and Taiwan (Chinese) (+16.9% per year).

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, waning by -17.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 Thailand ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Singapore

In 2022, supplies from abroad of articles of graphite or other carbon for electrical purposes increased by 1,487% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes imports soared to $X in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Japan (X tons) was the main carbon for electrical purposes supplier to Singapore, with a 91% share of total imports. Moreover, carbon for electrical purposes imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled +48.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.1% per year) and Germany (+17.5% per year).

In value terms, Japan ($X) constituted the largest supplier of articles of graphite or other carbon for electrical purposes to Singapore, comprising 92% of total imports. The second position in the ranking was held by China ($X), with a 2.3% share of total imports. It was followed by Germany, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan stood at +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.5% per year) and Germany (+20.0% per year).

Import Prices by Country

The average carbon for electrical purposes import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2018 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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