South-Eastern Asia: Graphite Market 2024

Graphite Market Size in South-Eastern Asia

The Southeast Asian graphite market soared to $X in 2021, jumping by 18% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Graphite Production in South-Eastern Asia

In value terms, graphite production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 54%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Graphite Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of graphite (natural) increased by 5.9% to X tons, rising for the third year in a row after four years of decline. Over the period under review, exports posted a resilient increase. The growth pace was the most rapid in 2014 with an increase of 115% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, graphite exports declined notably to $X in 2021. In general, exports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2014 when exports increased by 60% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Lao People's Democratic Republic (X tons) represented the largest exporter of graphite (natural), creating 61% of total exports. Vietnam (X tons) ranks second in terms of the total exports with a 31% share, followed by Malaysia (4.6%). The following exporters - Thailand (X tons) and Singapore (X tons) - each resulted at a 3.4% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Lao People's Democratic Republic (with a CAGR of +48.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest graphite supplying countries in South-Eastern Asia were Lao People's Democratic Republic ($X), Vietnam ($X) and Malaysia ($X), with a combined 64% share of total exports.

Malaysia, with a CAGR of +45.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, shrinking by -45.8% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by 43%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Lao People's Democratic Republic ($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 (+3.8%), while the other leaders experienced more modest paces of growth.

Graphite Imports

Imports in South-Eastern Asia

In 2021, approx. X tons of graphite (natural) were imported in South-Eastern Asia; growing by 6% against the year before. In general, imports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when imports increased by 116% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, graphite imports soared to $X in 2021. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 50% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) and Malaysia (X tons) were the main importers of graphite (natural) in South-Eastern Asia, together resulting at approx. 69% of total imports. Indonesia (X tons) ranks next in terms of the total imports with an 18% share, followed by the Philippines (7.1%). The following importers - Myanmar (X tons) and Vietnam (X tons) - each resulted at a 5.4% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of +18.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest graphite importing markets in South-Eastern Asia were Thailand ($X), Indonesia ($X) and Vietnam ($X), together accounting for 86% of total imports. Malaysia, the Philippines and Myanmar lagged somewhat behind, together comprising a further 11%.

In terms of the main importing countries, Myanmar, with a CAGR of +11.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 14% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, graphite import price increased by +64.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when the import price increased by 45%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+13.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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