South-Eastern Asia: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in South-Eastern Asia

The Southeast Asian graphite non-electrical articles market totaled $X in 2022, surging by 11% against the previous year. In general, consumption posted significant growth. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Graphite Non-Electrical Articles Production in South-Eastern Asia

In value terms, graphite non-electrical articles production rose notably to $X in 2022 estimated in export price. Over the period under review, production showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 93% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Graphite Non-Electrical Articles Exports

Exports in South-Eastern Asia

In 2022, exports of non-electrical articles of graphite or other carbon in South-Eastern Asia fell significantly to X tons, which is down by -24.9% on 2021 figures. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, graphite non-electrical articles exports shrank markedly to $X in 2022. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 141% against the previous year. The level of export peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Indonesia was the major exporting country with an export of about X tons, which recorded 50% of total exports. Malaysia (X tons) held the second position in the ranking, distantly followed by Singapore (X tons) and Vietnam (X tons). All these countries together held near 50% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +33.0%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 95% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +44.7%, saw the highest growth rate of 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

The export price in South-Eastern Asia stood at $X per ton in 2022, with an increase of 8.3% against the previous year. Over the period under review, the export price posted significant growth. The pace of growth was the most pronounced in 2014 when the export price increased by 116%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.5%), while the other leaders experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of non-electrical articles of graphite or other carbon increased by 3.7% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 39%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, graphite non-electrical articles imports fell slightly to $X in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted modestly in the following year.

Imports by Country

The purchases of the four major importers of non-electrical articles of graphite or other carbon, namely Vietnam, Malaysia, Thailand and Singapore, represented more than two-thirds of total import. It was distantly followed by Indonesia (X tons), generating a 9.9% share of total imports. The following importers - Myanmar (X tons) and the Philippines (X tons) - each resulted at a 4.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +35.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest graphite non-electrical articles importing markets in South-Eastern Asia were Vietnam ($X), Singapore ($X) and Malaysia ($X), together accounting for 75% of total imports. Thailand, Indonesia, the Philippines and Myanmar lagged somewhat behind, together comprising a further 25%.

Among the main importing countries, Myanmar, with a CAGR of +34.6%, recorded the highest rates of growth with regard to 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, waning by -6.3% against the previous year. Import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, graphite non-electrical articles import price decreased by -12.1% against 2020 indices. The growth pace was the most rapid in 2017 when the import price increased by 35%. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+20.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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