Thailand: 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 Thailand

In 2022, the Thai carbon for electrical purposes market decreased by -1% to $X, falling for the third consecutive year after four years of growth. Over the period under review, consumption continues to indicate a temperate increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Thailand

In 2022, shipments abroad of articles of graphite or other carbon for electrical purposes decreased by -12.9% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 46%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports declined remarkably to $X in 2022. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2017 when exports increased by 109%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Lao People's Democratic Republic (X tons) was the main destination for carbon for electrical purposes exports from Thailand, with a 53% share of total exports. Moreover, carbon for electrical purposes exports to Lao People's Democratic Republic exceeded the volume sent to the second major destination, China (X tons), threefold. Japan (X kg) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lao People's Democratic Republic totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-13.8% per year) and Japan (+15.6% per year).

In value terms, China ($X), Japan ($X) and Lao People's Democratic Republic ($X) constituted the largest markets for carbon for electrical purposes exported from Thailand worldwide, together comprising 80% of total exports. Malaysia, India, Myanmar, the United States, Oman, Cambodia, the United Arab Emirates and Indonesia lagged somewhat behind, together comprising a further 16%.

Myanmar, with a CAGR of +54.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average carbon for electrical purposes export price amounted to $X per ton, reducing by -53% against the previous year. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 133%. The export price peaked at $X per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Indonesia ($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 Oman (+64.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Thailand

In 2022, purchases abroad of articles of graphite or other carbon for electrical purposes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 64% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, carbon for electrical purposes imports declined to $X in 2022. Over the period under review, imports recorded a prominent increase. The growth pace was the most rapid in 2018 with an increase of 167% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), China (X tons) and Japan (X tons) were the main suppliers of carbon for electrical purposes imports to Thailand, together comprising 86% of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +17.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Japan ($X) and Indonesia ($X) constituted the largest carbon for electrical purposes suppliers to Thailand, together accounting for 91% of total imports.

China, with a CAGR of +23.5%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average carbon for electrical purposes import price amounted to $X per ton, with a decrease of -18.7% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2017 an increase of 122%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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