Turkey: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Turkey

The Turkish graphite non-electrical articles market was estimated at $X in 2021, approximately equating the previous year. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.1% against 2019 indices. Graphite non-electrical articles consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Graphite Non-Electrical Articles Production in Turkey

In value terms, graphite non-electrical articles production reached $X in 2021 estimated in export price. Over the period under review, production recorded a deep setback. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Graphite Non-Electrical Articles Exports

Exports from Turkey

In 2021, shipments abroad of non-electrical articles of graphite or other carbon decreased by -23.6% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 172% against the previous year. The exports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, graphite non-electrical articles exports shrank sharply to $X in 2021. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 161% against the previous year. The exports peaked at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

Spain (X tons) was the main destination for graphite non-electrical articles exports from Turkey, accounting for a 68% share of total exports. Moreover, graphite non-electrical articles exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), eightfold. The third position in this ranking was held by the UK (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +216.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.3% per year) and the UK (+11.4% per year).

In value terms, Spain ($X) remains the key foreign market for graphite non-electrical articles exports from Turkey, comprising 63% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Ireland, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +219.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.2% per year) and Ireland (+5.0% per year).

Export Prices by Country

In 2021, the average graphite non-electrical articles export price amounted to $X per ton, rising by 2% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2016 an increase of 9.4%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ireland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Graphite Non-Electrical Articles Imports

Imports into Turkey

In 2021, after seven years of growth, there was significant decline in supplies from abroad of non-electrical articles of graphite or other carbon, when their volume decreased by -18.4% to X tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 111%. Over the period under review, imports attained the maximum at X tons in 2020, and then contracted significantly in the following year.

In value terms, graphite non-electrical articles imports declined to $X in 2021. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 69%. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

Hungary (X tons), Germany (X tons) and China (X tons) were the main suppliers of graphite non-electrical articles imports to Turkey, with a combined 71% share of total imports. These countries were followed by the United States, Hong Kong SAR, Spain, Poland and the UK, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were in Hong Kong SAR (with a CAGR of +231.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and the United States ($X) constituted the largest graphite non-electrical articles suppliers to Turkey, together accounting for 64% of total imports. China, Spain, the UK, Hong Kong SAR and Poland lagged somewhat behind, together accounting for a further 24%.

Hong Kong SAR, with a CAGR of +221.5%, recorded the highest growth rate of the value of imports, among 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 2021, the average graphite non-electrical articles import price amounted to $X per ton, growing by 8% against the previous year. Overall, the import price, however, saw a abrupt downturn. The import price peaked 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 UK ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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