Artificial Graphite Price in Belgium - 2023

Contents:

  1. Artificial Graphite Price in Belgium (FOB) - 2023
  2. Artificial Graphite Price in Belgium (CIF) - 2023
  3. Artificial Graphite Exports in Belgium
  4. Artificial Graphite Imports in Belgium

Artificial Graphite Price in Belgium (FOB) - 2023

The average artificial graphite export price stood at $10,270 per ton in June 2023, with a decrease of -13.6% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 163% m-o-m. Over the period under review, the average export prices attained the peak figure at $11,883 per ton in May 2023, and then contracted in the following month.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was China ($50,180 per ton), while the average price for exports to Germany ($6,283 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Graphite Price in Belgium (CIF) - 2023

The average artificial graphite import price stood at $3,280 per ton in June 2023, waning by -33% against the previous month. Overall, the import price showed a deep contraction. The pace of growth was the most pronounced in August 2022 when the average import price increased by 107% m-o-m. The import price peaked at $6,969 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($10,305 per ton), while the price for Brazil ($958 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Exports in Belgium

For the fourth consecutive year, Belgium recorded growth in shipments abroad of artificial graphite, which increased by 39% to 4.9K tons in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 755%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, artificial graphite exports soared to $32M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 264% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Artificial Graphite in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.12.84.98.1332.7%
Germany0.12.04.83.9239.1%
Italy0.32.43.03.2120.1%
NetherlandsN/A1.11.72.962.4%
United KingdomN/A1.61.31.99.0%
SpainN/A1.11.91.931.4%
China0.50.21.21.750.4%
TurkeyN/A0.40.10.3-13.4%
Others3.55.06.68.534.4%
Total4.616.625.532.391.5%

Top Export Markets for Artificial Graphite from Belgium in 2022:

  1. France (1059.1 tons)
  2. Italy (913.9 tons)
  3. Netherlands (907.8 tons)
  4. Germany (457.9 tons)
  5. United Kingdom (457.8 tons)
  6. Spain (278.6 tons)
  7. China (221.3 tons)
  8. Turkey (177.4 tons)

Artificial Graphite Imports in Belgium

In 2022, supplies from abroad of artificial graphite decreased by -2.1% to 5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year.

In value terms, artificial graphite imports soared to $29M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 165%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Artificial Graphite in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.25.57.210.6275.6%
United States2.03.46.310.071.0%
CanadaN/A3.23.13.20.0%
China0.90.80.71.723.6%
Switzerland0.41.01.21.140.1%
India0.60.70.60.810.1%
Germany0.80.60.70.6-9.1%
MexicoN/A0.20.70.441.4%
United Kingdom0.50.70.60.4-7.2%
South AfricaN/A0.10.5N/A400.0%
Others0.90.60.50.5-17.8%
Total6.316.822.129.467.1%

Top Suppliers of Artificial Graphite to Belgium in 2022:

  1. United States (1498.0 tons)
  2. Japan (1221.2 tons)
  3. China (732.1 tons)
  4. Germany (323.4 tons)
  5. Canada (292.7 tons)
  6. Mexico (274.6 tons)
  7. United Kingdom (201.8 tons)
  8. Switzerland (183.3 tons)
  9. India (123.1 tons)
  10. South Africa (19.7 tons)

Source: IndexBox Market Intelligence Platform

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