Artificial Graphite Price in Estonia - 2023

Artificial Graphite Price in Estonia (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $6,270 per ton, surging by 88% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 155%. The import price peaked at $9,695 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($50,356 per ton), while the price for Finland ($636 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+8.1%), while the prices for the other major suppliers experienced a decline.

Artificial Graphite Price in Estonia (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $47,829 per ton, shrinking by -61.4% against the previous year. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 272%. As a result, the export price attained the peak level of $123,860 per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($215,154 per ton), while the average price for exports to Lithuania ($14,755 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 Belarus (+88.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Graphite Imports in Estonia

In 2022, supplies from abroad of artificial graphite decreased by -66% to 3.9 tons, falling for the second year in a row after two years of growth. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 5.5% against the previous year. As a result, imports reached the peak of 33 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, artificial graphite imports declined markedly to $24K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The smallest decline of -33.8% was in 2020.

Import of Artificial Graphite in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	N/A	2.1	5.8	13.4	152.6%
Sweden	N/A	7.3	1.8	8.2	6.0%
Finland	12.4	17.6	5.9	2.1	-44.7%
United Kingdom	278	159	N/A	N/A	-42.8%
Others	17.1	16.9	24.7	0.8	-64.0%
Total	307	203	38.1	24.4	-57.0%

Top Suppliers of Artificial Graphite to Estonia in 2022:

Finland (3230.0 kg)
Sweden (375.0 kg)
Latvia (267.0 kg)

Artificial Graphite Exports in Estonia

In 2022, shipments abroad of artificial graphite was finally on the rise to reach 82 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic descent.

In value terms, artificial graphite exports dropped remarkably to $3.9K in 2022. Overall, exports, however, showed a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 51%. As a result, the exports attained the peak of $190K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Artificial Graphite in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	7.3	5.5	2.8	-38.1%
Lithuania	29.7	59.8	N/A	0.8	-70.0%
Germany	0.3	N/A	N/A	0.3	0.0%
Latvia	15.4	2.7	N/A	N/A	-82.5%
Finland	80.9	120	1.6	N/A	-85.9%
Others	N/A	N/A	N/A	N/A	0%
Total	126	190	7.1	3.9	-68.6%