Artificial Graphite Price in Hong Kong SAR - 2023

Contents:

1. Artificial Graphite Price in Hong Kong SAR (FOB) - 2023
2. Artificial Graphite Price in Hong Kong SAR (CIF) - 2022
3. Artificial Graphite Exports in Hong Kong SAR
4. Artificial Graphite Imports in Hong Kong SAR

Artificial Graphite Price in Hong Kong SAR (FOB) - 2023

In June 2023, the average artificial graphite export price amounted to $22,502 per ton, which is down by -7.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 169% m-o-m. The export price peaked at $50,236 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -0.8% per month.

Artificial Graphite Price in Hong Kong SAR (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $29,322 per ton, jumping by 235% against the previous year. Overall, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($40,805 per ton), while the price for Japan ($4,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+39.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Exports in Hong Kong SAR

In 2022, exports of artificial graphite from Hong Kong SAR shrank dramatically to 211 tons, which is down by -55.6% compared with 2021 figures. Overall, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports attained the peak of 477 tons, and then shrank remarkably in the following year.

In value terms, artificial graphite exports shrank rapidly to $4M in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 204% against the previous year. As a result, the exports reached the peak of $7.2M, and then reduced remarkably in the following year.

Top Export Markets for Artificial Graphite from Hong Kong SAR in 2022:

1. China (198.9 tons)
2. South Korea (9.0 tons)
3. United States (2.9 tons)

Artificial Graphite Imports in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in supplies from abroad of artificial graphite, when their volume decreased by -81.4% to 95 tons. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of 513 tons, and then reduced rapidly in the following year.

In value terms, artificial graphite imports declined notably to $2.8M in 2022. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 20%.

Top Suppliers of Artificial Graphite to Hong Kong SAR in 2022:

1. United States (61.4 tons)
2. Japan (22.0 tons)
3. China (8.6 tons)
4. Sweden (3.3 tons)

Source: IndexBox Market Intelligence Platform