Artificial Graphite Price in Mexico - 2023

Artificial Graphite Price in Mexico (CIF) - 2023

The average artificial graphite import price stood at $1,963 per ton in June 2023, dropping by -37.4% against the previous month. Overall, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in May 2023 an increase of 136% against the previous month. As a result, import price reached the peak level of $3,136 per ton, and then declined notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($2,527 per ton), while the price for the United States stood at $1,616 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Price in Mexico (FOB) - 2023

The average artificial graphite export price stood at $1,637 per ton in May 2023, falling by -37.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 197% m-o-m. Over the period under review, the average export prices hit record highs at $4,049 per ton in October 2022; however, from November 2022 to May 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 the United States.

From May 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to -0.4% per month.

Artificial Graphite Imports in Mexico

In 2022, the amount of artificial graphite imported into Mexico reduced to 15K tons, waning by -11.1% compared with the year before. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year.

In value terms, artificial graphite imports skyrocketed to $27M in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year.

Import of Artificial Graphite in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	17.1	10.7	15.6	21.0	7.1%
China	2.6	3.8	3.7	3.5	10.4%
France	2.6	N/A	0.3	1.3	-20.6%
Spain	9.0	N/A	N/A	N/A	0%
Others	2.3	0.7	1.3	0.9	-26.9%
Total	33.5	15.2	20.9	26.6	-7.4%

Top Suppliers of Artificial Graphite to Mexico in 2022:

United States (11.3K tons)
China (2.7K tons)
France (0.4K tons)

Artificial Graphite Exports in Mexico

Artificial graphite exports from Mexico skyrocketed to 26K tons in 2022, growing by 849% on 2021 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial graphite exports skyrocketed to $29M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.