Artificial Graphite Price in Saudi Arabia - 2021

Contents:

1. Artificial Graphite Price in Saudi Arabia (CIF) - 2022
2. Artificial Graphite Price in Saudi Arabia (FOB) - 2022
3. Artificial Graphite Imports in Saudi Arabia
4. Artificial Graphite Exports in Saudi Arabia

Artificial Graphite Price in Saudi Arabia (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $3,589 per ton, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $4,469 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($4,361 per ton), while the price for China ($1,353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+91.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Price in Saudi Arabia (FOB) - 2022

The average artificial graphite export price stood at $1,096 per ton in 2022, with a decrease of -8% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. The export price peaked at $3,105 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +27.0% per year.

Artificial Graphite Imports in Saudi Arabia

Artificial graphite imports into Saudi Arabia surged to 3.7K tons in 2022, with an increase of 191% against 2021. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 247%. As a result, imports attained the peak of 6.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, artificial graphite imports surged to $13M in 2022. Over the period under review, imports saw a significant increase.

Top Suppliers of Artificial Graphite to Saudi Arabia in 2022:

1. United States (2512.8 tons)
2. China (700.6 tons)
3. Germany (130.6 tons)

Artificial Graphite Exports in Saudi Arabia

Artificial graphite exports from Saudi Arabia dropped markedly to 285 tons in 2022, shrinking by -32.8% compared with 2021. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 191% against the previous year.

In value terms, artificial graphite exports dropped significantly to $312K in 2022. In general, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 323%.

Top Export Markets for Artificial Graphite from Saudi Arabia in 2022:

1. United Kingdom (285.1 tons)

Source: IndexBox Market Intelligence Platform