Artificial Graphite Price in Sri Lanka - 2021

Contents:

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

Artificial Graphite Price in Sri Lanka (CIF) - 2022

The average artificial graphite import price stood at $1,164 per ton in 2022, declining by -3.1% against the previous year. In general, the import price recorded a slight shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 48%. As a result, import price attained the peak level of $1,799 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 India ($2,368 per ton), while the price for the United States ($298 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced a decline.

Artificial Graphite Price in Sri Lanka (FOB) - 2022

The average artificial graphite export price stood at $1,276 per ton in 2022, shrinking by -39.3% against the previous year. In general, the export price, however, saw a slight increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 84%. Over the period under review, the average export prices attained the maximum at $2,711 per ton in 2015; however, from 2016 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 United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.4% per year.

Artificial Graphite Imports in Sri Lanka

Artificial graphite imports into Sri Lanka soared to 337 tons in 2022, with an increase of 21% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, artificial graphite imports surged to $393K in 2022. Overall, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Artificial Graphite in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16312819129922.4%
India10634.511885.7-6.8%
United States3.62.82.20.4-51.9%
Others26.619.724.97.3-35.0%
Total3001853363939.4%

Top Suppliers of Artificial Graphite to Sri Lanka in 2022:

  1. China (299.6 tons)
  2. India (36.2 tons)
  3. United States (1.4 tons)

Artificial Graphite Exports in Sri Lanka

Artificial graphite exports from Sri Lanka surged to 158 tons in 2022, picking up by 316% on the previous year. Overall, exports posted a pronounced increase.

In value terms, artificial graphite exports skyrocketed to $202K in 2022. In general, exports enjoyed a temperate expansion.

Export of Artificial Graphite in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18823479.92022.4%
OmanN/A89.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total18832479.92022.4%

Top Export Markets for Artificial Graphite from Sri Lanka in 2022:

  1. United States (158.1 tons)

Source: IndexBox Market Intelligence Platform

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