Artificial Graphite Price in Thailand - 2023

Contents:

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

Artificial Graphite Price in Thailand (CIF) - 2023

The average artificial graphite import price stood at $798 per ton in July 2023, rising by 8.8% against the previous month. Over the period under review, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in November 2022 an increase of 55% month-to-month. As a result, import price reached the peak level of $1,352 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,619 per ton), while the price for Malaysia ($518 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Artificial Graphite Price in Thailand (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $6,804 per ton, jumping by 86% against the previous year. Over the period under review, the export price posted a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 569%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($53,743 per ton), while the average price for exports to Singapore ($928 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 Taiwan (Chinese) (+99.6%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Graphite Imports in Thailand

For the fourth year in a row, Thailand recorded growth in purchases abroad of artificial graphite, which increased by 8.4% to 33K tons in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 120% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, artificial graphite imports soared to $33M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Artificial Graphite to Thailand in 2022:

1. China (20.2K tons)
2. Malaysia (9.9K tons)
3. United Arab Emirates (1.2K tons)
4. New Zealand (1.0K tons)
5. Japan (0.5K tons)

Artificial Graphite Exports in Thailand

In 2022, the amount of artificial graphite exported from Thailand contracted significantly to 24 tons, which is down by -60.3% against 2021 figures. Over the period under review, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 2.8% against the previous year.

In value terms, artificial graphite exports reduced notably to $164K in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. As a result, the exports attained the peak of $223K, and then declined remarkably in the following year.

Top Export Markets for Artificial Graphite from Thailand in 2022:

1. Papua New Guinea (14.2 tons)
2. Vietnam (4.3 tons)
3. Singapore (4.0 tons)
4. Malaysia (0.7 tons)
5. South Africa (0.6 tons)

Source: IndexBox Market Intelligence Platform