Hong Kong SAR, China - Articles Of Graphite Or Other Carbon For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Articles Of Graphite Or Other Carbon For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Carbon for Electrical Purposes in Hong Kong SAR - 2023

Contents:

  1. Price for Carbon for Electrical Purposes in Hong Kong SAR (FOB) - 2023
  2. Price for Carbon for Electrical Purposes in Hong Kong SAR (CIF) - 2022
  3. Exports of Carbon for Electrical Purposes in Hong Kong SAR
  4. Imports of Carbon for Electrical Purposes in Hong Kong SAR

Price for Carbon for Electrical Purposes in Hong Kong SAR (FOB) - 2023

In August 2023, the average carbon for electrical purposes export price amounted to $442K per ton, remaining constant against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 133% against the previous month. As a result, the export price reached the peak level of $1.1M per ton. From October 2022 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the United States ($1.9M per ton), while the average price for exports to China stood at $202K per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.5%).

Price for Carbon for Electrical Purposes in Hong Kong SAR (CIF) - 2022

In 2022, the average carbon for electrical purposes import price amounted to $207,921 per ton, reducing by -4.6% against the previous year. Overall, the import price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2020 an increase of 123%. Over the period under review, average import prices attained the maximum at $217,890 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($336,445 per ton), while the price for South Korea ($35,684 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+50.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Carbon for Electrical Purposes in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in shipments abroad of articles of graphite or other carbon for electrical purposes, when their volume decreased by -13.1% to 525 tons. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of 604 tons, and then fell in the following year.

In value terms, carbon for electrical purposes exports reduced sharply to $13M in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, the exports attained the peak of $16M, and then fell markedly in the following year.

Export of Carbon for Electrical Purposes in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.08.611.110.49.1%
China4.04.44.52.3-16.8%
Others1.00.20.10.1-53.6%
Total13.113.215.712.9-0.5%

Top Export Markets for Carbon for Electrical Purposes from Hong Kong SAR in 2022:

  1. United States (507.4 tons)
  2. China (16.4 tons)

Imports of Carbon for Electrical Purposes in Hong Kong SAR

In 2022, carbon for electrical purposes imports into Hong Kong SAR declined to 26 tons, falling by -14.6% on 2021 figures. Over the period under review, imports showed a precipitous slump.

In value terms, carbon for electrical purposes imports shrank markedly to $5.5M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%.

Import of Carbon for Electrical Purposes in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.43.75.54.82.9%
Japan0.11.10.50.458.7%
United States0.30.10.20.2-12.6%
Germany0.30.30.30.1-30.7%
South Korea0.10.70.2N/A41.4%
Others0.10.10.1N/A0.0%
Total5.36.06.85.51.2%

Top Suppliers of Carbon for Electrical Purposes to Hong Kong SAR in 2022:

  1. China (19.1 tons)
  2. United States (3.5 tons)
  3. Germany (1.4 tons)
  4. Japan (1.1 tons)
  5. South Korea (1.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for carbon for electrical purposes in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27901390 - Articles of graphite or other carbon for electrical purposes (excluding carbon electrodes and brushes)

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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