Republic of Korea - Articles Of Graphite Or Other Carbon For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Republic of Korea - 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 South Korea - 2022

Contents:

  1. Price for Carbon for Electrical Purposes in South Korea (CIF) - 2022
  2. Price for Carbon for Electrical Purposes in South Korea (FOB) - 2022
  3. Imports of Carbon for Electrical Purposes in South Korea
  4. Exports of Carbon for Electrical Purposes in South Korea

Price for Carbon for Electrical Purposes in South Korea (CIF) - 2022

In 2022, the average carbon for electrical purposes import price amounted to $167,867 per ton, waning by -22.4% against the previous year. In general, the import price, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 97% against the previous year. Over the period under review, average import prices reached the maximum at $229,318 per ton in 2020; however, from 2021 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 UK ($483,475 per ton), while the price for France ($25,001 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbon for Electrical Purposes in South Korea (FOB) - 2022

In 2022, the average carbon for electrical purposes export price amounted to $10,979 per ton, jumping by 42% against the previous year. In general, the export price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $32,541 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 the UK ($59,066 per ton), while the average price for exports to Turkey ($2,542 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 the UK (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbon for Electrical Purposes in South Korea

In 2022, carbon for electrical purposes imports into South Korea surged to 362 tons, rising by 38% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbon for electrical purposes imports rose notably to $61M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Carbon for Electrical Purposes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.513.314.220.439.6%
Germany16.121.821.615.8-0.6%
United States6.77.29.113.024.7%
China4.43.45.56.212.1%
Japan3.94.95.85.19.4%
France0.20.1N/AN/A-50.0%
India0.10.10.1N/A0.0%
Others0.60.10.40.2-30.7%
Total39.650.956.760.815.4%

Top Suppliers of Carbon for Electrical Purposes to South Korea in 2022:

  1. United States (164.0 tons)
  2. Germany (66.3 tons)
  3. Japan (43.3 tons)
  4. United Kingdom (42.2 tons)
  5. China (40.0 tons)
  6. India (2.4 tons)
  7. France (0.7 tons)

Exports of Carbon for Electrical Purposes in South Korea

In 2022, approx. 2.9K tons of articles of graphite or other carbon for electrical purposes were exported from South Korea; with a decrease of -14.4% on 2021 figures. The total export volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 3.4K tons, and then reduced in the following year.

In value terms, carbon for electrical purposes exports surged to $32M in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Carbon for Electrical Purposes in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.83.96.28.011.3%
United Kingdom0.20.51.86.5219.1%
Russia3.03.34.53.44.3%
Japan0.90.61.41.723.6%
Norway1.41.72.51.64.6%
Poland0.91.42.31.518.6%
United States0.70.81.11.116.3%
Slovakia0.50.80.51.026.0%
Netherlands0.10.30.40.8100.0%
TajikistanN/A0.1N/A0.7164.6%
Turkey0.60.30.40.4-12.6%
Hungary0.40.50.70.40.0%
Uzbekistan0.10.10.30.344.2%
Others2.92.44.04.616.6%
Total17.716.826.231.921.7%

Top Export Markets for Carbon for Electrical Purposes from South Korea in 2022:

  1. China (711.9 tons)
  2. Russia (664.7 tons)
  3. Norway (233.3 tons)
  4. Poland (209.2 tons)
  5. Turkey (140.7 tons)
  6. United Kingdom (110.1 tons)
  7. Netherlands (94.5 tons)
  8. Slovakia (86.8 tons)
  9. Uzbekistan (79.3 tons)
  10. Japan (72.1 tons)
  11. Tajikistan (69.2 tons)
  12. United States (54.1 tons)
  13. Hungary (52.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for carbon for electrical purposes in Republic of Korea. 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:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • 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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