Central Asia: Graphite Market 2024

Graphite Market Size in Central Asia

The Central Asian graphite market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption showed a significant increase. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Graphite Production in Central Asia

In value terms, graphite production skyrocketed to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Graphite Exports

Exports in Central Asia

Graphite exports reduced notably to X kg in 2022, waning by X% against the previous year's figure. Over the period under review, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, graphite exports shrank rapidly to $X in 2022. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mongolia represented the key exporting country with an export of around X kg, which accounted for X% of total exports. It was distantly followed by Kazakhstan (X kg), making up a X% share of total exports.

Mongolia was also the fastest-growing in terms of the graphite (natural) exports, with a CAGR of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Mongolia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Mongolia ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Mongolia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%).

Graphite Imports

Imports in Central Asia

In 2022, imports of graphite (natural) in Central Asia skyrocketed to X tons, growing by X% compared with 2021. Overall, imports continue to indicate resilient growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, graphite imports surged to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Tajikistan was the major importer of graphite (natural) in Central Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), Kyrgyzstan (X tons), Uzbekistan (X tons) and Mongolia (X tons), together making up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to graphite imports into Tajikistan stood at X%. At the same time, Mongolia (X%), Uzbekistan (X%), Kazakhstan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Tajikistan, Uzbekistan and Mongolia increased by X, X and X percentage points, respectively.

In value terms, the largest graphite importing markets in Central Asia were Tajikistan ($X), Uzbekistan ($X) and Kazakhstan ($X), together accounting for X% of total imports. Kyrgyzstan and Mongolia lagged somewhat behind, together accounting for a further X%.

Mongolia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, saw a pronounced contraction. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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