Eastern Asia: Graphite Market 2024

Graphite Market Size in Eastern Asia

After two years of decline, the East Asian graphite market increased by X% to $X in 2022. The total consumption indicated a perceptible increase 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. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Graphite Production in Eastern Asia

In value terms, graphite production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Graphite Exports

Exports in Eastern Asia

In 2022, graphite exports in Eastern Asia dropped to X tons, declining by X% on 2021 figures. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, graphite exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

China dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. Democratic People's Republic of Korea (X tons) held a little share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of graphite (natural). At the same time, Democratic People's Republic of Korea (X%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Democratic People's Republic of Korea increased by X percentage points.

In value terms, China ($X) remains the largest graphite supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with a X% share of total exports.

In China, graphite exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price 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, graphite export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea amounted to $X per ton.

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

Graphite Imports

Imports in Eastern Asia

In 2022, the amount of graphite (natural) imported in Eastern Asia skyrocketed to X tons, increasing by X% on the year before. Over the period under review, imports continue to indicate a prominent increase. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, graphite imports surged to $X in 2022. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

China represented the major importer of graphite (natural) in Eastern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. Japan (X tons) took the second position in the ranking, followed by South Korea (X tons). All these countries together took near X% share of total imports. Taiwan (Chinese) (X tons) took a minor share of total imports.

China was also the fastest-growing in terms of the graphite (natural) imports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese) and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest graphite importing markets in Eastern Asia were South Korea ($X), China ($X) and Japan ($X), with a combined X% share of total imports.

In terms of the main importing countries, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 Eastern Asia stood at $X per ton in 2022, falling by X% against the previous year. Import price indicated modest growth from 2012 to 2022: its price 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, graphite import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the import prices remained at a 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 South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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