Middle East: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in the Middle East

The Middle Eastern graphite non-electrical articles market expanded significantly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a prominent expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Graphite Non-Electrical Articles Production in the Middle East

In value terms, graphite non-electrical articles production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; afterwards, it flattened through to 2022.

Graphite Non-Electrical Articles Exports

Exports in the Middle East

In 2022, approx. X tons of non-electrical articles of graphite or other carbon were exported in the Middle East; picking up by X% on 2021. In general, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, graphite non-electrical articles exports skyrocketed to $X in 2022. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of non-electrical articles of graphite or other carbon, namely Turkey, represented more than two-thirds of total export.

Turkey was also the fastest-growing in terms of the non-electrical articles of graphite or other carbon exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest graphite non-electrical articles supplier in the Middle East.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Graphite Non-Electrical Articles Imports

Imports in the Middle East

In 2022, the amount of non-electrical articles of graphite or other carbon imported in the Middle East surged to X tons, with an increase of X% on 2021 figures. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, graphite non-electrical articles imports surged to $X in 2022. Overall, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Turkey represented the largest importer of non-electrical articles of graphite or other carbon in the Middle East, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Saudi Arabia (X tons) ranks second in terms of the total imports with a X% share, followed by Israel (X%) and the United Arab Emirates (X%).

Turkey was also the fastest-growing in terms of the non-electrical articles of graphite or other carbon imports, with a CAGR of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) and Israel (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported non-electrical articles of graphite or other carbon in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, graphite non-electrical articles imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, 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 the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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