Norway: Graphite Market 2024

Graphite Market Size in Norway

In 2022, after two years of growth, there was significant decline in the Norwegian graphite market, when its value decreased by X% to $X. Over the period under review, consumption faced a drastic downturn. Graphite consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Graphite Production in Norway

In value terms, graphite production totaled $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Graphite production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Graphite Exports

Exports from Norway

In 2022, the amount of graphite (natural) exported from Norway surged to X tons, growing by X% on the previous year. In general, exports recorded temperate growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, graphite exports surged to $X in 2022. Overall, exports saw a pronounced increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for graphite exports from Norway, accounting for a X% share of total exports. Moreover, graphite exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by the Czech Republic (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the Czech Republic (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for graphite (natural) exports from Norway, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and China (X% per year).

Export Prices by Country

The average graphite export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a slight setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the UK ($X 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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Imports

Imports into Norway

In 2022, after three years of growth, there was decline in overseas purchases of graphite (natural), when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted modestly in the following year.

In value terms, graphite imports fell sharply to $X in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of graphite to Norway, accounting for a X% share of total imports. Moreover, graphite imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Austria (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of graphite (natural) to Norway, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Germany (X% per year).

Import Prices by Country

The average graphite import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Denmark ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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