Artificial Graphite Price in Iran - 2021

Artificial Graphite Price in Iran (CIF) - 2022

The average artificial graphite import price stood at $287 per ton in 2022, which is down by -14.3% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 49%. As a result, import price reached the peak level of $1,296 per ton. From 2019 to 2022, the average 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 India ($295 per ton), while the price for Azerbaijan ($56 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-10.4%), while the prices for the other major suppliers experienced a decline.

Artificial Graphite Price in Iran (FOB) - 2022

The average artificial graphite export price stood at $2,017 per ton in 2022, growing by 11% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 40%. The export price peaked at $2,147 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2,012 per ton), while the average price for exports to India totaled $2,011 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Graphite Imports in Iran

In 2022, the amount of artificial graphite imported into Iran skyrocketed to 2.8K tons, with an increase of 111% against 2021 figures. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 162% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, artificial graphite imports surged to $805K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Graphite in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	135	222	302	559	60.6%
United Arab Emirates	63.3	56.5	51.5	113	21.3%
Azerbaijan	0.3	1.3	2.9	6.3	175.9%
Others	47.8	51.2	88.5	126	38.1%
Total	246	331	445	805	48.5%

Top Suppliers of Artificial Graphite to Iran in 2022:

China (2089.9 tons)
United Arab Emirates (472.9 tons)
Azerbaijan (112.7 tons)

Artificial Graphite Exports in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of artificial graphite, when their volume decreased by -10.4% to 50 tons. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 169% against the previous year.

In value terms, artificial graphite exports fell to $101K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 129%. As a result, the exports reached the peak of $102K, leveling off in the following year.