Artificial Graphite Price in Serbia - 2023

Artificial Graphite Price in Serbia (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $6,418 per ton, surging by 31% against the previous year. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 169% against the previous year. The import price peaked at $6,630 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($33,271 per ton), while the price for Slovenia ($1,543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Price in Serbia (FOB) - 2022

The average artificial graphite export price stood at $10,866 per ton in 2022, rising by 236% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Israel ($79,152 per ton), while the average price for exports to North Macedonia amounted to $3,070 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-5.0%).

Artificial Graphite Imports in Serbia

In 2022, approx. 92 tons of artificial graphite were imported into Serbia; picking up by 17% against 2021. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, artificial graphite imports soared to $589K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Artificial Graphite in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	243	190	134	146	-15.6%
China	20.4	41.4	10.2	139	89.6%
Germany	67.9	86.1	119	95.8	12.2%
Slovakia	20.2	18.3	40.0	72.2	52.9%
Croatia	0.8	N/A	N/A	65.5	334.2%
Slovenia	15.4	23.1	23.7	34.0	30.2%
Spain	13.7	5.3	40.4	21.4	16.0%
Others	33.5	13.7	13.5	14.9	-23.7%
Total	415	378	382	589	12.4%

Top Suppliers of Artificial Graphite to Serbia in 2022:

Germany (28.5 tons)
Slovenia (22.1 tons)
Italy (19.4 tons)
China (10.6 tons)
Croatia (4.3 tons)
Spain (4.1 tons)
Slovakia (2.2 tons)

Artificial Graphite Exports in Serbia

Artificial graphite exports from Serbia skyrocketed to 1.1 tons in 2022, picking up by 81% against the previous year's figure. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 100,550%. As a result, the exports reached the peak of 2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, artificial graphite exports surged to $12K in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 172,167%. The exports peaked in 2022 and are likely to continue growth in the near future.