Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria - 2022
Contents:
- Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (CIF) - 2022
- Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (FOB) - 2022
- Imports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria
- Exports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria
Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (CIF) - 2022
In 2022, the average import price for graphite; natural, in other forms, excluding powder or flakeses amounted to $360 per ton, declining by -95.6% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 493% against the previous year. The import price peaked at $20,125 per ton in 2019; however, from 2020 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 the United States ($5,097 per ton), while the price for India ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+150.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (FOB) - 2022
In 2022, the average export price for graphite; natural, in other forms, excluding powder or flakeses amounted to $23,000 per ton, surging by 71% against the previous year. Overall, the export price showed significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 1,639% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($32,000 per ton), while the average price for exports to Niger totaled $881 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+113.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria
In 2022, the amount of graphite; natural, in other forms, excluding powder or flakeses imported into Nigeria soared to 72 tons, surging by 3,054% on the previous year's figure. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,663% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of graphite; natural, in other forms, excluding powder or flakeses soared to $26K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 2,921% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 1.9 | 7.3 | 11.2 | 282.6% |
| United States | 0.2 | 4.7 | 6.6 | 8.7 | 251.7% |
| India | 0.1 | 2.7 | 3.9 | 5.0 | 268.4% |
| Others | N/A | 5.3 | 1.1 | 1.0 | -56.6% |
| Total | 0.5 | 14.6 | 18.9 | 25.9 | 272.8% |
Top Suppliers of Graphite; Natural, in Other Forms, Excluding Powder or Flakes to Nigeria in 2022:
- India (5.5 tons)
- China (4.1 tons)
- United States (1.7 tons)
Exports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria
For the third year in a row, Nigeria recorded decline in overseas shipments of graphite; natural, in other forms, excluding powder or flakeses, which decreased by -75% to 3 kg in 2022. Overall, exports showed a dramatic downturn.
In value terms, exports of graphite; natural, in other forms, excluding powder or flakeses declined notably to $69 in 2022. In general, exports recorded a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 13%.
| Export of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 1,143 | 101 | 58.0 | 37.0 | -68.1% |
| South Africa | 213 | 41.0 | 56.0 | 32.0 | -46.8% |
| Others | N/A | 1.0 | 47.0 | N/A | 4600.0% |
| Total | 1,356 | 143 | 161 | 69.0 | -62.9% |
Top Export Markets for Graphite; Natural, in Other Forms, Excluding Powder or Flakes from Nigeria in 2022:
- Niger (42.0 kg)
- South Africa (1.0 kg)
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This report provides an in-depth analysis of the graphite market in Nigeria.
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This report provides an in-depth analysis of the graphite market in Nigeria.
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This report provides an in-depth analysis of the global graphite market.
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Global natural graphite production rose by 3.5% y/y to 1M tons in 2021. China recorded the most prominent output growth, increasing production by 7.6% to 820K tons.
802
In 2020, most countries suspended mines since the pandemic started. However, natural graphite production is projected to grow, driven by increasing demand from the electric vehicle industry.
1010
In 2017, the global natural graphite market amounted to X tons, rising by X% against 2016. Market volume increased ...
