Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea - 2022

Contents:

1. Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea (CIF) - 2022
2. Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea (FOB) - 2022
3. Imports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea
4. Exports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea

Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea (CIF) - 2022

In 2022, the average import price for graphite; natural, in other forms, excluding powder or flakeses amounted to $2,166 per ton, which is down by -20.3% against the previous year. Over the period under review, the import price, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 132% against the previous year. As a result, import price attained the peak level of $2,719 per ton, and then shrank dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.4% per year.

Price for Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea (FOB) - 2022

In 2022, the average export price for graphite; natural, in other forms, excluding powder or flakeses amounted to $1,417 per ton, jumping by 48% against the previous year. Overall, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 85% against the previous year. As a result, the export price reached the peak level of $5,679 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($5,862 per ton), while the average price for exports to Indonesia ($1,023 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 Thailand (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea

In 2022, after two years of decline, there was significant growth in overseas purchases of graphite; natural, in other forms, excluding powder or flakeses, when their volume increased by 120% to 74 tons. In general, imports, however, continue to indicate a significant decline.

In value terms, imports of graphite; natural, in other forms, excluding powder or flakeses surged to $160K in 2022. Overall, imports, however, saw a dramatic contraction.

Top Suppliers of Graphite; Natural, in Other Forms, Excluding Powder or Flakes to South Korea in 2022:

1. China (73.3 tons)

Exports of Graphite; Natural, in Other Forms, Excluding Powder or Flakes in South Korea

In 2022, after three years of growth, there was significant decline in overseas shipments of graphite; natural, in other forms, excluding powder or flakeses, when their volume decreased by -73.8% to 73 tons. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 46%.

In value terms, exports of graphite; natural, in other forms, excluding powder or flakeses declined remarkably to $103K in 2022. Overall, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 112%. As a result, the exports reached the peak of $267K, and then dropped markedly in the following year.

Top Export Markets for Graphite; Natural, in Other Forms, Excluding Powder or Flakes from South Korea in 2022:

1. Indonesia (15.4 tons)
2. Vietnam (12.7 tons)
3. China (2.3 tons)
4. Bangladesh (1.6 tons)

Source: IndexBox Market Intelligence Platform