Price for Graphite; Natural, in Powder or in Flakes in Thailand - 2024

Contents:

1. Price for Graphite; Natural, in Powder or in Flakes in Thailand (CIF) - 2024
2. Price for Graphite; Natural, in Powder or in Flakes in Thailand (FOB) - 2022
3. Imports of Graphite; Natural, in Powder or in Flakes in Thailand
4. Exports of Graphite; Natural, in Powder or in Flakes in Thailand

Price for Graphite; Natural, in Powder or in Flakes in Thailand (CIF) - 2024

In September 2023, the average import price for graphite; natural, in powder or in flakeses amounted to $2,449 per ton, surging by 66% against the previous month. In general, the import price showed a significant expansion. The growth pace was the most rapid in July 2023 an increase of 339% m-o-m. Over the period under review, average import prices hit record highs in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($5,579 per ton), while the price for China ($1,897 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+39.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Graphite; Natural, in Powder or in Flakes in Thailand (FOB) - 2022

The average export price for graphite; natural, in powder or in flakeses stood at $1,273 per ton in 2022, shrinking by -20.7% against the previous year. Over the period under review, the export price, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 495% against the previous year. The export price peaked at $4,612 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($5,046 per ton), while the average price for exports to Singapore ($1,162 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 Myanmar (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Graphite; Natural, in Powder or in Flakes in Thailand

In 2022, supplies from abroad of graphite; natural, in powder or in flakeses decreased by -45.1% to 3.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of 6K tons, and then declined markedly in the following year.

In value terms, imports of graphite; natural, in powder or in flakeses dropped significantly to $3.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of $3.9M, and then fell remarkably in the following year.

Top Suppliers of Graphite; Natural, in Powder or in Flakes to Thailand in 2022:

1. South Korea (1031.7 tons)
2. China (825.1 tons)
3. Russia (645.1 tons)
4. Japan (290.3 tons)
5. Malaysia (282.1 tons)
6. Germany (93.1 tons)

Exports of Graphite; Natural, in Powder or in Flakes in Thailand

In 2022, approx. 77 tons of graphite; natural, in powder or in flakeses were exported from Thailand; growing by 68% on the previous year's figure. Over the period under review, exports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 400% against the previous year.

In value terms, exports of graphite; natural, in powder or in flakeses skyrocketed to $98K in 2022. Overall, exports, however, continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 209%.

Top Export Markets for Graphite; Natural, in Powder or in Flakes from Thailand in 2022:

1. Singapore (57.6 tons)
2. Myanmar (17.4 tons)
3. Vietnam (1.6 tons)

Source: IndexBox Market Intelligence Platform