Artificial Graphite Price in Norway - 2023

Artificial Graphite Price in Norway (FOB) - 2023

The average artificial graphite export price stood at $1,431 per ton in August 2023, with a decrease of -14% against the previous month. Overall, export price indicated moderate growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, artificial graphite export price decreased by -17.6% against April 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 19% month-to-month. The export price peaked at $1,736 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In August 2023, the countries with the highest prices were Poland ($1,461 per ton) and Spain ($1,425 per ton), while the average price for exports to the UK ($1,374 per ton) and the Netherlands ($1,409 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Graphite Price in Norway (CIF) - 2022

The average artificial graphite import price stood at $3,566 per ton in 2022, growing by 41% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($9,910 per ton), while the price for the UK ($1,228 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Exports in Norway

In 2022, overseas shipments of artificial graphite decreased by -38.3% to 9.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, the exports attained the peak of 15K tons, and then fell sharply in the following year.

In value terms, artificial graphite exports contracted rapidly to $9.8M in 2022. In general, exports recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $12M, and then declined notably in the following year.

Export of Artificial Graphite in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	3.3	2.4	3.0	2.7	-6.5%
Spain	2.1	1.8	2.1	2.0	-1.6%
Poland	1.3	1.1	1.6	1.7	9.4%
Turkey	0.8	0.5	1.0	1.5	23.3%
United Kingdom	1.5	0.7	1.1	0.8	-18.9%
Italy	0.6	0.7	1.2	0.5	-5.9%
Finland	0.3	0.1	0.3	0.2	-12.6%
Malaysia	N/A	0.6	N/A	N/A	0%
Others	0.8	1.1	1.3	0.4	-20.6%
Total	10.7	9.2	11.6	9.8	-2.9%

Top Export Markets for Artificial Graphite from Norway in 2022:

Netherlands (2.8K tons)
Spain (2.0K tons)
Turkey (1.3K tons)
Poland (1.3K tons)
United Kingdom (1.0K tons)
Italy (0.5K tons)
Finland (0.2K tons)

Artificial Graphite Imports in Norway

In 2022, overseas purchases of artificial graphite decreased by -18.2% to 882 tons, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2020 when imports increased by 111%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, artificial graphite imports surged to $3.1M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 decreased by -10.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Artificial Graphite in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	250	1,115	956	1,050	61.3%
Germany	145	172	381	745	72.6%
Netherlands	655	1,088	724	394	-15.6%
Poland	117	104	N/A	224	24.2%
Sweden	442	576	191	172	-27.0%
Russia	N/A	N/A	54.5	74.1	36.0%
United States	354	195	98.4	44.0	-50.1%
United Kingdom	46.0	83.1	32.9	32.9	-10.6%
India	N/A	36.9	157	32.7	-5.9%
United Arab Emirates	132	N/A	N/A	N/A	0%
Brazil	N/A	93.7	N/A	N/A	0%
Others	175	67.7	129	377	29.2%
Total	2,317	3,531	2,724	3,145	10.7%