Africa: Graphite Market 2024

Graphite Market Size in Africa

The African graphite market shrank remarkably to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a abrupt downturn. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Graphite Production in Africa

In value terms, graphite production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Graphite Exports

Exports in Africa

In 2022, the amount of graphite (natural) exported in Africa skyrocketed to X tons, picking up by X% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, graphite exports soared to $X in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Mozambique represented the main exporter of graphite (natural) in Africa, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Madagascar (X tons), committing a X% share of total exports.

Mozambique was also the fastest-growing in terms of the graphite (natural) exports, with a CAGR of X% from 2012 to 2022. At the same time, Madagascar (X%) displayed positive paces of growth. While the share of Mozambique (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Madagascar (X p.p.) displayed negative dynamics.

In value terms, the largest graphite supplying countries in Africa were Mozambique ($X) and Madagascar ($X).

Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, shrinking by X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while Mozambique stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%).

Graphite Imports

Imports in Africa

In 2022, the amount of graphite (natural) imported in Africa was estimated at X tons, increasing by X% against the year before. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, graphite imports skyrocketed to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons) was the main importer of graphite (natural), comprising X% of total imports. It was distantly followed by Tanzania (X tons), Nigeria (X tons), Congo (X tons) and Madagascar (X tons), together achieving a X% share of total imports. The following importers - Morocco (X tons), Algeria (X tons), Egypt (X tons), Burundi (X tons), Burkina Faso (X tons) and Sudan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to graphite imports into South Africa stood at X%. At the same time, Burkina Faso (X%), Congo (X%), Sudan (X%), Madagascar (X%), Algeria (X%), Nigeria (X%), Morocco (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) and Burundi (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Nigeria, Congo, Madagascar, Tanzania, Algeria, Morocco and Burkina Faso increased by X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported graphite (natural) in Africa, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Tanzania (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, graphite import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burundi (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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