Key Market Indicators
Hungary's graphite import is expected to reach $14.3 million by 2026, growing at a 5.2% year-on-year CAGR. Since 1997, demand has increased 153%. In 2021, Hungary ranked 10th globally, behind Belgium's $10.5 million. South Korea, the US and Germany followed in second, third and fourth place respectively. In 2018, Hungarian graphite export was $423, a 48.5% drop from 2017's $821. Since 2004, supply has decreased by more than half (53.7%). Hungary was 67th in 2018, with Mongolia in the lead at $423. Brazil, Germany and the US placed second, third and fourth respectively.
