The natural graphite market in Thailand displayed fluctuating trends from 2012 to 2022, beginning with a consistent growth rate between 2012 and 2013. Significant variations occurred, such as the downturns in 2014 and 2015, followed by a rebound in 2016 and 2017. The market faced another drop in 2018, but proceeded to grow from 2019 to 2022, peaking in 2022 with a value of $11.219 million. Key observations include a notable dip in 2020 and substantial recovery in 2021. Over the past five years, the market showed an average yearly variation (CAGR) of around 1.35%.
Future trends to watch in the natural graphite market include increased demand driven by advancements in electric vehicles, energy storage, and renewable industries. The expectation of sustainable production practices and technological innovations may also play crucial roles in the market's growth trajectory moving forward. Environmental regulations and geopolitical factors could present both challenges and opportunities that would shape the market dynamics over the coming years.
| # | 9 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 112,030,000 | 2023 | +2.17% | +2.55% | View data |
| 2 | 2 Canada | 31,753,000 | 2023 | +0.25% | -0.048% | View data |
| 3 | 3 Italy | 31,511,000 | 2023 | -0.3% | -0.77% | View data |
| 4 | 4 France | 23,298,000 | 2023 | -1.3% | -2.57% | View data |
| 5 | 5 Mexico | 12,574,000 | 2023 | -4.71% | -4.16% | View data |
| 6 | 6 Thailand | 11,405,000 | 2023 | +1.66% | +2.88% | |
| 7 | 7 Belgium | 8,109,400 | 2023 | -7.39% | -6.24% | View data |
| 8 | 8 Switzerland | 2,849,400 | 2023 | -0.77% | -0.81% | View data |
