In 2023, China dominated the global export of natural graphite, excluding powder or flakes, holding a significant market share of 94.72%. Despite a slight decrease of 5.92% from the previous year, China remains the unrivaled leader. Other notable exporters included Tanzania at 6.3% and Mexico at 1.8%. Brazil and Germany also contributed, albeit with a respective decline of 3.33% and 3.83%. Smaller exporters such as Madagascar showed growth with a 4.29% increase, while Thailand experienced a notable year-on-year growth of 14.09%, signaling emerging players in this market.
Future trends to watch involve the diversification of supply chains and emerging graphite production centers. As demand for graphite, an essential component in battery technology, continues to surge, countries like Tanzania and Madagascar could see increased export opportunities. Environmental and ethical sourcing will also drive shifts in global trade dynamics, potentially affecting exporters' market shares.
Top countries in Export of Natural Graphite, Except Powder or Flakes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 94.72 | 2023 | -4.69% | -5.92% | View data |
| 2 | 2 Tanzania | 6.3 | 2023 | +6.77% | +0.89% | View data |
| 3 | 3 Mexico | 1.8 | 2023 | +2.66% | +3.93% | View data |
| 4 | 4 Brazil | 1.67 | 2023 | -0.071% | -3.33% | View data |
| 5 | 5 Germany | 0.54 | 2023 | -6.57% | -3.83% | View data |
| 6 | 6 Poland | 0.25 | 2023 | -5.25% | -22.86% | View data |
| 7 | 7 South Africa | 0.13 | 2023 | +4.26% | -1.42% | View data |
| 8 | 8 Madagascar | 0.11 | 2023 | +2.17% | +4.29% | View data |
| 9 | 9 Thailand | 0.06 | 2023 | -2.95% | +14.09% | View data |
| 10 | 10 Uganda | 0.038 | 2023 | +6.49% | +2.83% | View data |
