The global export landscape for natural graphite, excluding powder or flakes, is predominantly led by China, accounting for approximately 70% of the market share in 2024, despite a 4.28% year-on-year decline. Other significant contributors include Tanzania and the United States, with slight fluctuations in their shares. Germany showed notable growth of over 7% year-on-year, indicating a strengthening position. Noteworthy contractions were seen in Poland, Belgium, and Romania with more than 25% reductions. Over the past five years, the compound annual growth rate has reflected diverse regional trends and structural shifts in the graphite export market.
Looking ahead, several future trends are expected to influence the global exports of natural graphite.
- Technological advancements and increased demand for electric vehicles are expected to drive growth in countries focused on graphite mining and production efficiency.
- Issues surrounding supply chain stability and environmental sustainability are likely to affect global distribution, potentially altering the market shares of different countries.
- China's market dominance might face challenges due to changing geopolitical dynamics and investing in alternative sources by other countries.
- Emerging players with growing mining capabilities, such as Tanzania, could enhance their export shares substantially.
Top countries in Export of Natural Graphite, Except Powder or Flakes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 69.91 | 2023 | -1.56% | -4.28% | View data |
| 2 | 2 Tanzania | 9.27 | 2023 | +6.8% | +0.96% | View data |
| 3 | 3 United States | 8.88 | 2023 | -3.62% | -1.5% | View data |
| 4 | 4 Brazil | 3.78 | 2023 | +1.16% | -1.91% | View data |
| 5 | 5 Germany | 2.91 | 2023 | -2.74% | +7.02% | View data |
| 6 | 6 United Kingdom | 2.19 | 2023 | -1.11% | -0.12% | View data |
| 7 | 7 Spain | 1.59 | 2023 | -3.75% | -6.19% | View data |
| 8 | 8 Mexico | 1.36 | 2023 | +4.01% | +4.23% | View data |
| 9 | 9 Sweden | 0.84 | 2023 | +4.6% | +3.77% | View data |
| 10 | 10 Poland | 0.81 | 2023 | -7.7% | -25.22% | View data |
