The natural graphite market value in Mexico exhibited varied trends over the historical data period. The market size experienced fluctuations with an overall declining trend from $23.638 million in 2012 to $13.195 million in 2022. There were notable peaks in 2013 and slight recovery in 2021. The period from 2012 to 2020 showed a consistent downward trend, with sharp drops observed during 2014, 2015, and 2020. Over the past five years, the market's Compound Annual Growth Rate (CAGR) remained negative, signaling continued reductions. During the last two years, there was a minor recovery followed by a slight decrease, suggesting potential volatility in the market.
- 2012: -2.15% year-on-year variation
- 2013: 5.62% year-on-year variation
- 2014: -11.26% year-on-year variation
- 2015: -17.22% year-on-year variation
- 2016: -4.08% year-on-year variation
- 2017: -4.26% year-on-year variation
- 2018: -7.67% year-on-year variation
- 2019: -2.68% year-on-year variation
- 2020: -20.62% year-on-year variation
- 2021: 15.1% year-on-year variation
- 2022: -4.58% year-on-year variation
Looking ahead, it is essential to monitor trends such as advancements in battery technology, changes in demand from the electric vehicle sector, and potential supply chain disruptions which could impact the natural graphite market. Shifts in regulations and the development of synthetic alternatives could also play significant roles in market dynamics. Given the recent recovery, there might be opportunities for market stabilization or incremental growth if these positive influences outweigh any potential negative impacts.
| # | 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% | |
| 6 | 6 Thailand | 11,405,000 | 2023 | +1.66% | +2.88% | View data |
| 7 | 7 Belgium | 8,109,400 | 2023 | -7.39% | -6.24% | View data |
