Non-electrical graphite or carbon articles market in Spain

Earlier Report Observations

Between 2018 and 2024, the market volume for non-electrical graphite or carbon articles in Spain experienced significant fluctuations. Consumption peaked at 8 519 t in 2021, following a recovery from the previous year, but then gradually declined to 6 950 t by 2024. In contrast, the market's value demonstrated consistent growth from 2020 onward, rising from $200.3 million to $335.0 million, signaling a shift toward higher-value products.

In the latter years, this value growth was underpinned by industrial developments. Increased steel production in Europe boosted demand for graphite in electric arc furnaces and refractories. Concurrently, the expanding electric vehicle market in Spain fueled the need for synthetic and spherical graphite for lithium-ion batteries. These trends, alongside a broader industry move toward sustainable and low-carbon production methods, supported the market's rising average value even as physical volume slightly decreased.

Production non-electrical graphite or carbon articles in Spain

In value, 2017-2020, M $ US

In 2020, Spain's production of non-electrical graphite or carbon articles was valued at 140.8 million US dollars, marking a sharp decline of 42.6% compared to 2019. Over the period from 2017 to 2020, production fell by 45.1%, with a compound annual growth rate (CAGR) of -18.1%. The largest increase occurred in 2019, at 2.8%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, t

In 2020, Spain produced 2,210 tonnes of non-electrical graphite or carbon articles, representing a decrease of 42.1% from 2019. Between 2017 and 2020, production dropped by 44.1%, which translates to an annualized rate of -17.6%. The largest increase was recorded in 2019, at 2.1%.

Annual dynamics of production in Spain in kind, 2017-2020, t

Exports non-electrical graphite or carbon articles from Spain

Exports in kind, t

Following a two-year rise, Spain's exports of non-electrical graphite or carbon articles by volume declined. In 2020, exports totaled 3,196 tonnes, a steep drop of 38.8% from the previous year. Over the 2017-2020 period, exports decreased by 3.7%, with a CAGR of -1.2%. The peak volume was in 2019, at 5,220 tonnes, which also saw the largest increase of 44.4%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

From 2017 to 2020, Germany, France, and Brazil were the main buyers of non-electrical graphite or carbon articles from Spain, accounting for 33.7%, 21.4%, and 8.9% of exports in kind, respectively. Together, they made up 64.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

After a two-year gain, Spain's exports of non-electrical graphite or carbon articles by value declined. In 2020, exports reached 152.1 million US dollars, a decrease of 30.0% from the previous year. Over the 2017-2020 period, exports fell by 18.9%, with a CAGR of -6.7%. The highest value was recorded in 2019, at 217.3 million US dollars, which also experienced the largest increase of 8.4%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

Throughout 2017-2020, Germany, France, and the United States were the top markets for Spain's exports of non-electrical graphite or carbon articles in value terms, collectively accounting for 60.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports non-electrical graphite or carbon articles to Spain

Imports in kind, t

After a two-year increase, Spain's imports of non-electrical graphite or carbon articles by volume declined. In 2020, imports amounted to 7,764 tonnes, a slight decrease of 0.6% from 2019. Between 2017 and 2020, imports grew by 6.8%, equating to an annualized rate of 2.2%. The maximum volume was in 2019, at 7,764 tonnes, while the largest increase occurred in 2018, at 5.5%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

In the 2017-2020 period, Germany, the United States, and Denmark were the leading sources for Spain's imports of non-electrical graphite or carbon articles in kind, representing 22.1%, 17.7%, and 14.3% of imports, respectively. Together, they accounted for 54.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Following a two-year uptick, Spain's imports of non-electrical graphite or carbon articles by value declined. In 2020, imports were recorded at 211.6 million US dollars, a robust decrease of 24.9% from the previous year. Between 2017 and 2020, imports decreased by 11.5%, with an annualized rate of -4.0%. The peak value was in 2019, at 281.8 million US dollars, and the largest increase was in 2018, at 10.4%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

From 2017 to 2020, Germany, the United States, and France were the primary suppliers of non-electrical graphite or carbon articles to Spain in value terms, accounting for 28.1%, 23.2%, and 19.3% of imports, respectively. Collectively, they made up 70.6% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020