1. Overview of import and export data

In October 2024, China's flake graphite import volume was 414.3 tons, up 1478.11% month-on-month, with a total import value of 423848 US dollars and an average import price of 1023 US dollars / ton, down 76.96% month-on-month. The cumulative import volume from January to October 2024 was 20,100 tons, a decrease of 56,400 tons, or 73.68%, from the same period last year.

In October 2024, China's flake graphite export volume was 5543.584 tons, a decrease of 6.73% month-on-month, the total export value was US$4659540, and the average export price was US$840.52/ton, down 9.42% month-on-month. The cumulative export volume from January to October 2024 was 49,600 tons, a decrease of 15,800 tons or 24.23% from the same period last year.

2. Influencing factors

Imports: Imports in October increased by 1478.11% month-on-month, mainly from Madagascar. In October, the operating rate of domestic flake graphite declined, inventories decreased, and the demand for imports rose sharply.

Exports: Exports in October decreased by 6.73% month-on-month, mainly to Japan, South Korea, Germany and other countries. Foreign orders were relatively stable, and the export volume did not change much.

3. Import and export structure

3.1 Imports

3.1.1 Importing Country

In October 2024, China's flake graphite imports were ranked by Madagascar, Japan, and the United States. Among them, Madagascar's imports accounted for about 98.55% of the total imports of the month.

3.2 Exports

3.2.1 Exporting Country

In October 2024, China's flake graphite exports were ranked by production and marketing countries, and the top five were: Japan, South Korea, Germany, Italy and Indonesia. The combined exports of these five countries were 3,218.8 tonnes, accounting for about 58% of the total exports for the month.

3.2.2 Trade Methods

In October 2024, China's flake graphite exports were all in the form of general trade. The export volume of this trade method was 5543.584 tons.

4. Trend forecasting

In November 2024, China's flake graphite imports are expected to be around 400 tons, -3.45% month-on-month; The export volume is expected to be around 5,000 tons, about -9.81% month-on-month. Demand is expected to decrease in November, with a certain decline in import demand, and a decline in domestic supply in the fourth quarter, and exports are expected to decline.