Graphite Prices, Trend, Chart, Analysis and Demand | IMARC Group

The latest report by IMARC Group, titled “Graphite Prices Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of price trends. This report delves into the Price of Graphite globally, presenting a detailed analysis, along with Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to provide context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecasting, making this Graphite Prices report an invaluable resource for industry stakeholders.

Graphite Prices by The End of Last Quarter: 

• United States: 1164 USD/MT
• China: 864 USD/MT
• Germany: 889 USD/MT

Report Offering: 

• Monthly Updates: Annual Subscription
• Quarterly Updates: Annual Subscription
• Biannually Updates: Annual Subscription

Request For a Sample Copy of the Report: https://www.imarcgroup.com/graphite-pricing-report/requestsample

Graphite Price Trends by The End of Last Quarter

The growing demand for graphite due to the rising adoption of lithium-ion batteries is offering a favorable market outlook. People are increasingly preferring electric vehicles (EVs) and renewable energy storage solutions. Graphite plays a vital role as the primary material in battery anodes, making it indispensable in the production of EVs, aligning with the global push toward sustainable energy. In addition, the steel manufacturing industry uses graphite in electric arc furnaces and as a refractory material, which is contributing to the market’s expansion. Apart from this, the use of graphite in advanced technologies, such as nuclear reactors and fuel cells, is expanding its market reach. It has a high thermal conductivity and resistance to heat, which makes it valuable in these applications. Environmental regulations favoring the development of alternative materials for energy storage and industrial processes are also encouraging investment in the graphite market. Synthetic graphite, which is increasingly preferred for its consistency in quality, is witnessing heightened production.  

Factors Influencing Graphite Prices and Industry in the Different Regions

In North America

In the second quarter of 2024, graphite prices in the North American region experienced a marked decline, largely driven by a blend of critical factors. Supply chain disruptions, combined with decreased demand due to geopolitical tensions and economic uncertainties, created a negative pricing environment. Oversupply in the market further intensified this issue, particularly in the USA, where the most significant price reductions have occurred. Moreover, logistics inefficiencies, including increased freight rates and shipping delays, have compounded supply-side pressures, further pushing down prices.

In Asia Pacific Regions

In Q2 2024, the Asia Pacific graphite market witnessed a significant downturn on account of high supply levels, overshadowing demand from key sectors like electric vehicles and electronics. Additionally, international trade policies, such as tariffs and export controls, complicated market dynamics, amplifying the negative sentiment. China saw the most pronounced price drops due to excess supply and stagnant demand.

In Europe Regions

In Europe, Q2 2024 was marked by falling graphite prices, influenced by a combination of rising production costs due to energy fluctuations and inflation, and weak demand. The European Union's Critical Raw Materials Act led to short-term oversupply as domestic production ramped up. Germany faced significant declines in graphite demand, particularly from the automotive and construction sectors.  

Regional Price Analysis: 

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us: 

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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