Carbon Fibre Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Carbon Fibre in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Carbon Fibre Price Trend for the First Half of 2023

Carbon Fibre is primarily consumed by the manufacturing industries in the aerospace, military, and automotive sectors. So, the prices vary according to the downstream demands posed by these industries.

Carbon Fibre Price Chart

Carbon Fibre Price Trends

Please Login or Subscribe to Access the Carbon Fibre Price Chart Data
 

The Carbon Fibre market experienced mixed price sentiments throughout the said period. The prices had risen for a long time in the previous quarters owing to the high global inflation and the Russia – Ukraine conflict, which also led to an increase in demand for armed equipment.

As the manufacturing sector restarted after a long halt, the supply increased in the market, which directly impacted the Carbon Fibre price trend. Since the freight mediums started normalizing and new supply chains aided trade, Carbon Fibre prices started stabilizing. Eventually, the prices declined due to the poor purchasing potential of buyers given the rising inflation-hiked bank rates showcasing signs of recession, which further dipped the prices southwards. Overall, the Carbon Fibre prices swung on the lower end of the curve during the discussed time frame.

Analyst Insight

According to Procurement Resource, the price trend for Carbon Fibre are expected to continue fluctuating given the feeble demands and highly uncertain market dynamics.

Carbon Fiber Price Trend for the Second Half of 2022

Asia

In the Asia- Pacific region, the prices declined due to the imposed restrictions to curb the rising covid cases. The region also witnessed a plunging trend in the demand from the end-user industries and due to this the producers saw a rise in the level of inventories and were thus forced to cut operation costs.

The low demand and reduced offtakes led to the falling trajectory of the prices of carbon fibre. In the fourth quarter, due to the limited availability of feedstock the imports from Russia fell and destocking practices were followed by producers to deal with rising inventories. This kept the prices of carbon fibre on the negative side during the said period.

Europe

In the third quarter, the prices of carbon fibre remained stable as the demand from end-user rubber industries was persistent. The prices, however, suffered from the rising inflation rates and cuts in production costs but no considerable effect was seen.

The initial months of the fourth quarter were favourable for the price trend of carbon fibre as the prices increased significantly. The sudden rise was due to the increase in the cost of natural gas supply and feedstock prices. The prices, however, declined again in the last month attributing to the reduction in the profit margins by the manufacturers to increase the offtakes.

North America

The North American region saw a fall in the prices of carbon fibre as many plants were forced to shut down and domestic inventories went south. The feedstock outrages and low production rates amid dwindling demand led to a declining trajectory in the price trend of the commodity.

In the fourth quarter, the prices were somehow firm as the inflation rates and feedstock prices supported the growing prices. However, disruptions in the supply chain, fall in upstream costs, and reduced offtakes negatively impacted the price trend for carbon fibre.

Analyst Insight

According to Procurement Resource, the prices of Carbon Fiber are likely to decline in the upcoming quarters. The demand from the end-user sector seems to remain weak globally and with rising inflation the prices are expected to continue a downward trajectory.

Carbon Fibre Price Trend For the First Half of 2022

Carbon fibres are competitive and cost-effective compared to metals. Due to their excellent mechanical and chemical properties, carbon fibre demand has constantly been increasing globally. The final cost of carbon fibres not only depends on the material cost but also heavily on the manufacturing process.

The price of carbon fibres can vary depending upon the raw material used. For polyacrylonitrile(PAN)-based carbon fibre, the cost of PAN raw silk is 11.11 USD/kg, which accounts for 51% of the production cost, followed by carbonization and pre-oxidation processes which cost around 5.12 USD/kg and 3.40 USD/kg respectively. Based on a gross profit margin of 30%, the price of PAN-based carbon fibre averaged 28 USD/kg in the Chinese domestic market.

In the Chinese market, the price of domestic carbon fibre averaged 180 RMB/MT, while that of T300 grade 12K carbon fibre averaged 180-200 RMB/MT. The domestic T300 grade 24/25K carbon fibre market price averaged 150-155 yuan/kg, while that of the domestic T700 grade 12K carbon fibre market price averaged 260-270 yuan/kg. Hence, the price trend of carbon fibres remained strengthened throughout the first half of the said year.

Procurement Resource provides latest prices of Carbon Fibre. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Carbon fibers are high performance parallel filaments of graphitic carbon with numerous applications in industrial and research fields. Carbon fiber is five times stronger than steel and twice as stiff, making it the ideal manufacturing material. Carbon fiber is made of thin, strong crystalline filaments of carbon that are used to strengthen the material. Carbon fiber can be thinner than a strand of human hair and gets its strength when twisted together like yarn. Then it can be woven together to form cloth, and if needed to take a permanent shape, carbon fiber can be laid over a mold and coated in resin or plastic.

Product Details

Report Features Details
Product Name Carbon Fibre
HS Code 68151090
Industrial Uses Aerospace, Military Equipment, Automotive Industry, Manufacturing Industries
Supplier Database Hexcel Corporation, SGL Carbon, Toray, Mitsubishi Chemical Holdings, Solvay
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Carbon Fibre Production from a Polymer via Carbonization

The process starts by drawing long strands of fibers and heating them to a very high temperature without allowing contact with oxygen to prevent the threads from burning. This is when carbonization occurs, during which the atoms inside of the fibers vibrate violently, expelling most of the non-carbon atoms. This leaves a fiber composed of long, tightly interlocked chains of carbon.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Related News

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.