- Globally, Silicon Carbide wafer prices showed a mixed trend during Q1’26, with Asia facing price pressure from rising Chinese supply, while Europe and North America saw cost-led firmness.
- Feedstock pressure increased as the Iran war and Strait of Hormuz closure raised energy and logistics costs, with more than ~25% of global seaborne oil and about ~20% of LNG trade exposed to the route.
- Downstream demand was mixed, as slower EV growth limited buying momentum, while AI data centers, power electronics, and renewable-energy applications supported demand for high-efficiency SiC devices.
Silicon Carbide (SiC) Wafer prices followed a mixed trend during Q1’26. In Asia, prices remained under pressure as Chinese 6-inch SiC substrate capacity expanded, increasing supplier competition and limiting price gains. However, production costs were supported by higher energy and freight expenses after the Iran war and Strait of Hormuz disruption. However, silicon availability remained relatively loose, as total silicon metal imports were estimated to be about ~50% higher than the previous year, which partly reduced upstream raw material pressure. In Europe and North America, prices stayed firmer due to higher manufacturing costs, 200-mm wafer transition expenses, and supply-chain risk. Downstream demand from EVs remained weaker than expected, but AI data centers, industrial power modules, and renewable-energy systems supported consumption.
Analyst Insight
According to Procurement Resource, Silicon Carbide (SiC) Wafer prices may remain mixed in the near term. Asia may face further pressure from capacity additions, while Europe and North America may stay firm due to energy costs and advanced wafer demand.