As of April 2024, the European Union Emission Trading Scheme (EU ETS) carbon price was above 60 U.S. dollars per metric tons of carbon dioxide equivalent (USD/tCO₂e). The EU ETS launched in 2005 as a cost-effective way of reducing greenhouse gas emissions, and was the world's first major international carbon market. The UK was formerly part of the EU ETS, but replaced this with its own system after withdrawing from the EU. As of April 2024, the price of carbon on the UK ETS was 45 USD/tCO₂e.
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EU Carbon Permits decreased 2.17 EUR or 2.97% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for EU Carbon Permits.
The global direct carbon price averaged 23.2 U.S. dollars per metric ton of carbon dioxide equivalent (USD/tCO₂e) in 2023. Around one quarter of global greenhouse gas emissions were covered by carbon pricing mechanisms as of April 2024, compared with 13 percent in 2020.
The price of emissions allowances (EUA) traded on the European Union's Emissions Trading Scheme (ETS) exceed 100 euros per metric ton of CO₂ for the first time n February 2023. Athough average annual EUA prices have increased significantly since the 2018 reform of the EU-ETS, they fell 19 percent year-on-year in 2023 to 65 euros. What is the EU-ETS? The EU-ETS became the world’s first carbon market in 2005. The scheme was introduced as a way of limiting GHG emissions from polluting installations by putting a price on carbon, thus incentivizing entities to reduce their emissions. A fixed number of emissions allowances are put on the market each year, which can be traded between companies. The number of available allowances is reduced each year. The EU-ETS is now in its fourth phase (2021 to 2030). Volatility of carbon prices EU carbon prices are volatile and change daily. Prices are determined by the supply and demand of allowances. In March 2022, the outbreak of the Russia-Ukraine war caused EUA prices to crash to less than 60 euros/tCO₂ due to the expected ban on Russian energy imports in Europe.
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In June 2022, the activated carbon price per ton amounted to $2,712 per ton, with an increase of 8.4% against the previous month.
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The activated carbon prices in the USA for Q4 2023 reached 1980 USD/MT in December. The market showcased stable footing, with supply and demand closely matched. However, as downstream industries built up inventories, demand started to dip, causing a decline in prices that extended into the fourth quarter. A late-year demand recovery helped prices rebound.
Product
| Category | Region | Price |
---|---|---|---|
Activated Carbon | Specialty Chemical | USA | 1980 USD/MT |
Activated Carbon | Specialty Chemical | China | 1612 USD/MT |
Activated Carbon | Specialty Chemical | Germany | 2388 USD/MT |
Explore IMARC’s newly published report, titled “Activated Carbon Pricing Report 2025: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of activated carbon pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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In August 2022, the activated carbon price per ton stood at $4.8K, which is down by -3.8% against the previous month.
Carbon prices across multiple emissions trading systems worldwide are expected to increase during the period of 2026 to 2030, compared to 2022 to 2026. The average EU ETS carbon price is expected to be 84.4 euros per metric ton of CO₂ during the period 2022 to 2025, but is projected to rise to almost 100 euros per metric ton of CO₂ during the period of 2026 to 2030, according to a survey of International Emissions Trading Association members. EU ETS carbon pricing broke the 90 euros per metric ton of CO₂ barrier in February 2022, and in February 2023 it surpassed 100 euros per metric ton of CO₂.
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Uganda All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data was reported at 75.004 % in 2021. Uganda All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data is updated yearly, averaging 75.004 % from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 75.004 % in 2021 and a record low of 75.004 % in 2021. Uganda All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Uganda – Table UG.OECD.ESG: Environmental: Effective Carbon Rates: by Sector: Non OECD Member: Annual. The carbon pricing score answers the question how close countries are to price carbon in line with carbon costs. EUR 60 is a midpoint estimate for carbon costs in 2020, and a low-end estimate for 2030. Pricing all emissions at least at EUR 60 in 2020 shows that a country is on a good track to reach the goals of the Paris Agreement to decarbonise by mid-century economically. EUR 30 is a historic low-end estimate for carbon costs, and EUR 120 is a midrange estimate for carbon costs in 2030.; The carbon pricing score answers the question how close countries price carbon emissions in line with carbon costs. EUR 120 per tonne CO2 is a central estimate for carbon costs in 2030.More generally, a carbon pricing score of 100% shows that a country prices all carbon emissions at the carbon cost estimate or more, and a carbon pricing score of 0% shows that a country does not price any carbon emissions.The carbon pricing score by country, by sector answers the question how close countries price carbon emissions in line with carbon costs within a given sector.For additional information, see Effective Carbon Rates 2021
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In April 2023, the price of Activated Carbon was $2,275 per ton (CIF, Italy), remaining stable compared to the previous month.
The price of carbon under the California Cap-and-Trade program (California CaT) was 38.6 U.S. dollars per metric ton (USD/tCO₂e) on April 1, 2024. By comparison, carbon permits on April 1, 2021 were less than 20 USD/tCO₂e. The California CaT covers the transportation, buildings, industry, and power sectors, and is a key element of California's greenhouse gas emissions reductions strategy.
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In April 2023, the activated carbon price stood at $1,251 per ton (CIF, Qatar), picking up by 102% against the previous month.
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In March 2023, the activated carbon price amounted to $6,401 per ton (FOB, US), increasing by 6.7% against the previous month.
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In 2024, the U.S. activated carbon market decreased by -1.6% to $1.1B, falling for the second year in a row after three years of growth. Overall, the total consumption indicated strong growth from 2012 to 2024: its value increased at an average annual rate of +7.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -6.9% against 2022 indices.
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United States Road: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data was reported at 36.430 % in 2018. United States Road: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data is updated yearly, averaging 36.430 % from Dec 2018 (Median) to 2018, with 1 observations. The data reached an all-time high of 36.430 % in 2018 and a record low of 36.430 % in 2018. United States Road: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.ESG: Environmental: Effective Carbon Rates: by Sector: OECD Member: Annual. The carbon pricing score answers the question how close countries are to price carbon in line with carbon costs. EUR 60 is a midpoint estimate for carbon costs in 2020, and a low-end estimate for 2030. Pricing all emissions at least at EUR 60 in 2020 shows that a country is on a good track to reach the goals of the Paris Agreement to decarbonise by mid-century economically. EUR 30 is a historic low-end estimate for carbon costs, and EUR 120 is a midrange estimate for carbon costs in 2030.; The carbon pricing score answers the question how close countries price carbon emissions in line with carbon costs. EUR 120 per tonne CO2 is a central estimate for carbon costs in 2030.More generally, a carbon pricing score of 100% shows that a country prices all carbon emissions at the carbon cost estimate or more, and a carbon pricing score of 0% shows that a country does not price any carbon emissions.The carbon pricing score by country, by sector answers the question how close countries price carbon emissions in line with carbon costs within a given sector.For additional information, see Effective Carbon Rates 2021
The average selling price of a metric ton of carbon dioxide removal (CDR) varies greatly by method. In 2023, the average price for CDR by Direct Ocean Removal (DOC) was roughly 1,402 U.S. dollars per metric ton, a 42 percent increase from the previous year. In comparison, the average price for Direct Air Capture (DAC) fell by almost 43 percent in 2023, to 715 U.S. dollars per metric ton of carbon removal.
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Nigeria All Sectors: Carbon Pricing Score: Including Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data was reported at 0.000 % in 2021. Nigeria All Sectors: Carbon Pricing Score: Including Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data is updated yearly, averaging 0.000 % from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 0.000 % in 2021 and a record low of 0.000 % in 2021. Nigeria All Sectors: Carbon Pricing Score: Including Emissions from the Combustion of Biomass: EUR 120 per Tonne of CO2 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Nigeria – Table NG.OECD.ESG: Environmental: Effective Carbon Rates: by Sector: Non OECD Member: Annual. The carbon pricing score answers the question how close countries are to price carbon in line with carbon costs. EUR 60 is a midpoint estimate for carbon costs in 2020, and a low-end estimate for 2030. Pricing all emissions at least at EUR 60 in 2020 shows that a country is on a good track to reach the goals of the Paris Agreement to decarbonise by mid-century economically. EUR 30 is a historic low-end estimate for carbon costs, and EUR 120 is a midrange estimate for carbon costs in 2030.; The carbon pricing score answers the question how close countries price carbon emissions in line with carbon costs. EUR 120 per tonne CO2 is a central estimate for carbon costs in 2030.More generally, a carbon pricing score of 100% shows that a country prices all carbon emissions at the carbon cost estimate or more, and a carbon pricing score of 0% shows that a country does not price any carbon emissions.The carbon pricing score by country, by sector answers the question how close countries price carbon emissions in line with carbon costs within a given sector.For additional information, see Effective Carbon Rates 2021
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Ethiopia All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 30 per Tonne of CO2 data was reported at 7.890 % in 2021. Ethiopia All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 30 per Tonne of CO2 data is updated yearly, averaging 7.890 % from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 7.890 % in 2021 and a record low of 7.890 % in 2021. Ethiopia All Sectors: Carbon Pricing Score: Excluding Emissions from the Combustion of Biomass: EUR 30 per Tonne of CO2 data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Ethiopia – Table ET.OECD.ESG: Environmental: Effective Carbon Rates: by Sector: Non OECD Member: Annual. The carbon pricing score answers the question how close countries are to price carbon in line with carbon costs. EUR 60 is a midpoint estimate for carbon costs in 2020, and a low-end estimate for 2030. Pricing all emissions at least at EUR 60 in 2020 shows that a country is on a good track to reach the goals of the Paris Agreement to decarbonise by mid-century economically. EUR 30 is a historic low-end estimate for carbon costs, and EUR 120 is a midrange estimate for carbon costs in 2030.; The carbon pricing score answers the question how close countries price carbon emissions in line with carbon costs. EUR 30 per tonne CO2 is a historic low-end estimate for carbon costs in the mid-2010s. A carbon price of EUR 30 in 2025 is also consistent with decarbonisation by 2060 according to Kaufman et al. (2020).More generally, a carbon pricing score of 100% shows that a country prices all carbon emissions at the carbon cost estimate or more, and a carbon pricing score of 0% shows that a country does not price any carbon emissions.The carbon pricing score by country, by sector answers the question how close countries price carbon emissions in line with carbon costs within a given sector.For additional information, see Effective Carbon Rates 2021
European Union Emissions Trading System (EU-ETS) carbon allowances are estimated to average 65 euros per metric ton of carbon dioxide (tCO₂e) in 2024. This figure is forecast to more than double by the end of the decade to almost 150 euros/tCO₂e, before reaching nearly 200 euros/tCO₂e by 2035. EU-ETS carbon prices surpassed the 100 euros per metric ton threshold for the first time in February 2023.
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The carbon black prices in the United States for Q3 2024 reached 1,810 USD/MT in September. Significant cost fluctuations occurred in the carbon black industry in Q3 2024 as a result of declining crude oil rates, a reduce in vehicle demand, and rivalry from sales from Asia. Increased freight and import expenses contributed to mid-quarter price peaks, but prices eventually leveled down.
Product
| Category | Region | Price |
---|---|---|---|
Carbon Black | Petrochemicals | United States | 1,810 USD/MT |
Carbon Black | Petrochemicals | Japan | 1,350 USD/MT |
Carbon Black | Petrochemicals | Netherlands | 1,470 USD/MT |
Carbon Black | Petrochemicals | UAE | 1,410 USD/MT |
Explore IMARC’s newly published report, titled “Carbon Black Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of carbon black pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
As of April 2024, the European Union Emission Trading Scheme (EU ETS) carbon price was above 60 U.S. dollars per metric tons of carbon dioxide equivalent (USD/tCO₂e). The EU ETS launched in 2005 as a cost-effective way of reducing greenhouse gas emissions, and was the world's first major international carbon market. The UK was formerly part of the EU ETS, but replaced this with its own system after withdrawing from the EU. As of April 2024, the price of carbon on the UK ETS was 45 USD/tCO₂e.