In Q3 2025, North America, the Graphite Price Index fell by 2.7% quarter-over-quarter, reflecting subdued demand pressures. Check detailed insights for Europe and APAC.

This statistic displays the global graphite price from 2011 to 2014, and a forecast up to 2020, by flake grade. In 2016, the price for large graphite flakes is expected to reach *** U.S. dollars per metric ton. Until 2020, the price for this flake grade was expected to increase to ***** dollars per metric ton. Graphite prices depend on two factors – flake size and purity. Large flake (+** mesh) and high carbon (+**%) varieties command the premium pricing segment.

The graphite price per ton stood at $2,281 (CIF, US) in May 2022, picking up by 11% against the previous month.

The average graphite import price stood at $1,814 per ton in May 2025, falling by -7.9% against the previous month.

In April 2019, the global price of graphite was *** U.S. dollars per metric ton. Graphite is a crystalline form of carbon, which converts to a diamond under high pressure and temperature. It also has applications in batteries, steelmaking, as pencil lead, and as the material that graphene is made from.

In June 2023, the price of Graphite reached $4,328 per ton (CIF, Poland), marking an 11% increase compared to the previous month.

The global market value of graphite is forecast to reach approximately ** billion U.S. dollars in 2028. That is a forecast increase of approximately ** billion U.S. dollars from the market value in 2022. Electric vehicles to drive market growth Although global production levels of graphite have remained fairly stable over the past decade, demand for the material is expected to increase over the coming years. The use of graphite electrodes in the steel industry has helped to boost the market, but the material is becoming increasingly sought after by the automotive industry due it being an essential element in the making of lithium-ion batteries. China, as the world's largest producer of consumer electronics, is the world’s largest producer of graphite by a large margin, with 850,000 production amounting to an estimated ******* metric tons. From graphite to graphene Forecasts suggest the market for lithium-ion batteries could exceed 100 billion U.S. dollars by 2025 as worldwide demand for electric vehicles increases. The anodes used within these batteries are made from graphite, but graphene could soon be used to drive development for the future. Graphene is an allotrope of carbon that has a special set of properties and can be produced from graphite. The use of graphene in lithium-ion batteries has the potential to increase the lifespan of the battery and allow faster charge times.

In July 2022, the graphite price per ton amounted to $2,116, declining by -2.1% against the previous month.

Crystalline graphite is a primary material in lithium-ion battery anodes which are essential in moving towards green energy. Forecasts for 2040 anticipate an order of magnitude increase in graphite demand driven by sustainable development policies to reduce carbon emissions. Domestic production of graphite ceased in the 1980s after a steady decline post-World War I, meaning the United States relies on natural graphite imports from producers such as China or high-cost synthetic graphite. The current crystalline graphite flake model was released in 1992 and used 100 sites with graphite production. The updated grade and tonnage model uses 72 graphite sites with reports of flake graphite. The updated model implies economically relevant deposits likely contain a median of 23 million metric tons (Mt) of contained graphite. Ore tonnages range from 3.1 Mt in the 10th quantile (Q10) to 170 Mt in the 90th quantile (Q90). Grades range from 3.5 wt% graphitic carbon (Cg) in Q10 to 16 wt% Cg in ...

In February 2023, the graphite price amounted to $2,554 per ton (CIF, Japan), with an increase of 75% against the previous month.

In April 2023, the graphite price stood at $1,257 per ton (FOB, China), waning by -19.6% against the previous month.

In June 2023, the price of Graphite was $1,871 per ton (FOB, Brazil), representing a decrease of 9.1% compared to the previous month.

In February 2025, the average graphite import price amounted to $1,587 per ton, remaining relatively unchanged against the previous month.

Graphite imports into Kenya soared to 2.8 tons in 2023, with an increase of 259% compared with 2022.

In 2024, the Pakistani graphite market decreased by -9.3% to $7.9M, falling for the third consecutive year after two years of growth. Overall, consumption saw a abrupt decrease. Over the period under review, the market hit record highs at $15M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

The graphite market in Africa is poised for growth, driven by increasing demand for natural graphite. Market performance is projected to accelerate with a forecasted CAGR of +2.8% in volume and +3.9% in value from 2024 to 2035, reaching 249K tons and $148M, respectively, by the end of 2035.

Analysis of the EU natural graphite market showing 2024 consumption of 88K tons ($144M), with forecast growth to 113K tons ($194M) by 2035. Germany leads consumption while production remains limited, creating significant import dependency.

For the fourth year in a row, Tanzania recorded growth in shipments abroad of graphite (natural), which increased by 116% to 13K tons in 2023.

China represented the key exporter of graphite (natural) in the world, with the volume of exports finishing at X tons, which was near 54% of total exports in 2021. Madagascar (X tons) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (4.6%). Germany (X tons), Brazil (X tons), Mozambique (X tons), Canada (X tons), the United States (X tons), Norway (X tons), Austria (X tons) and Mexico (X tons) held a little share of total exports.

In 2023, supplies from abroad of graphite (natural) decreased by -55% to 2.1K tons, falling for the second consecutive year after two years of growth.