Commodity Market Report
Global graphite investment horizon outlook - Q4 2022
Report summary
In Q4, graphite prices recovered from Q3 lows as disruptions to ex-China supply and winter Chinese mine closures tightened the supply/demand balance. Increasing demand and limited supply-side growth will lead to rising prices for battery grades, but an increasing surplus will drive down prices for other grades. Graphite demand is forecast to grow at a CAGR of 6.7% over the next decade, with automotive, PE, and ESS leading future growth in batteries. Demand from steel-based applications will grow slowly as China’s steel industry winds down. Natural graphite is forecast to grow by 7.4% and synthetic graphite by 6.2% per year to 2032. The supply gap in medium-size flakes will widen in the mid-2020s as base case mine supply struggles to cover growing demand requirements. This deficit will continue to grow to 2032 at current investment levels. More government support could help to lessen this shortfall, while China’s proven flexibility to bring new mines online rapidly could be key.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global graphite investment horizon outlook - Q4 2023 update
This report focuses on opportunities and barriers to market development to 2033 with analysis of prices, supply, demand, and trade.
$10,000
Commodity Market Report
Global copper investment horizon outlook - Q4 2023
Surpluses are pushed back a year amid supply side challenges underpinning higher prices for 2024.
$10,000
Commodity Market Report
Global metallurgical coal 10-year investment horizon outlook - 2023
Will investing in metallurgical coal pay off over the next decade?
$10,000