Shipcost Lab · CBAM
CBAM Import Cost Calculator — EU 2026–2034
Project your annual CBAM certificate liability and the 2026 → 2034 phase-in exposure for cement, iron & steel, aluminium, fertilizers, electricity and hydrogen imports into the EU under Regulation (EU) 2023/956. Free, no signup, computed from a pinned versioned dataset.
CBAM carbon-cost certificate
Reg (EU) 2023/956
2,000 tCO2e
2.5% chargeable
€3,900
Embedded tCO2e × chargeable share (free-allocation phase-out) × EU ETS €78/tCO2 − carbon price paid abroad = CBAM cost.
Worked example: 1,000t of hot-rolled steel (CN 7208) from China, indicative 2 tCO2e/t default, 2026 chargeable share. Figures are estimates from dataset cbam-2026-06.2.
Price your own import
Import shipment
Net annual CBAM liability (2026)
€3,900
€3.90 per tonne effective cost
Phase-in liability ledger 2026 – 2034
- €3,9002026
- €7,8002027
- €15,6002028
- €35,1002029
- €75,6602030
- €95,1602031
- €114,6602032
- €134,1602033
- €156,0002034
Show the calculation
- Embedded emissions (tCO2 / tonne)
- 2
- Total embedded emissions (tCO2)
- 2,000
- Free-allowance factor
- 97.5%
- Chargeable emissions (tCO2)
- 50
- EU ETS price used (EUR / tCO2)
- €78.00
- Gross certificate cost (EUR)
- €3,900
- Origin carbon-price deduction (EUR)
- €0
- Net annual liability (EUR)
- €3,900
- • Using an indicative EU-wide fallback emission value for CN 7208 (2 tCO2/t, direct emissions only for iron & steel / aluminium / hydrogen). The legally applicable defaults are country- and product-specific under Implementing Regulation (EU) 2025/2621 (with a 10% markup in 2026) and may differ materially — confirm the value for your origin, or supply verified actual emissions.
- • Using pinned EU ETS weekly-average price EUR 78/tCO2 (dataset cbam-2026-06.2, last verified 2026-06-11).
Estimate only. Not a CBAM declaration, customs declaration, or tax advice.
Next step · book the freight
Pricing the rest of the landed cost?
CBAM is one line of an EU import bill. Once you know your carbon-cost exposure, Easyship is a cross-border platform for comparing couriers, generating customs paperwork, and booking the shipment that carries these goods.
Compare shipping on EasyshipWe are not yet in Easyship's partner programme, so this is a plain, untracked link to their homepage and earns us nothing today. We list it because it fits the downstream booking step, not because we are paid to. No CBAM advice is offered or implied.
In 2026 only 2.5% of embedded emissions are chargeable under CBAM — EU ETS free allocation still covers 97.5% — and that chargeable share ramps to 100% by 2034 as free allocation reaches 0%, priced at the pinned EU ETS weekly average of €78/tCO2. The definitive period applies since 1 January 2026; the first annual declaration is due 30 September 2027. → price your own volume in the estimator below.
| Year | Free allocation | Chargeable share | Steel, €/t (CN 7208 default, €78/tCO2) |
|---|---|---|---|
| 2026 | 97.5% | 2.5% | €3.90 |
| 2028 | 90% | 10% | €15.60 |
| 2030 | 51.5% | 48.5% | €75.66 |
| 2032 | 26.5% | 73.5% | €114.66 |
| 2034 | 0% | 100% | €156.00 |
Data verified: 2026-06-11 against Regulation (EU) 2023/956 (CBAM) — EUR-Lex · Directive (EU) 2023/959 — free-allocation phase-out, Art. 10a(1a) — EUR-Lex · European Commission — CBAM portal (DG TAXUD)
Last updated: 2026-06-21 — page copy, worked examples and FAQ.
Which imports are in scope
CBAM covers six carbon-intensive sectors listed in Annex I of Regulation (EU) 2023/956: cement, iron & steel, aluminium, fertilizers, electricity and hydrogen. EU, EEA and Swiss origins are exempt. The certificate cost is paid on the embedded CO2e in the goods, not on their value.
Why the bill grows to 2034
Only the chargeable share of embedded emissions is paid for, and that share rises as EU ETS free allocation is phased out: 2.5% chargeable in 2026, reaching 100% in 2034. Iron & steel, aluminium and hydrogen (Annex II) count direct emissions only in the definitive period.
How the calculation works
- Pick the CN code and origin country. EU / EEA / Swiss origins are exempt. The CN list here is a subset of Annex I — a code missing from this estimator may still be in CBAM scope.
- Choose an indicative default emission value or supply your verified Annex IV figure. For iron & steel, aluminium and hydrogen (Annex II goods) only direct emissions count. Enter your annual import volume in tonnes (MWh for electricity).
- We multiply embedded emissions × (1 − free-allocation factor) × EU ETS price. Free allocation falls from 97.5% in 2026 to 95% (2027), 90% (2028), 77.5% (2029), 51.5% (2030), 39% (2031), 26.5% (2032), 14% (2033) and 0% in 2034 — the schedule is front-loaded after 2028, not linear (verified 2026-06-11 against the consolidated ETS Directive).
- Any documented carbon price paid in the country of origin is deducted, capped at the gross certificate cost. The net liability is your annual CBAM cost.
Worked examples
These walk-throughs use dataset cbam-2026-06.2 (verified 2026-06-11) and the pinned EU ETS weekly-average price of €78/tCO2 (verified 2026-06-09). Run your own CN code, volume and year in the calculator above to see the certificate cost.
Hot-rolled steel from China (CN 7208)
Steel is an Annex II good, so only direct emissions count. Multiply your annual tonnage by the indicative default of 2.0 tCO2/t to get embedded emissions, then by the chargeable share for the year — 2.5% in 2026, rising as free allocation phases out to 0% in 2034 — then by the EU ETS price. The per-tonne cost grows each year even at constant volume and ETS price. → enter your tonnage and year in the calculator above.
Cement clinker with a documented origin carbon price (CN 2523)
Cement uses a 0.83 tCO2/t default. The gross certificate cost is embedded emissions × chargeable share × ETS price; a carbon price effectively paid in the country of origin is then deducted, capped at the gross cost. Document that origin carbon price and enter it in the optional field to see the net liability fall. → run your own clinker volume and origin price in the calculator above.
Frequently asked questions
- Who has to pay CBAM?
- EU importers (or their authorised CBAM declarants) of in-scope goods — cement, iron & steel, aluminium, fertilizers, electricity and hydrogen — listed in Annex I of Regulation (EU) 2023/956. Imports from EU, EEA and Swiss origins are exempt. A 50-tonne de-minimis applies to small importers, but it is cumulative across all your CBAM goods per calendar year and does not cover electricity or hydrogen (Reg (EU) 2025/2083, verified 2026-06-11).
- When do CBAM certificates have to be bought?
- The definitive period started 1 January 2026. The first annual declaration — covering 2026 imports — is due by 30 September 2027, with certificates surrendered against the verified embedded emissions of the goods. Certificate prices follow the Commission's methodology: the average closing price of EU ETS auctions for each calendar week, so the bill depends on when in the year you buy.
- Why does the liability grow so sharply between 2026 and 2034?
- Free allocation under the EU ETS is phased out in parallel (Art. 10a(1a) of the revised ETS Directive): 97.5% of embedded emissions are still covered free in 2026, 51.5% in 2030, and 0% in 2034 — with the steepest cuts between 2029 and 2031. The chargeable share — and therefore the certificate bill — grows each year even if your import volume and the ETS price stay flat.
- Can a carbon price already paid in the origin country be deducted?
- Yes. A carbon price effectively paid in the country of origin, when documented, reduces the number of certificates to surrender — capped at the gross certificate cost. Enter it in the optional origin carbon price field to see the net effect.
- How much does CBAM cost per tonne of steel in 2026?
- Using the indicative default of 2.0 tCO2/t for hot-rolled flat steel (CN 7208) and the pinned EU ETS price of €78/tCO2 (verified 2026-06-09), only 2.5% of embedded emissions are chargeable in 2026 — about 0.05 tCO2 per tonne. The chargeable share, and so the per-tonne cost, rises every year as free allocation phases out to 0% in 2034, even at a flat ETS price. These are planning constants from dataset cbam-2026-06.2 (verified 2026-06-11): the legally applicable defaults for the definitive period are country- and product-specific under Implementing Regulation (EU) 2025/2621, and the ETS price moves weekly. Enter your tonnage and year in the calculator above for the per-tonne cost.
- Should I use default emission values or actual verified emissions?
- The defaults in this estimator are indicative EU-wide fallbacks for planning. The legally applicable definitive-period defaults are set per country and product by Implementing Regulation (EU) 2025/2621 and carry a 10% markup in 2026 (rising in later years) — they are deliberately conservative. If your supplier's installation reports verified actual emissions under Annex IV of Regulation (EU) 2023/956, those usually come in below the marked-up defaults, which directly lowers your certificate bill. For iron & steel, aluminium and hydrogen (Annex II goods) only direct emissions count in the definitive period — indirect electricity emissions are out of scope for those sectors (verified 2026-06-11 against the Commission's CBAM guidance).
- Which EU ETS price does this calculator use?
- The pinned EU ETS weekly-auction average of €78/tCO2, last verified 2026-06-09 (dataset cbam-2026-06.2). CBAM certificate prices track the average of EU ETS auction closing prices per calendar week, so the price you actually pay depends on the week you buy. Use the override field in the calculator above to stress-test a higher or lower ETS price against your own volume.
Methodology & sources
Last updated: 2026-06-21 — page copy, worked examples and FAQ.
Data verified: 2026-06-11 against the European Commission CBAM portal (dataset cbam-2026-06.2). EU ETS reference price €78/tCO2 verified 2026-06-09.
Where these numbers come from
Every figure traces to a primary source:
- Regulation (EU) 2023/956 (CBAM) — Annex I scope, Annex II direct-emissions-only goods, Art. 31(2) CBAM factor; phase-out schedule per Art. 10a(1a) Directive 2003/87/EC as amended by Directive (EU) 2023/959.
- Regulation (EU) 2025/2083 (Omnibus I) — 50 t cumulative de-minimis for small importers (does not cover electricity or hydrogen).
- Default emission values shown here are indicative EU-wide fallbacks. The legally applicable definitive-period defaults are country- and product-specific under Implementing Regulation (EU) 2025/2621 (with a 10% markup in 2026) — always confirm the value for your origin before filing.
- EU ETS weekly auction average (Commission CBAM certificate price methodology).
The dataset is versioned and reviewed when the Commission updates default values, the phase-out schedule, or the certificate-price methodology. The exact dataset version and verification date are shown next to every result.
This is an estimate, not advice
The CBAM definitive period started 1 January 2026 with the first annual declaration due 30 September 2027. Liability depends on the verified embedded emissions of each consignment, the EU ETS auction price on the certificate-purchase date, and any documented carbon price paid in the country of origin. Always confirm against the EU CBAM registry, your authorised declarant, and Regulation (EU) 2023/956 + Implementing Regulation 2023/1773 before filing.
Related Shipcost Lab tools
CBAM is only one line of an EU landed cost. These tools cover the adjacent steps of the same import:
- Import duty & VAT calculator — estimate landed-cost duties, VAT and customs fees for the same shipment.
- Customs value builder (WTO Article VII) — assemble the dutiable customs value (price plus Article 8 additions) for the declaration.
- ICS2 import data readiness checker (EU) — check your pre-arrival safety & security filing data before the goods move.