Brazil's natural graphite production experienced significant fluctuations from 2013 to 2023, initially decreasing from 91.91 thousand metric tons in 2013 to a low of 61.69 thousand metric tons in 2016. This trend then reversed, showing a general increase, reaching 95.0 thousand metric tons from 2018 to 2022. The year-on-year variation indicates several sharp drops and recoveries, with notable increases in 2017 and 2018 followed by stability in subsequent years before a slight decline in 2023 to 90.74 thousand metric tons.
The 2023 level stands at 90.74 thousand metric tons, decreasing by 4.48% compared to the previous year. Over the last two years (2022-2023), the production has seen a modest decline. The average annual growth rate (CAGR) over the last five years up to 2023 is -0.91%, reflecting stagnation and minor fluctuations in production volume.
Future trends indicate a gradual increase, with the forecast predicting production to reach 91.71 thousand metric tons by 2028. The forecasted 5-year CAGR is 0.16%, highlighting a stabilized yet modest growth trajectory of approximately 0.8% total growth over this period.
Key future trends to watch include:
- Technological advancements in extraction and processing techniques.
- Global demand shifts in battery and renewable energy sectors.
- Environmental regulations and their impact on production capabilities.
- Economic policies both domestically and internationally that could affect mineral exports.
