India's natural graphite production has shown significant variability over the past decade, peaking at 146.39 thousand metric tons in 2013 and experiencing a sharp decline in 2017, followed by a steady decrease to 52.9 thousand metric tons in 2023. Year-on-year variations highlight periods of both high growth and steep declines, notably a 66.24% drop in 2017 and 80.08% increase in 2021. The CAGR also mirrors these shifts, with the last 5-year period showing a -4.43% forecasted decline from 2023 to 2028.
In the future, key trends to monitor include the impact of technological advancements in graphite extraction, shifts in global demand for natural graphite, particularly from the electric vehicle industry, and potential governmental policies impacting mining operations.
