2024: 2.3462 Million Kg
2025: 2.4575 Million Kg (4.74% YoY)
2026: 2.5665 Million Kg (4.44% YoY)
2027: 2.6733 Million Kg (4.16% YoY)
2028: 2.7781 Million Kg (3.92% YoY)
The Compound Annual Growth Rate (CAGR) over the next five years is projected at approximately 4.31%. This steady increase suggests a robust demand for lithium carbonates, likely driven by the growth in electric vehicle (EV) production and renewable energy storage solutions.
Key trends to monitor include technological advancements in battery production, policies promoting green energy, and potential supply chain disruptions. Market dynamics in the EV industry and geopolitical factors may also impact future exports.