In 2023, China led global natural graphite production with 865 thousand metric tons, marking a 4.63% year-on-year increase. Mozambique and Madagascar trailed with 128.18 thousand metric tons and 105.64 thousand metric tons, showing year-on-year growths of 4.27% and 17.06%, respectively. Other notable producers included Brazil (90.74 thousand metric tons, -0.91% year-on-year), India (52.9 thousand metric tons, 3.54% year-on-year), and Russia (16.05 thousand metric tons, 6.16% year-on-year). Canada, Norway, Sri Lanka, Ukraine, Mexico, and Zimbabwe recorded smaller outputs with mixed growth rates. Looking at the trend, Mozambique and Madagascar are emerging as significant players, while traditional producers like Brazil are seeing slight declines.
Future trends to watch include:
- The potential for further growth in Mozambique and Madagascar.
- China's continued dominance in production volumes.
- The impact of technological advancements and environmental regulations on production capabilities in various countries.
- Shifts in demand dynamics driven by electric vehicle market expansion and battery technology developments.
- Possible geopolitical influences affecting mining operations and export regulations.
Top countries in Natural Graphite Production and Reserves by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 865 | 2023 | +2.24% | +4.63% | View data |
| 2 | 2 Mozambique | 128.18 | 2023 | -21.36% | +4.27% | View data |
| 3 | 3 Madagascar | 105.64 | 2023 | +19.78% | +17.06% | View data |
| 4 | 4 Brazil | 90.74 | 2023 | -4.48% | -0.91% | View data |
| 5 | 5 India | 52.9 | 2023 | -7.62% | +3.54% | View data |
| 6 | 6 Russia | 16.05 | 2023 | +12.04% | +6.16% | View data |
| 7 | 7 Canada | 13.18 | 2023 | -12.13% | +3.68% | View data |
| 8 | 8 Norway | 8.69 | 2023 | -16.26% | -6.25% | View data |
| 9 | 9 Sri Lanka | 3.36 | 2023 | +12.07% | -3.42% | View data |
| 10 | 10 Ukraine | 3.28 | 2023 | +9.4% | -23.09% | View data |
