The import of natural graphite, excluding powder or flakes, to China is forecasted to rise steadily from 83.679 million kilograms in 2024 to 95.805 million kilograms in 2028. This reflects a year-on-year increase of approximately 3.7% from 2024 to 2025, 3.5% from 2025 to 2026, 3.3% from 2026 to 2027, and 3.2% from 2027 to 2028. The compounded annual growth rate (CAGR) over this five-year period is approximately 3.4%.
Future trends to watch for include:
- Fluctuations in global graphite supply and demand, which may impact import volumes.
- Technological advancements in graphite applications, particularly in batteries and electronics.
- Government policies regarding imports and environmental regulations on mining and processing.
- Potential substitution effects due to advancements in alternative materials.
