In 2023, China's natural graphite production stood at approximately 870 thousand metric tons. Forecasts indicate steady growth in production, reaching 965 thousand metric tons by 2028. This trend reflects a year-on-year increase averaging 20 thousand metric tons, with the compound annual growth rate (CAGR) over five years projected at approximately 2.1%.

Future trends to watch for include:

Technological advancements in graphite extraction boosting efficiency.
Rising demand from the electric vehicle sector potentially accelerating production growth.
Environmental regulations impacting extraction processes and overall supply dynamics.
China's strategic policies affecting production to ensure a sustainable supply-demand balance.