In 2023, France's import of lithium oxide and hydroxide stood at approximately 1.71 million kilograms. The forecast from 2024 to 2028 indicates a consistent increase in import volumes, starting from 1.77 million kilograms in 2024 to 2.02 million kilograms in 2028. This exhibits a year-on-year growth rate of around 3.6% while the compound annual growth rate (CAGR) over this five-year period is expected to be approximately 3.4%.

Future trends to watch for:

Increased adoption of electric vehicles and renewable energy technologies, likely boosting demand for lithium compounds.
Potential advancements in recycling technologies that could affect the import needs.
Geopolitical factors and trade policies that might influence global lithium supply chains.