In 2023, China's import of natural graphite in powder or flakes stood at a considerable volume. The forecasted data from 2024 to 2028 shows a consistent annual increase in imports, starting at 64.545 million kilograms in 2024 and reaching 72.288 million kilograms by 2028. The year-on-year variation from 2024 to 2025 is approximately 3.1%, with subsequent yearly increases maintaining a similar growth rate. Over the five-year period, the compound annual growth rate (CAGR) is expected to average around 2.85%.
Future trends to watch for include potential impacts of technological advancements in battery production, China's policies toward renewable energy, and global supply chain shifts, all of which could significantly alter demand and sourcing strategies for natural graphite.
