The re-import of lithium carbonates to China shows a forecasted increase from 5.65 thousand kilograms in 2024 to 6.57 thousand kilograms by 2028. This steady upward trend represents a compound annual growth rate (CAGR) over the five-year period. Given these figures, the market demonstrates strong signs of increasing reliance on lithium carbonate imports to meet growing domestic demand.
Future trends to watch for include:
- The pace of electric vehicle adoption and its impact on lithium carbonate demand.
- Supply chain challenges that could affect import volumes.
- Technological advancements or policy shifts influencing lithium sourcing and recycling in China.
