The data from 2013 to 2024 shows that natural graphite exports in the US have fluctuated with occasional peaks and declines. In 2023, the volume stood at 13.0 thousand metric tons, marking a slight decline of 0.84% year-on-year from 2022. Over the last two years, there was a slight decrease, with an average annual variation of -0.85%. The five-year compounded annual growth rate (CAGR) from 2018 to 2023 was -0.71%, indicating a gradual decline. The forecast for the next five years suggests a continued decrease, with a projection of 12.43 thousand metric tons by 2028, demonstrating a CAGR of -0.71%.
Future Trends to Watch For:
- Potential advancements in synthetic graphite may further impact natural graphite demand.
- Economic fluctuations and trade policies could influence export quantities.
- Technological advancements in battery technology could either positively or negatively affect natural graphite demand.