In 2023, the import of lithium carbonates to Japan stood at 400 million US Dollars. Forecasts for the years 2024 to 2028 indicate a steady upward trend, with values reaching 414.33 million US Dollars in 2024, increasing to 489.1 million US Dollars by 2028. The year-on-year variation shows the following percentage increases: 4.70% in 2025, 4.35% in 2026, 4.09% in 2027, and 3.85% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.25%.
Future trends to watch for include the growth in the electric vehicle market and rechargeable battery production, which are significant drivers for lithium carbonate demand. Additionally, advancements in battery technology and government policies promoting clean energy may further impact import levels positively.
