In 2023, the import of natural graphite in powder or flakes to China was reported at 52 million USD. The forecast from 2024 to 2028 shows a steady increase in import values, indicating a compound annual growth rate (CAGR) of approximately 4.2%. Year-on-year growth rates for the forecasted period contribute to this trend, showcasing the rising demand and potential usage of natural graphite within China due to its crucial role in industries like electric vehicles and renewable energy resources.

Future trends to watch for:

Developments in alternative materials that may impact graphite demand.
China's policies on natural resources importation and sustainability.
Technological advancements in graphite application areas, potentially increasing usage.
Global market fluctuations affecting prices and supply chains.