In 2023, lithium consumption in the US was 2.36 thousand metric tons. The forecast indicates steady growth, with consumption projected to reach 2.39 thousand metric tons in 2028. The year-on-year variations are modest, with incremental annual increases starting in 2026. From 2024 to 2028, annual consumption grows at a compound annual growth rate (CAGR) of approximately 0.25%.

Future trends to watch for include:

Growing demand in the electric vehicle sector, driving lithium consumption upwards.
Technological advances potentially increasing lithium efficiency and affecting demand.
New regulations and government policies impacting production and consumption levels.