According to GlobalData, Madagascar is the world’s second-largest producer of graphite in 2023, with output up by 4% on 2022. Over the five years to 2022, production from Madagascar increased by a CAGR of 18% and is expected to rise by a CAGR of 17% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Graphite Mining to 2030 report. Buy the report here.
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Madagascar accounts for 7% of global production, with the largest producers being China, Madagascar, Mozambique and Brazil. Exports of graphite from Madagascar declined by 47.98% in 2023 over 2022, with the highest share being exported to China. Madagascar’s graphite exports are expected to grow at a CAGR of 17.19% between 2023 and 2027.
For more detailed analysis of global graphite mining, buy the report here.
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GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
