Global Lithium Production Rises
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global lithium marketGlobalData
•Business
Business & Economics
Global lithium production to rise by 14.5% CAGR through 2030
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86% Informative
Global lithium production is expected to grow at a CAGR of 14.5% to over 548.5 kilotonnes by 2030 .
Lithium prices experienced a significant downturn in 2023 and 2024 , primarily driven by increased supply and weaker-than-expected electric vehicle ( EV ) demand.
The EV market experienced substantial growth, with global sales reaching a record 24.7 million units.
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90
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92
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65
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