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.

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 115% between 2023 and 2027.

For more detailed analysis of global graphite mining, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

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.