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World graphite reserves by country 2020

In 2020, Turkey had the world’s largest reserves of natural graphite, at approximately 90 million metric tons. Graphite is a native element mineral and a semimetal, comprised of a crystalline allotrope of carbon. One of its well-known uses is as the 'lead' in pencils.

Global graphite production

World graphite production has recently decreased. In 2020, the total worldwide production of graphite amounted to 1.1 million metric tons, a decrease from the 2016 total of 1.15 million metric tons. In the past decade, China has consistently been the leading global graphite producer. In 2019, they produced an estimated 650,000 metric tons. Following China was Mozambique in a distant second place, with a production volume estimated at 120,000 metric tons that year.

Global graphite market

The global market value of graphite is expected to continue increasing. In 2016, the global market value of graphite was 12.5 billion U.S. dollars. It grew to 17.6 billion U.S. dollars in 2018, and is projected to increase to more than 27 billion U.S. dollars by 2025.

World graphite reserves as of 2020, by country

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Source

Release date

February 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

Only natural graphite.
All figures are estimates.

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