The data illustrates a projection of the total lithium demand worldwide from 2017 to 2025. In 2025, the total demand for lithium is expected to reach 422,614 metric tons of lithium carbonate equivalent. Increases in battery demand will be a strong driver of lithium consumption in the near future, but producers are currently limited in their ability to match demands.
2017 | 234788 |
2018 | 252653 |
2019 | 271877 |
2020 | 292682 |
2021 | 324930 |
2022 | 336010 |
2023 | 359435 |
2024 | 383601 |
2025 | 422614 |