All posts tagged: lead

The analysis of China’s lead ingot production statistics in q2 2022 indicates a relatively significant growth in production y/y. Although the review of cumulative production statistics until the end of H1 2022, shows not significant difference in the production volume during the H1 of 2022 and 2021.

With the Covid-19 outbreak in March 2022, the increase in demand has occurred due to the lack of supplying goods following the consequences of the pandemic, and this caused the inventory to decrease by 4% in March, reached 4.4kt. Therefore, the production growth in May 2022 compared to 2021 was aimed at compensating the inventory drop in and meeting demand.

Global lead production will increase by around 2% y/y in 2021, which is the result of production growth in China and India. Global production of mineral lead is estimated to increase by 2.9% to 4.71Mt in 2022, with the participation of China, India, and Kazakhstan.

China, Australia, and the US accounted for the highest volume of lead mineral production in 2021, with about 2Mt, 500kt, and 300kt, respectively. Global lead production is increasing with higher demand for lead-acid batteries from the automotive and electric bicycle sectors, especially from China and the US.