In 2024, as the elite of power and the leader of energy storage, lithium iron phosphate will definitely attract much attention. Various lithium iron phosphate companies are setting sales targets for lithium iron phosphate, and are waiting for opportunities to make a difference in 2024.
1. 2023: Familiar past, fresh experience
After experiencing a rollercoaster-like ride of lithium iron phosphate in 2023, it went all the way down, landed like a stone, and pressed on the tail of 2023. The production of lithium iron phosphate changed with demand: from the trough of demand at the beginning of the year to the peak in the middle of the year, and then maintained a high production until the fourth quarter of the decline.
The lesson left in 2023 is to be careful and precise and long-term!
Lithium iron phosphate** and production in 2023.
2. 2024: Familiar tracks, speed races
The Spring Festival in 2024 is three weeks later than in 2023, and the lithium iron phosphate industry has prematurely entered the "winter holiday" for the New Year due to the early bursting of the bubble with high demand expectations. The fact is that the downstream demand is still expanding, whether it is the power end or the energy storage side, the window has been open, but the industry's expectation is to hope that the window is as wide as the door. In recent years, the lithium iron phosphate industry is still developing rapidly, and overcapacity has led to the need for some production capacity to be cleared. On a crowded track, companies need to accelerate overtaking while moving forward steadily.
The sales plan of the leading lithium iron phosphate enterprises in 2024 is as follows, with a sales target of 2.31 million tons and a capacity utilization rate of 74%.
2024 sales target of lithium iron phosphate head enterprises (unit: 10,000 tons).
SMM's recent survey has learned that it is expected that from mid to early January 2024, lithium iron phosphate companies will successively reduce production and holiday maintenance, and the head enterprises will also maintain a low operating rate. Due to the Spring Festival holiday in February in the middle of the month, the market is dormant in February. Many companies simply take a holiday, recuperate, and show their skills after the holiday.
Every lithium iron phosphate enterprise has done a good jobSprint plan for 2024: 2024Q1 strategizing for a small test, 2024Q2 for a fight against the water to accelerate the sprint, 2024Q3 summary review acceleration 20,2024Q4 closes with harvest granules closed. Generally, enterprises expect to maintain an operating rate of more than 50%, so that capital, technology and marketing investment can be verified and recognized in the market, and lock in the win.