Report Update Apr 1, 2024

Ecuador - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in Ecuador

The Ecuadorian market for lithium oxide, hydroxide and carbonates fell rapidly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a noticeable decrease. Lithium oxide, hydroxide and carbonate consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Lithium Oxide, Hydroxide and Carbonate in Ecuador

In value terms, lithium oxide, hydroxide and carbonate production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from Ecuador

Lithium oxide, hydroxide and carbonate exports from Ecuador soared to X tons in 2016, growing by X% against 2015 figures. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate exports skyrocketed to $X in 2016. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X tons) was the main destination for lithium oxide, hydroxide and carbonate exports from Ecuador, with a approx. X% share of total exports.

From 2015 to 2016, the average annual rate of growth in terms of volume to Panama stood at X%.

In value terms, Panama ($X) also remains the key foreign market for lithium oxide, hydroxide and carbonates exports from Ecuador.

From 2015 to 2016, the average annual rate of growth in terms of value to Panama totaled X%.

Export Prices by Country

In 2016, the average export price for lithium oxide, hydroxide and carbonates amounted to $X per ton, which is down by X% against the previous year. Overall, the export price recorded a noticeable setback. The export price peaked at $X per ton in 2015, and then fell modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2015 to 2016, the rate of growth in terms of prices for Panama amounted to X% per year.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into Ecuador

In 2022, approx. X tons of lithium oxide, hydroxide and carbonates were imported into Ecuador; which is down by X% on 2021 figures. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, lithium oxide, hydroxide and carbonate imports shrank significantly to $X in 2022. In general, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of lithium oxide, hydroxide and carbonate to Ecuador, accounting for a X% share of total imports. Moreover, lithium oxide, hydroxide and carbonate imports from the United States exceeded the figures recorded by the second-largest supplier, India (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of lithium oxide, hydroxide and carbonates to Ecuador, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide, hydroxide and carbonate in the world?

The countries with the highest volumes of consumption in 2023 were China, South Korea and Japan, with a combined 87% share of global consumption.

What are the largest producers of lithium oxide, hydroxide and carbonate in the world?

The country with the largest volume of lithium oxide, hydroxide and carbonate production was Chile, accounting for 80% of total volume. Moreover, lithium oxide, hydroxide and carbonate production in Chile exceeded the figures recorded by the second-largest producer, China, eightfold. The third position in this ranking was taken by Australia, with a 2.7% share.

What are the leading suppliers of lithium oxide, hydroxide and carbonate to Ecuador?

In value terms, the United States constituted the largest supplier of lithium oxide, hydroxide and carbonates to Ecuador, comprising 89% of total imports. The second position in the ranking was held by India, with a 10% share of total imports.

What are the leading importers of lithium oxide, hydroxide and carbonate from Ecuador?

In value terms, Panama remains the key foreign market for lithium oxide, hydroxide and carbonates exports from Ecuador.

What is the average export price for lithium oxide, hydroxide and carbonate in Ecuador?

In 2016, the average export price for lithium oxide, hydroxide and carbonates amounted to $170 per ton, falling by -3.8% against the previous year.

What is the average import price for lithium oxide, hydroxide and carbonate in Ecuador?

In 2022, the average import price for lithium oxide, hydroxide and carbonates amounted to $54,204 per ton, jumping by 144% against the previous year.

This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023