EU: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in the EU

The EU market for lithium oxide, hydroxide and carbonates surged to $X in 2022, jumping by X% against the previous year. In general, consumption posted a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Lithium Oxide, Hydroxide and Carbonate in the EU

In value terms, lithium oxide, hydroxide and carbonate production rose to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in the EU

In 2022, exports of lithium oxide, hydroxide and carbonates in the European Union skyrocketed to X tons, growing by X% on the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached 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 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) dominates exports structure, together mixing up X% of total exports. It was distantly followed by France (X tons), mixing up a X% share of total exports. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium oxide, hydroxide and carbonate supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and France ($X), with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price saw a pronounced increase. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Belgium ($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 other leaders experienced more modest paces of growth.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports in the EU

In 2022, the amount of lithium oxide, hydroxide and carbonates imported in the European Union soared to X tons, with an increase of X% on the previous year's figure. Overall, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate imports soared to $X in 2022. Over the period under review, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the major importing country with an import of around X tons, which resulted at X% of total imports. Belgium (X tons) held the second position in the ranking, followed by France (X tons), Germany (X tons) and Spain (X tons). All these countries together took near X% share of total imports. Sweden (X tons) and Poland (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Poland, France, Sweden and Spain lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price saw a resilient increase. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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