Overview of the Global Market for Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide

Market Size for Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide

The global market for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide shrank significantly to $X in 2023, waning by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Production of Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide

In value terms, production of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide totaled $X in 2023 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, global production of growth remained at a lower figure.

Exports of Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide

Exports

Global exports of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide rose rapidly to X tons in 2023, surging by X% on 2022. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the global exports of attained the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, exports of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide surged to $X in 2023. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

China was the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Australia (X tons) and Chile (X tons), together creating a X% share of total exports. The following exporters - Russia (X tons), the United States (X tons), the Netherlands (X tons), Brazil (X tons) and South Africa (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide exports from China stood at X%. At the same time, Australia (X%), Brazil (X%), the Netherlands (X%), Chile (X%), Russia (X%) and the United States (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China, Australia and Brazil increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Chile ($X), with a X% share of global exports. It was followed by the United States, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and the United States (X% per year).

Export Prices by Country

In 2023, the average export price for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. The global export price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other global leaders experienced more modest paces of growth.

Imports of Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide

Imports

In 2023, supplies from abroad of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, imports of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide reduced sharply to $X in 2023. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

South Korea represented the key importer of lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide in the world, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Japan (X tons) held the second position in the ranking, distantly followed by the United States (X tons) and China (X tons). All these countries together took near X% share of total imports. The following importers - India (X tons), the Netherlands (X tons), Singapore (X tons), Thailand (X tons), the Czech Republic (X tons), France (X tons) and Canada (X tons) - together made up X% of total imports.

Imports into South Korea increased at an average annual rate of X% from 2012 to 2023. At the same time, Singapore (X%), Thailand (X%), the Netherlands (X%), Japan (X%), China (X%), India (X%), the United States (X%) and France (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Canada experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Japan (X p.p.), Singapore (X p.p.), Thailand (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the global imports, while France, Canada, the United States and the Czech Republic saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of global imports. The United States, the Netherlands, India, Singapore, the Czech Republic, Canada, France and Thailand lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2023, the average import price for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide amounted to $X per ton, increasing by X% against the previous year. In general, the import price showed a prominent expansion. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform