
U.S. - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
U.S. Lithium Carbonate Price Drops Slightly to $10,401 After Reaching its Maximum in June
U.S. Lithium Carbonate Import Price per Ton July 2022
In July 2022, the lithium carbonate price per ton amounted to $10,401, declining by -6.2% against the previous month. Over the period under review, import price indicated a prominent expansion from January 2022 to July 2022: its price increased at an average monthly rate of +10.3% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, lithium carbonate import price increased by +64.0% against April 2022 indices. The most prominent rate of growth was recorded in June 2022 an increase of 36% month-to-month. As a result, import price reached the peak level of $11,093 per ton, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($18,360 per ton), while the price for Argentina totaled $6,693 per ton.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Chile (+19.4%).
U.S. Lithium Carbonate Imports
In July 2022, lithium carbonate imports into the United States soared to 1.2K tons, picking up by 24% compared with the month before. Over the period under review, imports, however, saw a noticeable reduction. The pace of growth appeared the most rapid in May 2022 when imports increased by 141% m-o-m. Over the period under review, imports attained the peak figure at 2.3K tons in March 2022; however, from April 2022 to July 2022, imports stood at a somewhat lower figure.
In value terms, lithium carbonate imports skyrocketed to $12M (IndexBox estimates) in July 2022. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in May 2022 when imports increased by 210% m-o-m. Imports peaked at $20M in March 2022; however, from April 2022 to July 2022, imports failed to regain momentum.
U.S. Lithium Carbonate Imports by Country
In July 2022, Argentina (782 tons) constituted the largest supplier of lithium carbonate to the United States, accounting for a 67% share of total imports. Moreover, lithium carbonate imports from Argentina exceeded the figures recorded by the second-largest supplier, Chile (365 tons), twofold.
From January 2022 to July 2022, the average monthly rate of growth in terms of volume from Argentina totaled +2.7%.
In value terms, the largest lithium carbonate suppliers to the United States were Chile ($6.7M) and Argentina ($5.2M).
Among the main suppliers, Argentina, with a CAGR of +7.7%, saw the highest rates of growth with regard to the value of imports, over the period under review.
This report provides an in-depth analysis of the lithium carbonate market in the U.S.. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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