World - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Lithium carbonate market

Lithium carbonate market: download the latest info empowered by an Ai-driven BI tool. Datasets provide market size, imports, trade, market prices, exports, consumption, companies, and production. There is a breakdown by country, including the U.S., EU, China, Russia, Africa, Latin America, the Middle East, and the U.K. Market trends and outlook to 2030 are also provided in the dashboards.

Lithium Carbonate - World's Largest Markets

RatingCountry
1China
2South Korea
3Japan
4Chile
5United States

In value terms, China led the market, alone. The second position in the ranking was occupied by South Korea. It was followed by Japan.

From 2019 to 2021, the average annual rate of growth in terms of value in China stood at -2.9%. The remaining consuming countries recorded the following average annual rates of market growth: South Korea (-6.5% per year) and Japan (-22.7% per year).

Lithium Carbonate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
China131518077403-82.5%
United States1135882865512-30.3%
Belgium1101665166622-22.5%
Argentina838758317160-7.6%
Netherlands999735867458-13.6%
Chile1011379118900-6.2%
Germany14954121549287-21.2%
Average1005073557353-14.5%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($9,287 per ton), while China ($403 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Chile, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Japan13255108289791-14.1%
South Korea12533100419690-12.1%
Germany11042101358540-12.1%
Netherlands1118280886193-25.6%
United States813364406157-13.0%
Russia834860755921-15.8%
China820352085026-21.7%
Average1092577277353-18.0%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($9,791 per ton), while China ($5,026 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the import price figures.

Lithium Carbonate - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
South Korea0.50.30.4-9.2%
China0.20.30.32.1%
Japan0.30.20.2-24.8%
United States0.10.080.08-14.9%
Germany0.080.050.06-14.8%

In value terms, South Korea ($399M), China ($251M) and Japan ($177M) appeared to be the countries with the highest levels of imports in 2021, with a combined 68% share of global imports.

In terms of the main importing countries, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Lithium Carbonate - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Chile0.80.80.8-1.0%
Argentina0.20.10.2-9.4%
Netherlands0.060.040.06-4.5%
Belgium0.080.030.03-37.0%
Germany0.040.020.03-17.5%

In value terms, Chile ($817M) remains the largest lithium carbonate supplier worldwide, comprising 68% of global exports. The second position in the ranking was occupied by Argentina ($191M), with a 16% share of global exports. It was followed by the Netherlands, with a 4.7% share.

From 2019 to 2021, the average annual rate of growth in terms of value in Chile totaled -1.0%. In the other countries, the average annual rates were as follows: Argentina (-9.4% per year) and the Netherlands (-4.5% per year).

Lithium Carbonate - Market Forecast

Driven by rising demand for lithium carbonate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Lithium Carbonate - Top Companies

WESFARMERS CHEMICALS, ENERGY & FERTILISERS LIMITED, Solvay SA, Hanwha Chemical Corporation, Hubei Biocause Pharmaceutical Co., Ltd., E A JUFFALI & BROTHERS CO.,LTD, Xinjiang Zhongtai Chemical Co., Ltd., Olin Corporation, Celanese Corporation, TOTAL PETROCHEMICALS FRANCE, North Huajin Chemicals Industries Group Co., Ltd., Rohm and Haas Company, VERSALIS SPA, Avantor, Inc., Icl-Ip America Inc., LANXESS Deutschland GmbH, Israni Colour Chemicals Llc, Beijing Sanju Environmental Protection & New Materials Co., Ltd., Axiall Corporation, ARKEMA FRANCE, Tangshan Sanyou Chemical Industries Co., Ltd.

Lithium Carbonate - Product Coverage

  • HS 283691 - Carbonates; lithium carbonate

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lithium carbonate market. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030
    4. 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. 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. 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. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY
    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023
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    Nov 30, 2023
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    The World's Best Import Markets for Carbonate
    Dec 18, 2023
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    Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.

    Which Country Imports the Most Carbonates and Peroxocarbonates in the World?
    May 28, 2018
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    Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...

    Which Country Exports the Most Carbonates and Peroxocarbonates in the World?
    May 28, 2018
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    Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...

    The U.S. Ranks First Globally in Exports of Carbonates and Peroxocarbonates, with $1.5B in 2014
    Jul 30, 2015
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    The U.S. continued its dominance in the global carbonate and peroxocarbonate trade. In 2014, the U.S. exported X million tons of carbonates and peroxocarbonates totaling X billion USD, X% over the previous year. Its primary trading partner was Mexi

    Top Import Markets for Lithium Oxide, Hydroxide and Carbonate
    Nov 22, 2023
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    Explore the top import markets for lithium oxide, hydroxide, and carbonate, including China, South Korea, Japan, and more. Discover key statistics and insights on the demand for these essential components in the production of lithium-ion batteries.

    Free Data: Lithium Carbonate - World