United Kingdom - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLithium Carbonate Price in the UK - 2023
Contents:
- Lithium Carbonate Price in the UK (CIF) - 2023
- Lithium Carbonate Price in the UK (FOB) - 2022
- Lithium Carbonate Imports in the UK
- Lithium Carbonate Exports in the UK
Lithium Carbonate Price in the UK (CIF) - 2023
The average lithium carbonate import price stood at $39,025 per ton in August 2023, declining by -6.8% against the previous month. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 36% m-o-m. Over the period under review, average import prices hit record highs at $68,486 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Argentina ($43,586 per ton), while the price for Chile totaled $38,526 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Chile (-2.3%).
Lithium Carbonate Price in the UK (FOB) - 2022
The average lithium carbonate export price stood at $11,790 per ton in 2022, surging by 19% against the previous year. Overall, the export price enjoyed a perceptible expansion. The growth pace was the most rapid in 2016 when the average export price increased by 64%. The export price peaked at $17,352 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($14,766 per ton), while the average price for exports to Spain ($5,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lithium Carbonate Imports in the UK
Lithium carbonate imports into the UK soared to 11K tons in 2022, jumping by 358% against 2021. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lithium carbonate imports surged to $131M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lithium Carbonate in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1.4 | N/A | 0.3 | 118 | 338.4% |
| Argentina | N/A | 0.4 | 0.3 | 5.4 | 267.4% |
| Belgium | 5.1 | 4.2 | 15.2 | 3.6 | -11.0% |
| Germany | 2.9 | 1.8 | 1.3 | 0.2 | -59.0% |
| Others | 3.3 | 1.8 | 2.9 | 4.0 | 6.6% |
| Total | 12.7 | 8.3 | 20.0 | 131 | 117.7% |
Top Suppliers of Lithium Carbonate to the UK in 2022:
- Germany (undefinedK tons)
- Chile (9.9K tons)
- Argentina (0.8K tons)
- Belgium (0.5K tons)
Lithium Carbonate Exports in the UK
In 2022, exports of lithium carbonates from the UK surged to 6.6K tons, picking up by 300% compared with the year before. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lithium carbonate exports soared to $78M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lithium Carbonate in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.7 | 0.1 | 4.7 | 24.7 | 228.0% |
| China | N/A | N/A | 0.2 | 19.8 | 9800.0% |
| South Korea | N/A | 0.3 | 0.6 | 10.2 | 483.1% |
| Sweden | N/A | 0.2 | 0.1 | 6.4 | 465.7% |
| Germany | 0.4 | 0.5 | 3.1 | 4.0 | 115.4% |
| Denmark | 0.4 | 0.2 | 0.8 | 1.5 | 55.4% |
| Spain | 0.3 | 0.5 | 0.9 | 1.0 | 49.4% |
| Belgium | 1.9 | 0.9 | N/A | 0.1 | -62.5% |
| Others | 3.7 | 1.6 | 5.9 | 9.7 | 37.9% |
| Total | 7.6 | 4.4 | 16.3 | 77.6 | 116.9% |
Top Export Markets for Lithium Carbonate from the UK in 2022:
- Netherlands (2617.9 tons)
- China (1338.9 tons)
- South Korea (743.4 tons)
- Sweden (499.2 tons)
- Germany (318.9 tons)
- Denmark (236.1 tons)
- Spain (198.3 tons)
- Belgium (3.1 tons)
This report provides an in-depth analysis of the lithium carbonate market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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