Spain - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cells and Batteries; Lithium in Spain - 2023

Contents:

  1. Price for Cells and Batteries; Lithium in Spain (CIF) - 2022
  2. Price for Cells and Batteries; Lithium in Spain (FOB) - 2022
  3. Imports of Cells and Batteries; Lithium in Spain
  4. Exports of Cells and Batteries; Lithium in Spain

Price for Cells and Batteries; Lithium in Spain (CIF) - 2022

In 2022, the average cells and batteries; lithium import price amounted to $0.7 per unit, approximately equating the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47%. Over the period under review, average import prices reached the maximum at $1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2.2 per unit), while the price for Hong Kong SAR ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cells and Batteries; Lithium in Spain (FOB) - 2022

In 2022, the average cells and batteries; lithium export price amounted to $2.6 per unit, rising by 15% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 an increase of 92% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($64 per unit), while the average price for exports to Chile ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cells and Batteries; Lithium in Spain

For the fourth year in a row, Spain recorded growth in purchases abroad of cells and batteries; lithia, which increased by 7.6% to 50M units in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, cells and batteries; lithium imports expanded remarkably to $37M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cells and Batteries; Lithium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.33.96.48.927.4%
France3.86.47.35.311.7%
Italy2.21.82.34.829.7%
Germany2.22.24.14.728.8%
Indonesia2.22.22.32.42.9%
United States2.21.73.12.20.0%
United Kingdom2.02.51.01.9-1.7%
Netherlands1.21.31.61.814.5%
Japan0.50.50.71.130.1%
Portugal0.30.31.70.626.0%
Hong Kong SAR0.30.30.40.518.6%
Belgium0.40.71.90.3-9.1%
Others1.11.31.82.734.9%
Total22.725.134.637.217.9%

Top Suppliers of Cells and Batteries; Lithium to Spain in 2022:

  1. China (25.6M units)
  2. Indonesia (4.5M units)
  3. Japan (3.4M units)
  4. Germany (2.5M units)
  5. France (2.4M units)
  6. Netherlands (2.3M units)
  7. United Kingdom (1.8M units)
  8. Hong Kong SAR (1.8M units)
  9. Italy (1.5M units)
  10. United States (1.3M units)
  11. Portugal (0.8M units)
  12. Belgium (0.6M units)

Exports of Cells and Batteries; Lithium in Spain

In 2022, approx. 8.9M units of cells and batteries; lithia were exported from Spain; growing by 12% compared with the year before. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 62%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cells and batteries; lithium exports skyrocketed to $23M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cells and Batteries; Lithium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.30.53.75.7166.8%
Germany0.10.32.95.0268.4%
Italy0.10.52.63.6230.2%
Portugal1.82.02.42.815.9%
United Kingdom0.20.50.60.751.8%
Chile0.20.10.40.426.0%
Brazil0.10.20.20.344.2%
Others1.31.75.24.753.5%
Total4.25.818.023.276.8%

Top Export Markets for Cells and Batteries; Lithium from Spain in 2022:

  1. Portugal (3.1M units)
  2. Germany (1.4M units)
  3. France (1.3M units)
  4. Chile (0.7M units)
  5. Italy (0.5M units)
  6. Brazil (0.4M units)
  7. United Kingdom (0.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lithium battery market in Spain. 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:

  • Prodcom 27201150 -
  • Prodcom 27201155 -
  • Prodcom 27201160 -

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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