Report Update Apr 1, 2024

Belgium - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights

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Belgium: Lithium Oxide Market 2024

Lithium Oxide Market Size in Belgium

In 2022, the Belgian lithium oxide market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption saw a abrupt setback. Lithium oxide consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Lithium Oxide Production in Belgium

In value terms, lithium oxide production fell notably to $X in 2022 estimated in export price. Over the period under review, production posted a significant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X,800%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Lithium Oxide Exports

Exports from Belgium

Lithium oxide exports from Belgium surged to X tons in 2022, rising by X% on the previous year. In general, exports showed a mild expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide exports soared to $X in 2022. Over the period under review, exports enjoyed a prominent increase. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of lithium oxide exports from Belgium, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for lithium oxides exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Poland (X% per year).

Export Prices by Country

The average lithium oxide export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to France ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium Oxide Imports

Imports into Belgium

In 2022, overseas purchases of lithium oxides were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, lithium oxide imports soared to $X in 2022. In general, imports showed buoyant growth. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), the Netherlands (X tons) and Chile (X tons) were the main suppliers of lithium oxide imports to Belgium, together accounting for X% of total imports. France, Germany, Estonia, the UK and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium oxide suppliers to Belgium were the Netherlands ($X), Chile ($X) and Russia ($X), with a combined X% share of total imports. France, Estonia, Germany, the UK and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Estonia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lithium oxide import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

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 Chile ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide in the world?

South Korea remains the largest lithium oxide consuming country worldwide, comprising approx. 56% of total volume. Moreover, lithium oxide consumption in South Korea exceeded the figures recorded by the second-largest consumer, Japan, threefold. The third position in this ranking was taken by Australia, with a 9.5% share.

What are the largest producers of lithium oxide in the world?

China remains the largest lithium oxide producing country worldwide, comprising approx. 70% of total volume. Moreover, lithium oxide production in China exceeded the figures recorded by the second-largest producer, Chile, sixfold. The third position in this ranking was taken by Australia, with a 7.6% share.

What are the leading suppliers of lithium oxide to Belgium?

In value terms, the Netherlands, Chile and Russia appeared to be the largest lithium oxide suppliers to Belgium, with a combined 80% share of total imports. France, Estonia, Germany, the UK and the United States lagged somewhat behind, together comprising a further 20%.

What are the leading importers of lithium oxide from Belgium?

In value terms, Germany remains the key foreign market for lithium oxides exports from Belgium, comprising 45% of total exports. The second position in the ranking was held by Sweden, with a 23% share of total exports. It was followed by Poland, with a 7.6% share.

What is the average export price for lithium oxide in Belgium?

The average lithium oxide export price stood at $10,748 per ton in 2022, leveling off at the previous year.

What is the average import price for lithium oxide in Belgium?

The average lithium oxide import price stood at $18,135 per ton in 2022, with an increase of 49% against the previous year.

This report provides an in-depth analysis of the lithium oxide market in Belgium. 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:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
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
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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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