Denmark: Lithium Oxide Market 2024

Lithium Oxide Market Size in Denmark

The Danish lithium oxide market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption, however, recorded a remarkable increase. Lithium oxide consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Lithium Oxide Production in Denmark

In value terms, lithium oxide production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Lithium Oxide Exports

Exports from Denmark

In 2022, the amount of lithium oxides exported from Denmark skyrocketed to X kg, jumping by X% compared with the previous year. Over the period under review, exports, however, continue to indicate a significant decrease. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, lithium oxide exports skyrocketed to $X in 2022. Overall, exports, however, showed a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X kg) was the main destination for lithium oxide exports from Denmark, accounting for a X% share of total exports. Moreover, lithium oxide exports to Sweden exceeded the volume sent to the second major destination, Iceland (X kg), fourfold.

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

In value terms, Iceland ($X) emerged as the key foreign market for lithium oxides exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average lithium oxide export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a slight expansion. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Germany ($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 Sweden (X%).

Lithium Oxide Imports

Imports into Denmark

In 2022, approx. X tons of lithium oxides were imported into Denmark; stabilizing at the previous year. Overall, imports saw buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lithium oxide imports contracted rapidly to $X in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) was the main lithium oxide supplier to Denmark, accounting for a X% share of total imports. Moreover, lithium oxide imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold. The Netherlands (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of lithium oxides to Denmark, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average lithium oxide import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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