EU: Lithium Oxide Market 2024

Lithium Oxide Market Size in the EU

In 2022, the EU lithium oxide market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Lithium Oxide Production in the EU

In value terms, lithium oxide production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Lithium Oxide Exports

Exports in the EU

In 2022, lithium oxide exports in the European Union surged to X tons, with an increase of X% compared with the year before. Over the period under review, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Belgium (X tons) and France (X tons), together committing a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the lithium oxides exports, with a CAGR of X% from 2012 to 2022. At the same time, France (X%) and Belgium (X%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands and France increased by X and X percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest lithium oxide supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Lithium Oxide Imports

Imports in the EU

In 2022, approx. X tons of lithium oxides were imported in the European Union; increasing by X% compared with 2021 figures. In general, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide imports surged to $X in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, France (X tons) was the key importer of lithium oxides, creating X% of total imports. Sweden (X tons) held the second position in the ranking, followed by Poland (X tons), Spain (X tons), the Netherlands (X tons) and Belgium (X tons). All these countries together took approx. X% share of total imports. Italy (X tons) followed a long way behind the leaders.

Imports into France increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Sweden (X%), the Netherlands (X%), Italy (X%) and Spain (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. France (X p.p.), Sweden (X p.p.), Poland (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Spain and Belgium saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lithium oxide importing markets in the European Union were Poland ($X), Sweden ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :