New Zealand: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in New Zealand

In 2022, the New Zealand market for lithium oxide, hydroxide and carbonates decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Lithium Oxide, Hydroxide and Carbonate in New Zealand

In value terms, lithium oxide, hydroxide and carbonate production reached $X in 2022 estimated in export price. In general, production continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from New Zealand

In 2022, approx. X tons of lithium oxide, hydroxide and carbonates were exported from New Zealand; growing by X% on the year before. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate exports rose remarkably to $X in 2022. In general, exports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Jamaica (X tons) was the main destination for lithium oxide, hydroxide and carbonate exports from New Zealand, with a X% share of total exports. It was followed by Fiji (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Jamaica stood at X%.

In value terms, Jamaica ($X) remains the key foreign market for lithium oxide, hydroxide and carbonates exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Jamaica stood at X%.

Export Prices by Country

In 2022, the average export price for lithium oxide, hydroxide and carbonates amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained 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 Fiji ($X per ton), while the average price for exports to Jamaica amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (X%), while the prices for the other major destinations experienced a decline.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into New Zealand

In 2022, approx. X tons of lithium oxide, hydroxide and carbonates were imported into New Zealand; with a decrease of X% against 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lithium oxide, hydroxide and carbonate imports surged to $X in 2022. In general, imports, however, saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovenia (X tons), Australia (X kg) and the Netherlands (X kg) were the main suppliers of lithium oxide, hydroxide and carbonate imports to New Zealand, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) constituted the largest supplier of lithium oxide, hydroxide and carbonates to New Zealand, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Slovenia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X.6% per year) and Australia (X% per year).

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Australia ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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