Switzerland: Lithium Carbonate Market 2024

Lithium Carbonate Market Size in Switzerland

In 2022, the Swiss lithium carbonate market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a prominent increase. Lithium carbonate consumption peaked in 2022 and is likely to see gradual growth in the near future.

Lithium Carbonate Exports

Exports from Switzerland

Lithium carbonate exports from Switzerland shrank rapidly to X kg in 2022, declining by X% compared with the previous year's figure. In general, exports showed a sharp curtailment. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lithium carbonate exports reduced rapidly to $X in 2022. Over the period under review, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Austria (X kg) was the main destination for lithium carbonate exports from Switzerland, accounting for a X% share of total exports. Moreover, lithium carbonate exports to Austria exceeded the volume sent to the second major destination, Germany (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Austria ($X) emerged as the key foreign market for lithium carbonates exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

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

Export Prices by Country

The average lithium carbonate export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, 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. Based on 2022 figures, lithium carbonate export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Austria ($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 the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Lithium Carbonate Imports

Imports into Switzerland

In 2022, purchases abroad of lithium carbonates decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, total imports indicated measured growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, lithium carbonate imports surged to $X in 2022. Over the period under review, imports, however, recorded resilient growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest lithium carbonate supplier to Switzerland, with a X% share of total imports. Moreover, lithium carbonate imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. The UK (X tons) 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 the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and the UK (X% per year).

In value terms, the UK ($X), Germany ($X) and Argentina ($X) appeared to be the largest lithium carbonate suppliers to Switzerland, with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 carbonate import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 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 the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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