Report Update Apr 1, 2024

Thailand - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Lithium Carbonate Market 2024

Lithium Carbonate Market Size in Thailand

In 2022, the Thai lithium carbonate market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Lithium Carbonate Production in Thailand

In value terms, lithium carbonate production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Lithium carbonate production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Lithium Carbonate Exports

Exports from Thailand

Lithium carbonate exports from Thailand contracted remarkably to X tons in 2022, waning by X% compared with the previous year. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, lithium carbonate exports shrank to $X in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) and Japan (X tons) were the main destinations of lithium carbonate exports from Thailand.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, Germany ($X) and Japan ($X) were the largest markets for lithium carbonate exported from Thailand worldwide.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average lithium carbonate export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price saw a slight increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Japan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).

Lithium Carbonate Imports

Imports into Thailand

In 2022, supplies from abroad of lithium carbonates increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, lithium carbonate imports soared to $X in 2022. Overall, imports, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest supplier of lithium carbonate to Thailand, with a X% share of total imports. Moreover, lithium carbonate imports from Chile exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

In value terms, Chile ($X) constituted the largest supplier of lithium carbonates to Thailand, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

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

Import Prices by Country

The average lithium carbonate import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate prominent growth. 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 attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (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 carbonate in the world?

The country with the largest volume of lithium carbonate consumption was China, comprising approx. 73% of total volume. Moreover, lithium carbonate consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, sevenfold. The third position in this ranking was held by Japan, with a 7% share.

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

The country with the largest volume of lithium carbonate production was Chile, accounting for 90% of total volume. Moreover, lithium carbonate production in Chile exceeded the figures recorded by the second-largest producer, China, more than tenfold.

What are the leading suppliers of lithium carbonate to Thailand?

In value terms, Chile constituted the largest supplier of lithium carbonates to Thailand, comprising 75% of total imports. The second position in the ranking was held by China, with a 16% share of total imports.

What are the leading importers of lithium carbonate from Thailand?

In value terms, the largest markets for lithium carbonate exported from Thailand were Germany and Japan.

What is the average export price for lithium carbonate in Thailand?

In 2022, the average lithium carbonate export price amounted to $3,600 per ton, increasing by 12% against the previous year.

What is the average import price for lithium carbonate in Thailand?

In 2022, the average lithium carbonate import price amounted to $11,171 per ton, growing by 8.2% against the previous year.

This report provides an in-depth analysis of the lithium carbonate market in Thailand. 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:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to prepare your business for global expansion

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