United Arab Emirates: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in the United Arab Emirates

The market for lithium oxide, hydroxide and carbonates in the United Arab Emirates rose significantly to $X in 2022, surging by X% against the previous year. In general, consumption enjoyed a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Lithium Oxide, Hydroxide and Carbonate in the United Arab Emirates

In value terms, lithium oxide, hydroxide and carbonate production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in the near future.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in overseas shipments of lithium oxide, hydroxide and carbonates, which increased by X% to X tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate exports surged to $X in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) was the main destination for lithium oxide, hydroxide and carbonate exports from the United Arab Emirates, with a X% share of total exports. Moreover, lithium oxide, hydroxide and carbonate exports to India exceeded the volume sent to the second major destination, Oman (X tons), fivefold. The third position in this ranking was held by Saudi Arabia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).

In value terms, India ($X) remains the key foreign market for lithium oxide, hydroxide and carbonates exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average export price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price continues to indicate a slight setback. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Oman ($X per ton), while the average price for exports to India ($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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into the United Arab Emirates

In 2022, lithium oxide, hydroxide and carbonate imports into the United Arab Emirates surged to X tons, increasing by X% on 2021. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate imports surged to $X in 2022. Over the period under review, imports saw 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, Russia (X tons) constituted the largest lithium oxide, hydroxide and carbonate supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, lithium oxide, hydroxide and carbonate imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Russia ($X) constituted the largest supplier of lithium oxide, hydroxide and carbonates to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price enjoyed a notable expansion. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :