Europe: Lithium Carbonate Market 2024

Lithium Carbonate Market Size in Europe

The Europe lithium carbonate market reduced to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate prominent growth. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Lithium Carbonate Production in Europe

In value terms, lithium carbonate production fell modestly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Lithium Carbonate Exports

Exports in Europe

In 2023, after two years of growth, there was significant decline in overseas shipments of lithium carbonates, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, lithium carbonate exports reduced rapidly to $X in 2023. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

The Netherlands represented the largest exporting country with an export of around X tons, which reached X% of total exports. The UK (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%), Belgium (X%), France (X%), Spain (X%) and Italy (X%).

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2023. At the same time, France (X%), the UK (X%), Italy (X%) and Spain (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands, the UK, France, Spain and Italy increased by X, X, X, X and X percentage points, respectively.

In value terms, the largest lithium carbonate supplying countries in Europe were the Netherlands ($X), the UK ($X) and Belgium ($X), with a combined X% share of total exports. Germany, France, Spain and Italy lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 Carbonate Imports

Imports in Europe

After five years of growth, overseas purchases of lithium carbonates decreased by X% to X tons in 2023. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, lithium carbonate imports declined sharply to $X in 2023. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

In 2023, the Netherlands (X tons) represented the main importer of lithium carbonates, comprising X% of total imports. Germany (X tons) held the second position in the ranking, followed by Russia (X tons), Belgium (X tons) and the UK (X tons). All these countries together took near X% share of total imports. France (X tons) held a little share of total imports.

The Netherlands was also the fastest-growing in terms of the lithium carbonates imports, with a CAGR of X% from 2012 to 2023. At the same time, the UK (X%) and Russia (X%) displayed positive paces of growth. By contrast, France (X%), Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Russia (X p.p.) and the UK (X p.p.) significantly strengthened its position in terms of the total imports, while France, Belgium and Germany saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, picking up by X% against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform