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World - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Nov 30, 2023

Top Import Markets for Lithium Carbonate

Lithium carbonate is a crucial component in the production of lithium-ion batteries, which are widely used in various industries such as electronics, electric vehicles, and renewable energy storage systems. As the demand for these products continues to rise, the import market for lithium carbonate has seen significant growth. In this article, we will explore the top import markets for lithium carbonate, backed by key statistics sourced from the IndexBox market intelligence platform.

1. China: Leading the Import market

China has emerged as the largest importer of lithium carbonate globally, importing a staggering $6.7 billion worth of the mineral in 2022. The country's booming electric vehicle industry and the government's push towards renewable energy have been major drivers for this exponential growth. With its massive lithium-ion battery production capacity, China is heavily reliant on imports to meet its domestic demand for lithium carbonate.

2. South Korea: Second-Largest Importer

Following closely behind China, South Korea holds the second position in the global import market for lithium carbonate. In 2022, the country imported approximately $1.7 billion worth of the mineral. South Korea's thriving electronics industry, coupled with its aggressive push towards electric vehicles, has fueled the demand for lithium carbonate. The country's leading battery manufacturers rely on imports to meet their growing requirements.

3. Japan: Strong Demand for Lithium Carbonate

Japan ranks third in the world in terms of lithium carbonate imports, with an import value of $1.1 billion in 2022. The country's strong presence in the electronics and automotive industries, coupled with its inclination towards renewable energy, has contributed to the rising demand for lithium carbonate. Japanese manufacturers import substantial quantities of lithium carbonate to support their production of lithium-ion batteries and other high-tech applications.

4. Netherlands: Emerging Import Market

While China, South Korea, and Japan dominate the lithium carbonate import market, the Netherlands has emerged as a significant player in recent years. In 2022, the country imported approximately $197.9 million worth of lithium carbonate. The Netherlands serves as a prominent trading hub for various industries, including the battery manufacturing sector. The country's strategic location and efficient logistics infrastructure make it an attractive import market for lithium carbonate suppliers.

5. United States: Growing Demand for Lithium Carbonate

The United States is witnessing a growing demand for lithium carbonate, primarily driven by the expanding electric vehicle market and the increasing adoption of renewable energy systems. In 2022, the country imported around $162.6 million worth of lithium carbonate. With a focus on reducing dependence on fossil fuels, the U.S. has ramped up its lithium-ion battery production, resulting in increased imports of lithium carbonate.

6. United Kingdom, Belgium, Germany, France, and Spain: Prominent Import Markets

The United Kingdom, Belgium, Germany, France, and Spain also feature prominently in the import market for lithium carbonate. These countries are witnessing a surge in the demand for electric vehicles and renewable energy systems. As a result, their respective battery manufacturing industries heavily rely on imports of lithium carbonate to meet the growing requirements. In 2022, the import values stood at $131.2 million, $121.3 million, $107.7 million, $58.4 million, and $22.5 million, respectively.

The import market for lithium carbonate is dynamic and highly competitive. Understanding the key import markets and their respective demand trends is crucial for exporters and suppliers in the industry. Platforms like IndexBox offer comprehensive market intelligence, empowering businesses with vital data and insights to make informed decisions.

Source: IndexBox Market Intelligence Platform

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

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 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. 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. 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. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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