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Report Asia - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Asia - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Lithium Oxide Market 2025

Lithium Oxide Market Size in Asia

The Asian lithium oxide market expanded remarkably to $X in 2021, growing by 5.4% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.2% against 2019 indices. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Lithium Oxide Production in Asia

In value terms, lithium oxide production rose sharply to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.4% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 46% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Lithium Oxide Exports

Exports in Asia

In 2021, exports of lithium oxides in Asia surged to X tons, with an increase of 32% against 2020 figures. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 89%. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, lithium oxide exports soared to $X in 2021. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 91% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

The biggest shipments were from China (X tons), together amounting to 98% of total export.

China was also the fastest-growing in terms of the lithium oxides exports, with a CAGR of +40.5% from 2012 to 2021. While the share of China (+3.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest lithium oxide supplier in Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +47.0%.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, growing by 6.9% against the previous year. In general, the export price continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2016 when the export price increased by 80% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +4.6% per year.

Lithium Oxide Imports

Imports in Asia

For the eighth consecutive year, Asia recorded growth in overseas purchases of lithium oxides, which increased by 34% to X tons in 2021. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of 64%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, lithium oxide imports soared to $X in 2021. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 80% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

In 2021, South Korea (X tons) represented the key importer of lithium oxides, generating 56% of total imports. It was distantly followed by Japan (X tons), making up a 35% share of total imports. The following importers - China (X tons) and India (X tons) - each resulted at a 6.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +53.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and China ($X) were the countries with the highest levels of imports in 2021, with a combined 95% share of total imports.

South Korea, with a CAGR of +56.3%, recorded 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

In 2021, the import price in Asia amounted to $X per ton, declining by -7.5% against the previous year. Import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lithium oxide import price decreased by -26.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 41% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Japan ($X per ton) and South Korea ($X per ton), while India ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lithium oxide consumption in 2020 were South Korea, Japan and China, with a combined 95% share of total consumption.
China remains the largest lithium oxide producing country in Asia, accounting for 99% of total volume.
In value terms, China remains the largest lithium oxide supplier in Asia.
In value terms, South Korea, Japan and India constituted the countries with the highest levels of imports in 2020, with a combined 97% share of total imports.
In 2020, the lithium oxide export price in Asia amounted to $12,607 per ton, leveling off at the previous year.
In 2020, the lithium oxide import price in Asia amounted to $11,901 per ton, declining by -10.5% against the previous year.

This report provides an in-depth analysis of the lithium oxide market in Asia. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Asia, split by region and country
    • Trade (exports and imports) in Asia
    • 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. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2024
      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
      • Afghanistan
      • Armenia
      • Azerbaijan
      • Bahrain
      • Bangladesh
      • Bhutan
      • Brunei Darussalam
      • Cambodia
      • China
      • Hong Kong SAR
      • Macao SAR
      • Cyprus
      • Georgia
      • India
      • Indonesia
      • Iran
      • Iraq
      • Israel
      • Japan
      • Jordan
      • Kazakhstan
      • Kuwait
      • Kyrgyzstan
      • Lebanon
      • Malaysia
      • Maldives
      • Mongolia
      • Myanmar
      • Nepal
      • Oman
      • Pakistan
      • Palestine
      • Philippines
      • Qatar
      • Saudi Arabia
      • Singapore
      • South Korea
      • Sri Lanka
      • Syrian Arab Republic
      • Taiwan (Chinese)
      • Tajikistan
      • Thailand
      • Timor-Leste
      • Turkey
      • Turkmenistan
      • United Arab Emirates
      • Uzbekistan
      • Vietnam
      • Yemen
      • Lao People's Democratic Republic
      • Democratic People's Republic of Korea

    12. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption, By Country, 2018–2024
      5. Production, In Physical Terms, By Country, 2012–2024
      6. Imports, In Physical Terms, By Country, 2012–2024
      7. Imports, In Value Terms, By Country, 2012–2024
      8. Import Prices, By Country Of Destination, 2012–2024
      9. Exports, In Physical Terms, By Country, 2012–2024
      10. Exports, In Value Terms, By Country, 2012–2024
      11. Export Prices, By Country Of Origin, 2012–2024

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Consumption, By Country, 2024
      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, 2012–2024
      18. Production, In Value Terms, 2012–2024
      19. Production, By Country, 2024
      20. Production, In Physical Terms, By Country, 2012–2024
      21. Imports, In Physical Terms, 2012–2024
      22. Imports, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, By Country, 2024
      24. Imports, In Physical Terms, By Country, 2012–2024
      25. Imports, In Value Terms, By Country, 2012–2024
      26. Import Prices, By Country, 2012–2024
      27. Exports, In Physical Terms, 2012–2024
      28. Exports, In Value Terms, 2012–2024
      29. Exports, In Physical Terms, By Country, 2024
      30. Exports, In Physical Terms, By Country, 2012–2024
      31. Exports, In Value Terms, By Country, 2012–2024
      32. Export Prices, 2012–2024

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