Brazil: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in Brazil

The Brazilian market for lithium oxide, hydroxide and carbonates totaled $X in 2022, growing by X% against the previous year. Overall, consumption recorded a significant increase. Lithium oxide, hydroxide and carbonate consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Lithium Oxide, Hydroxide and Carbonate in Brazil

In value terms, lithium oxide, hydroxide and carbonate production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Lithium oxide, hydroxide and carbonate production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from Brazil

In 2022, exports of lithium oxide, hydroxide and carbonates from Brazil surged to X tons, rising by X% on 2021 figures. Overall, exports showed significant growth. As a result, the exports attained 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. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for lithium oxide, hydroxide and carbonate exports from Brazil, accounting for a X% share of total exports. Moreover, lithium oxide, hydroxide and carbonate exports to China exceeded the volume sent to the second major destination, Turkey (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X.7% per year) and Colombia (X% per year).

In value terms, China ($X) emerged as the key foreign market for lithium oxide, hydroxide and carbonates exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to X.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X.7% per year) and Colombia (X% per year).

Export Prices by Country

The average export price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price showed resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Turkey ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into Brazil

In 2022, approx. X kg of lithium oxide, hydroxide and carbonates were imported into Brazil; dropping by X% compared with 2021. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lithium oxide, hydroxide and carbonate imports surged to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of lithium oxide, hydroxide and carbonate to Brazil, with a X% share of total imports. Moreover, lithium oxide, hydroxide and carbonate imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), twofold. The third position in this ranking was taken by Russia (X kg), with an X% share.

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

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

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

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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