Report Update Feb 1, 2025

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

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Bulgaria: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in Bulgaria

The Bulgarian lithium carbonate market expanded to $X in 2021, rising by 4.5% against the previous year. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Lithium Carbonate Production in Bulgaria

In value terms, lithium carbonate production dropped modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 26% against the previous year. Lithium carbonate production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Lithium Carbonate Exports

Exports from Bulgaria

In 2019, shipments abroad of lithium carbonates was finally on the rise to reach X tons after three years of decline. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium carbonate exports skyrocketed to $X in 2019. Overall, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Romania (X tons) were the main destinations of lithium carbonate exports from Bulgaria.

From 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +57.8%).

In value terms, the Netherlands ($X) remains the key foreign market for lithium carbonates exports from Bulgaria, comprising 93% of total exports. The second position in the ranking was held by Romania ($X), with a 7.3% share of total exports.

From 2012 to 2019, the average annual growth rate of value to the Netherlands totaled +62.5%.

Export Prices by Country

The average lithium carbonate export price stood at $X per ton in 2019, which is down by -23.2% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2014 a decrease of -1.6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2019, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Romania stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.9%).

Lithium Carbonate Imports

Imports into Bulgaria

In 2021, purchases abroad of lithium carbonates was finally on the rise to reach X tons after two years of decline. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 242%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, lithium carbonate imports reduced to $X in 2021. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 313%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main lithium carbonate supplier to Bulgaria, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +44.7%.

In value terms, Italy ($X) constituted the largest supplier of lithium carbonates to Bulgaria.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +51.6%.

Import Prices by Country

In 2021, the average lithium carbonate import price amounted to $X per ton, falling by -26.1% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then contracted markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to +67.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide, hydroxide and carbonate in the world?

China remains the largest lithium oxide, hydroxide and carbonate consuming country worldwide, comprising approx. 34% of total volume. Moreover, lithium oxide, hydroxide and carbonate consumption in China exceeded the figures recorded by the second-largest consumer, Chile, twofold. The third position in this ranking was occupied by Japan, with a 12% share.

What are the largest producers of lithium oxide, hydroxide and carbonate in the world?

The countries with the highest volumes of in 2021 were China, Chile and Australia, with a combined 80% share of global production. Argentina, the United States, the Netherlands and Russia lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of lithium oxide, hydroxide and carbonate to Bulgaria?

In value terms, Italy constituted the largest supplier of lithium oxide, hydroxide and carbonate to Bulgaria, comprising 15% of total imports. The second position in the ranking was occupied by Turkey $557), with a 0.7% share of total imports.

What are the leading importers of lithium oxide, hydroxide and carbonate from Bulgaria?

In value terms, the Netherlands remains the key foreign market for lithium oxide, hydroxide and carbonate exports from Bulgaria, comprising 84% of total exports. The second position in the ranking was occupied by North Macedonia, with a 14% share of total exports.

What is the average export price for lithium oxide, hydroxide and carbonate in Bulgaria?

In 2019, the average export price for lithium oxide, hydroxide and carbonates amounted to $6,127 per ton, reducing by -27.5% against the previous year.

What is the average import price for lithium oxide, hydroxide and carbonate in Bulgaria?

The average import price for lithium oxide, hydroxide and carbonates stood at $9,093 per ton in 2021, flattening at the previous year.

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

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024