Report Update Feb 1, 2025

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

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CIS: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in CIS

The CIS lithium carbonate market surged to $X in 2021, growing by 19% against the previous year. In general, consumption recorded a significant increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Lithium Carbonate Production in CIS

In value terms, lithium carbonate production skyrocketed to $X in 2021 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 92% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Lithium Carbonate Exports

Exports in CIS

In 2021, approx. X tons of lithium carbonates were exported in the CIS; which is down by -82.7% on the previous year. Overall, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 2,758%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lithium carbonate exports fell significantly to $X in 2021. In general, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 4,303% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Uzbekistan (X tons) represented the major exporter of lithium carbonates, creating 70% of total exports. It was distantly followed by Russia (X kg), mixing up a 30% share of total exports.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of exports of lithium carbonates. Russia (-44.6%) illustrated a downward trend over the same period. While the share of Uzbekistan (+70 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-69.7 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest lithium carbonate supplier in the CIS, comprising 96% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -35.8%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with a decrease of -36.9% against the previous year. Over the period under review, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2014 when the export price increased by 118% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+15.8%).

Lithium Carbonate Imports

Imports in CIS

In 2021, approx. X tons of lithium carbonates were imported in the CIS; rising by 21% compared with 2020. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 246%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, lithium carbonate imports surged to $X in 2021. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 330% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of lithium carbonate imports in 2021 were Russia (X tons), together reaching 100% of total import.

Russia was also the fastest-growing in terms of the lithium carbonates imports, with a CAGR of +17.0% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported lithium carbonates in the CIS.

In Russia, lithium carbonate imports increased at an average annual rate of +23.3% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, dropping by -2.6% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 40%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +5.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Russia remains the largest lithium oxide, hydroxide and carbonate consuming country in the CIS, accounting for 99% of total volume.

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

Russia constituted the country with the largest volume of lithium oxide, hydroxide and carbonate production, accounting for 100% of total volume.

What are the leading suppliers of lithium oxide, hydroxide and carbonate in the CIS?

In value terms, Russia remains the largest lithium oxide, hydroxide and carbonate supplier in the CIS.

What are the leading importers of lithium oxide, hydroxide and carbonate in the CIS?

In value terms, Russia constitutes the largest market for imported lithium oxide, hydroxide and carbonates in the CIS.

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

In 2021, the d carbonates in the CIS amounted to $9,315 per ton, growing by 12% against the previous year.

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

The d carbonates in the CIS stood at $6,182 per ton in 2021, with an increase of 3.9% against the previous year.

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

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
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
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