Report Update May 1, 2025

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Colombia: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in Colombia

In 2021, the Colombian lithium carbonate market decreased by -26.9% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a strong increase. Lithium carbonate consumption peaked at $X in 2020, and then dropped remarkably in the following year.

Lithium Carbonate Production in Colombia

In value terms, lithium carbonate production declined to $X in 2021 estimated in export price. Overall, production recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Lithium Carbonate Exports

Exports from Colombia

In 2018, the amount of lithium carbonates exported from Colombia shrank rapidly to X tons, declining by -46.1% compared with the previous year. Over the period under review, exports saw a precipitous decrease. The exports peaked at X tons in 2017, and then plummeted in the following year.

In value terms, lithium carbonate exports declined to $X in 2018. Overall, exports saw a deep slump. The exports peaked at $X in 2017, and then shrank in the following year.

Exports by Country

El Salvador (X tons) was the main destination for lithium carbonate exports from Colombia, with a approx. 100% share of total exports.

From 2015 to 2018, the average annual growth rate of volume to El Salvador totaled -9.0%.

In value terms, El Salvador ($X) also remains the key foreign market for lithium carbonates exports from Colombia.

From 2015 to 2018, the average annual growth rate of value to El Salvador totaled -1.9%.

Export Prices by Country

The average lithium carbonate export price stood at $X per ton in 2018, increasing by 69% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2018, the rate of growth in terms of prices for El Salvador amounted to +7.9% per year.

Lithium Carbonate Imports

Imports into Colombia

In 2021, the amount of lithium carbonates imported into Colombia plummeted to X tons, shrinking by -39.1% on the year before. Over the period under review, imports continue to indicate a slight decrease. The growth pace was the most rapid in 2017 when imports increased by 75% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, lithium carbonate imports fell dramatically to $X in 2021. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 77% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

Italy (X tons), China (X tons) and the United States (X tons) were the main suppliers of lithium carbonate imports to Colombia, together comprising 67% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +11.5%), while purchases for the other leaders experienced a decline.

In value terms, the largest lithium carbonate suppliers to Colombia were the United States ($X), Italy ($X) and China ($X), with a combined 68% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +29.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lithium carbonate import price stood at $X per ton in 2021, dropping by -1.7% against the previous year. In general, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2019 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2020, and then contracted slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 34% of total volume. Moreover, lithium oxide, hydroxide and carbonate consumption in China exceeded the figures recorded by the second-largest consumer, Chile, twofold. Japan ranked third in terms of total consumption 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, together accounting for 80% of global production. Argentina, the United States, the Netherlands and Russia lagged somewhat behind, together comprising a further 17%.

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

In value terms, Chile, the United States and China were the largest lithium oxide, hydroxide and carbonate suppliers to Colombia, together comprising 91% of total imports.

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

In value terms, El Salvador $3) remains the key foreign market for lithium oxide, hydroxide and carbonate exports from Colombia.

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

In 2018, the average export price for lithium oxide, hydroxide and carbonates amounted to $429 per ton, with an increase of 7.1% against the previous year.

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

In 2021, the average import price for lithium oxide, hydroxide and carbonates amounted to $13,710 per ton, which is down by -31.5% against the previous year.

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

Colombia

Data coverage:

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