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Report Colombia - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2025

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

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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) :

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

    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 THE 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 TRENDSThis Chapter is Available Only for the Professional EditionPRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035

    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      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 Export

      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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country, 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, 2012–2024

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, By Product
      11. Average Per Capita Consumption, By Product
      12. Exports and Growth, By Product
      13. Export Prices and Growth, By Product
      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: Historical Data (2012–2024) and Forecast (2025–2035)
      22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      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, 2012–2024
      29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      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, 2012–2024

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