Report Update Jan 1, 2025

Eastern Asia - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in Eastern Asia

The East Asian lithium carbonate market skyrocketed to $X in 2021, with an increase of 33% against the previous year. In general, consumption posted a prominent expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in years to come.

Lithium Carbonate Production in Eastern Asia

In value terms, lithium carbonate production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 99%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Lithium Carbonate Exports

Exports in Eastern Asia

In 2021, exports of lithium carbonates in Eastern Asia soared to X tons, growing by 32% against the year before. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2018 when exports increased by 161%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, lithium carbonate exports soared to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 185% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China was the main exporting country with an export of about X tons, which amounted to 64% of total exports. It was distantly followed by South Korea (X tons), making up a 34% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by South Korea (with a CAGR of +30.2%).

In value terms, China ($X) remains the largest lithium carbonate supplier in Eastern Asia, comprising 67% of total exports. The second position in the ranking was taken by South Korea ($X), with a 31% share of total exports.

In China, lithium carbonate exports increased at an average annual rate of +19.5% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, increasing by 39% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2017 when the export price increased by 49% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while South Korea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.4%).

Lithium Carbonate Imports

Imports in Eastern Asia

In 2021, approx. X tons of lithium carbonates were imported in Eastern Asia; jumping by 43% on 2020 figures. Overall, imports enjoyed a resilient increase. The growth pace was the most rapid in 2016 with an increase of 54%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, lithium carbonate imports surged to $X in 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 126%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) was the major importer of lithium carbonates, creating 57% of total imports. South Korea (X tons) took a 29% share (based on physical terms) of total imports, which put it in second place, followed by Japan (14%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +21.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium carbonate importing markets in Eastern Asia were China ($X), South Korea ($X) and Japan ($X), with a combined 100% share of total imports.

In terms of the main importing countries, China, with a CAGR of +27.5%, recorded 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 import price in Eastern Asia stood at $X per ton in 2021, surging by 4.2% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth was the most pronounced in 2017 when the import price increased by 47%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the other leaders 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 Eastern Asia?

China constituted the country with the largest volume of lithium oxide, hydroxide and carbonate consumption, accounting for 59% of total volume. Moreover, lithium oxide, hydroxide and carbonate consumption in China exceeded the figures recorded by the second-largest consumer, Japan, threefold.

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

China remains the largest lithium oxide, hydroxide and carbonate producing country in Eastern Asia, accounting for 100% of total volume.

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

In value terms, China remains the largest lithium oxide, hydroxide and carbonate supplier in Eastern Asia, comprising 97% of total exports. The second position in the ranking was occupied by South Korea, with a 2.8% share of total exports.

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

In value terms, South Korea, China and Japan constituted the countries with the highest levels of imports in 2021, with a combined 99% share of total imports.

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

The d carbonates in Eastern Asia stood at $10,337 per ton in 2021, with an increase of 8.7% against the previous year.

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

In 2021, the d carbonates in Eastern Asia amounted to $8,957 per ton, reducing by -4.7% against the previous year.

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

China
Hong Kong SAR
Macao SAR
Japan
South Korea
Taiwan (Chinese)
Democratic People's Republic of Korea

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Eastern Asia, split by region and country
Trade (exports and imports) in Eastern Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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