Eastern Europe: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in Eastern Europe

The East European market for lithium oxide, hydroxide and carbonates shrank modestly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Lithium Oxide, Hydroxide and Carbonate in Eastern Europe

In value terms, lithium oxide, hydroxide and carbonate production contracted modestly to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in Eastern Europe

In 2022, exports of lithium oxide, hydroxide and carbonates in Eastern Europe skyrocketed to X tons, picking up by X% on 2021. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate exports skyrocketed to $X in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Poland (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the lithium oxide, hydroxide and carbonates exports, with a CAGR of X% from 2012 to 2022. At the same time, Poland (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest lithium oxide, hydroxide and carbonate supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, leveling off at the previous year. Overall, the export price posted a buoyant expansion. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%).

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports in Eastern Europe

After four years of growth, overseas purchases of lithium oxide, hydroxide and carbonates decreased by X% to X tons in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, lithium oxide, hydroxide and carbonate imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Russia was the key importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Poland (X tons), mixing up a X% share of total imports. The Czech Republic (X tons) and Hungary (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Hungary (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Poland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported lithium oxide, hydroxide and carbonates in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

In Poland, lithium oxide, hydroxide and carbonate imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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