EU: Lithium Oxide Market 2025

Lithium Oxide Market Size in the EU

The EU lithium oxide market shrank remarkably to $X in 2021, with a decrease of -29% against the previous year. Over the period under review, consumption saw a mild descent. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Lithium Oxide Production in the EU

In value terms, lithium oxide production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 29% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Lithium Oxide Exports

Exports in the EU

In 2021, approx. X tons of lithium oxides were exported in the European Union; with an increase of 111% on the previous year. Overall, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide exports soared to $X in 2021. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 152% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands dominates exports structure, amounting to X tons, which was near 81% of total exports in 2021. Belgium (X tons) held the second position in the ranking, followed by France (X tons). All these countries together took approx. 15% share of total exports. Estonia (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the lithium oxides exports, with a CAGR of +42.0% from 2012 to 2021. At the same time, Estonia (+41.2%) and France (+19.5%) displayed positive paces of growth. By contrast, Belgium (-11.4%) illustrated a downward trend over the same period. While the share of the Netherlands (+71 p.p.), Estonia (+2.4 p.p.) and France (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-73.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest lithium oxide supplier in the European Union, comprising 68% of total exports. The second position in the ranking was held by Belgium ($X), with a 15% share of total exports. It was followed by France, with an 8.6% share.

In the Netherlands, lithium oxide exports expanded at an average annual rate of +37.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-6.4% per year) and France (+23.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, which is down by -19.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 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 Estonia ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+20.0%), while the other leaders experienced more modest paces of growth.

Lithium Oxide Imports

Imports in the EU

In 2021, imports of lithium oxides in the European Union expanded notably to X tons, growing by 12% compared with 2020. Overall, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, lithium oxide imports soared to $X in 2021. In general, imports showed resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by 57%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons) and France (X tons) represented roughly 57% of total imports in 2021. It was distantly followed by Spain (X tons), the Czech Republic (X tons), Belgium (X tons) and Poland (X tons), together making up a 32% share of total imports. Sweden (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +36.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021, together accounting for 65% of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +38.8%, saw the highest growth rate of 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 the European Union stood at $X per ton in 2021, increasing by 13% against the previous year. Import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lithium oxide import price increased by +14.3% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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