Report Update May 1, 2025

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

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Finland: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in Finland

The Finnish lithium carbonate market declined notably to $X in 2021, with a decrease of -19.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Lithium Carbonate Exports

Exports from Finland

In 2020, after three years of growth, there was significant decline in overseas shipments of lithium carbonates, when their volume decreased by -99.6% to X kg. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2015 when exports increased by 59%. As a result, the exports reached the peak of X tons. From 2016 to 2020, the growth of the exports remained at a lower figure.

In value terms, lithium carbonate exports contracted significantly to $X in 2020. In general, exports showed a precipitous decline. The growth pace was the most rapid in 2019 with an increase of 117% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

The United States (X kg) was the main destination for lithium carbonate exports from Finland, with a 75% share of total exports. Moreover, lithium carbonate exports to the United States exceeded the volume sent to the second major destination, Chile (X kg), threefold.

From 2012 to 2020, the average annual rate of growth in terms of volume to the United States was relatively modest.

In value terms, the United States ($X) emerged as the key foreign market for lithium carbonates exports from Finland, comprising 97% of total exports. The second position in the ranking was taken by Chile ($X), with a 3.4% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2020, the average lithium carbonate export price amounted to $X per ton, increasing by 33% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 75%. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.0%).

Lithium Carbonate Imports

Imports into Finland

In 2021, approx. X tons of lithium carbonates were imported into Finland; declining by -18.1% on the year before. Overall, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2016 with an increase of 61% against the previous year. Imports peaked at X tons in 2017; however, from 2018 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, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 86%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Belgium (X kg) were the main suppliers of lithium carbonate imports to Finland, together comprising 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +13.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest lithium carbonate suppliers to Finland, with a combined 99% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +19.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average lithium carbonate import price stood at $X per ton in 2021, shrinking by -1.9% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lithium carbonate import price decreased by -37.6% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+10.6%), 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?

The country with the largest volume of lithium oxide, hydroxide and carbonate consumption was China, 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. The third position in this ranking was occupied by Japan, 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, with a combined 80% share of global production. These countries were followed by Argentina, the United States, the Netherlands and Russia, which together accounted for a further 17%.

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

In value terms, the largest lithium oxide, hydroxide and carbonate suppliers to Finland were Germany and the Netherlands.

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

In value terms, the United States $35) remains the key foreign market for lithium oxide, hydroxide and carbonate exports from Finland, comprising 0.3% of total exports. The second position in the ranking was occupied by the UK $12), with a 0.1% share of total exports.

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

In 2021, the average export price for lithium oxide, hydroxide and carbonates amounted to $19,296 per ton, declining by -50.5% against the previous year.

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

In 2021, the average import price for lithium oxide, hydroxide and carbonates amounted to $10,619 per ton, falling by -6.3% against the previous year.

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

Finland

Data coverage:

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