MERCOSUR: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in MERCOSUR

The MERCOSUR market for lithium oxide, hydroxide and carbonates contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, saw buoyant growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Lithium Oxide, Hydroxide and Carbonate in MERCOSUR

In value terms, lithium oxide, hydroxide and carbonate production dropped sharply to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in MERCOSUR

In 2022, the amount of lithium oxide, hydroxide and carbonates exported in MERCOSUR skyrocketed to X tons, rising by X% on 2021 figures. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate exports soared to $X in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Chile (X tons), together recording X% of total export.

Chile was also the fastest-growing in terms of the lithium oxide, hydroxide and carbonates exports, with a CAGR of X% from 2012 to 2022. Chile (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) also remains the largest lithium oxide, hydroxide and carbonate supplier in MERCOSUR.

In Chile, lithium oxide, hydroxide and carbonate exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to X% per year.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports in MERCOSUR

In 2022, imports of lithium oxide, hydroxide and carbonates in MERCOSUR surged to X tons, with an increase of X% compared with the previous year's figure. Total imports indicated buoyant growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide, hydroxide and carbonate imports surged to $X in 2022. Over the period under review, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Argentina (X tons) represented the major importer of lithium oxide, hydroxide and carbonates, making up X% of total imports. Colombia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Venezuela (X%). Peru (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to lithium oxide, hydroxide and carbonate imports into Argentina stood at X%. At the same time, Venezuela (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. Argentina (X p.p.) and Venezuela (X p.p.) significantly strengthened its position in terms of the total imports, while Peru saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) constitutes the largest market for imported lithium oxide, hydroxide and carbonates in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Venezuela, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Argentina stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Venezuela (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Colombia ($X per ton) and Peru ($X per ton), while Venezuela ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform