MERCOSUR: Lithium-Ion Accumulator Market 2025

Lithium-Ion Accumulator Market Size in MERCOSUR

In 2021, the MERCOSUR lithium-ion accumulator market increased by 32% to $X, rising for the fifth year in a row after three years of decline. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +120.4% against 2016 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Lithium-Ion Accumulator Production in MERCOSUR

In value terms, lithium-ion accumulator production fell slightly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 41% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Lithium-Ion Accumulator Exports

Exports in MERCOSUR

Lithium-ion accumulator exports reduced rapidly to X units in 2021, falling by -34.9% on 2020 figures. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 210%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, lithium-ion accumulator exports dropped slightly to $X in 2021. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 61%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil dominates exports structure, finishing at X units, which was near 84% of total exports in 2021. It was distantly followed by Chile (X units) and Argentina (X units), together mixing up an 11% share of total exports. Colombia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to lithium-ion accumulator exports from Brazil stood at -17.0%. At the same time, Colombia (+24.1%), Chile (+20.3%) and Argentina (+4.3%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +24.1% from 2012-2021. From 2012 to 2021, the share of Chile, Argentina and Colombia increased by +6.2, +4.2 and +2 percentage points, respectively.

In value terms, Brazil ($X) remains the largest lithium-ion accumulator supplier in MERCOSUR, comprising 58% of total exports. The second position in the ranking was held by Chile ($X), with a 24% share of total exports. It was followed by Argentina, with a 9.1% share.

In Brazil, lithium-ion accumulator exports plunged by an average annual rate of -10.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Chile (+71.9% per year) and Argentina (+11.8% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, surging by 49% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by 105%. As a result, the export price attained the peak level of $X per unit. From 2020 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, the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+42.9%), while the other leaders experienced more modest paces of growth.

Lithium-Ion Accumulator Imports

Imports in MERCOSUR

In 2021, the amount of lithium-ion accumulators imported in MERCOSUR rose remarkably to X units, growing by 8.1% against the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 24% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, lithium-ion accumulator imports soared to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +120.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil dominates imports structure, amounting to X units, which was approx. 78% of total imports in 2021. It was distantly followed by Argentina (X units) and Colombia (X units), together mixing up a 14% share of total imports. Chile (X units) and Peru (X units) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of lithium-ion accumulators. At the same time, Chile (+59.8%), Peru (+41.3%) and Colombia (+15.9%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +59.8% from 2012-2021. By contrast, Argentina (-4.2%) illustrated a downward trend over the same period. While the share of Chile (+4.2 p.p.), Colombia (+3.3 p.p.) and Peru (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Brazil (-5 p.p.) and Argentina (-6.2 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) constitutes the largest market for imported lithium-ion accumulators in MERCOSUR, comprising 71% of total imports. The second position in the ranking was held by Argentina ($X), with an 11% share of total imports. It was followed by Chile, with a 6.4% share.

In Brazil, lithium-ion accumulator imports expanded at an average annual rate of +7.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Argentina (+1.3% per year) and Chile (+46.6% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, picking up by 25% against the previous year. Import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lithium-ion accumulator import price increased by +67.6% against 2013 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform