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Report Mexico - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Mexico - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Lithium Oxide Market 2025

Lithium Oxide Market Size in Mexico

The Mexican lithium oxide market declined dramatically to $X in 2021, with a decrease of -24.7% against the previous year. Overall, consumption recorded a precipitous curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Lithium Oxide Production in Mexico

In value terms, lithium oxide production totaled less than $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern.

Lithium Oxide Exports

Exports from Mexico

For the third consecutive year, Mexico recorded growth in overseas shipments of lithium oxides, which increased by 2,681% to X tons in 2014. In general, exports saw a significant 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 2014. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Cuba (X tons) was the main destination for lithium oxide exports from Mexico, accounting for a 96% share of total exports. Moreover, lithium oxide exports to Cuba exceeded the volume sent to the second major destination, Guatemala (X kg), more than tenfold.

From 2012 to 2014, the average annual growth rate of volume to Cuba was relatively modest.

In value terms, Cuba ($X) emerged as the key foreign market for lithium oxides exports from Mexico, comprising 95% of total exports. The second position in the ranking was held by Guatemala ($X), with a 4.7% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of value to Cuba was relatively modest.

Export Prices by Country

In 2014, the average lithium oxide export price amounted to $X per ton, falling by -14.9% against the previous year. In general, the export price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2013 an increase of 7.6%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2014, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Cuba totaled $X per ton.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+5.2%).

Lithium Oxide Imports

Imports into Mexico

Lithium oxide imports into Mexico contracted notably to X tons in 2020, reducing by -51% compared with the previous year's figure. In general, imports saw a sharp contraction. The pace of growth was the most pronounced in 2014 with an increase of 25%. As a result, imports reached the peak of X tons. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, lithium oxide imports declined rapidly to $X in 2020. Over the period under review, imports recorded a precipitous slump. The growth pace was the most rapid in 2014 when imports increased by 25%. As a result, imports reached the peak of $X. From 2015 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, the United States (X tons) was the main lithium oxide supplier to Mexico, with a 95% share of total imports. Moreover, lithium oxide imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume from the United States stood at -12.8%.

In value terms, the United States ($X) constituted the largest supplier of lithium oxides to Mexico, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 3.6% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from the United States totaled -16.1%.

Import Prices by Country

The average lithium oxide import price stood at $X per ton in 2020, approximately reflecting the previous year. Over the last eight-year period, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 27%. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+95.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of lithium oxide consumption in 2020 were Australia, South Korea and Japan, together comprising 80% of global consumption.
The countries with the highest volumes of lithium oxide production in 2020 were China, Australia and Chile, together comprising 78% of global production. The United States, Russia, Germany and Switzerland lagged somewhat behind, together comprising a further 17%.
In value terms, the United States constituted the largest supplier of lithium oxide to Mexico, comprising 96% of total imports. The second position in the ranking was occupied by China, with a 3.6% share of total imports.
In value terms, the largest markets for lithium oxide exported from Mexico were Guatemala and Ecuador.
In 2020, the average lithium oxide export price amounted to $13,293 per ton, with an increase of 34% against the previous year.
The average lithium oxide import price stood at $21,794 per ton in 2020, with an increase of 63% against the previous year.

This report provides an in-depth analysis of the lithium oxide market in Mexico. 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:

    • Mexico

    Data coverage:

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

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 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

    12. 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

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