MENA: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in MENA

The MENA's market for lithium oxide, hydroxide and carbonates skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption recorded resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Lithium Oxide, Hydroxide and Carbonate in MENA

In value terms, lithium oxide, hydroxide and carbonate production expanded to $X in 2022 estimated in export price. Over the period under review, production enjoyed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in MENA

In 2022, overseas shipments of lithium oxide, hydroxide and carbonates increased by X% to X tons, rising for the eighth consecutive year after two years of decline. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

Exports by Country

In 2022, the United Arab Emirates (X tons) was the major exporter of lithium oxide, hydroxide and carbonates, achieving X% of total exports. It was distantly followed by Turkey (X tons), mixing up an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lithium oxide, hydroxide and carbonate exports from the United Arab Emirates stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest lithium oxide, hydroxide and carbonate supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price saw notable growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports in MENA

In 2022, supplies from abroad of lithium oxide, hydroxide and carbonates increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the largest importer of lithium oxide, hydroxide and carbonates, achieving X% of total imports. Turkey (X tons) took the second position in the ranking, distantly followed by Iran (X tons). All these countries together held approx. X% share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the lithium oxide, hydroxide and carbonates imports, with a CAGR of X% from 2012 to 2022. At the same time, Iran (X%) displayed positive paces of growth. By contrast, Turkey (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey 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, the United Arab Emirates ($X) constitutes the largest market for imported lithium oxide, hydroxide and carbonates in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2017 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 failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform