Middle East: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in the Middle East

For the fourth consecutive year, the Middle Eastern market for lithium oxide, hydroxide and carbonates recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption enjoyed a prominent increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Lithium Oxide, Hydroxide and Carbonate in the Middle East

In value terms, lithium oxide, hydroxide and carbonate production expanded modestly to $X in 2022 estimated in export price. In general, production saw a significant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in the Middle East

In 2022, shipments abroad of lithium oxide, hydroxide and carbonates increased by X% to X tons, rising for the eighth consecutive year after two years of decline. In general, exports saw significant growth. 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 surged to $X in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the largest exporter of lithium oxide, hydroxide and carbonates, comprising X% of total exports. It was distantly followed by Turkey (X tons), constituting 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 the Middle East, with a CAGR of X% from 2012-2022. Turkey (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, the United Arab Emirates ($X) remains the largest lithium oxide, hydroxide and carbonate supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a pronounced expansion. The growth pace was the most rapid in 2016 an increase of X%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 stood at $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 the Middle East

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

Imports by Country

The United Arab Emirates represented the key importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Turkey (X tons) and Iran (X tons), together comprising a 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. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported lithium oxide, hydroxide and carbonates in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

In the United Arab Emirates, lithium oxide, hydroxide and carbonate imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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