Norway: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in Norway

In 2022, the Norwegian market for lithium oxide, hydroxide and carbonates increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption posted 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 Norway

In value terms, lithium oxide, hydroxide and carbonate production reduced modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value 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, production decreased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from Norway

In 2022, approx. X kg of lithium oxide, hydroxide and carbonates were exported from Norway; growing by X% against the previous year's figure. In general, exports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lithium oxide, hydroxide and carbonate exports soared to $X in 2022. Overall, exports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X kg) was the main destination for lithium oxide, hydroxide and carbonate exports from Norway, with a X% share of total exports. Moreover, lithium oxide, hydroxide and carbonate exports to the United States exceeded the volume sent to the second major destination, Canada (X kg), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) emerged as the key foreign market for lithium oxide, hydroxide and carbonates exports from Norway, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

In 2022, the average export price for lithium oxide, hydroxide and carbonates amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into Norway

In 2022, the amount of lithium oxide, hydroxide and carbonates imported into Norway skyrocketed to X tons, picking up by X% compared with the year before. In general, imports showed a buoyant 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 surged to $X in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of lithium oxide, hydroxide and carbonate to Norway, with a X% share of total imports. Moreover, lithium oxide, hydroxide and carbonate imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold. The third position in this ranking was taken by Switzerland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Switzerland (X% per year).

In value terms, the largest lithium oxide, hydroxide and carbonate suppliers to Norway were Taiwan (Chinese) ($X), Switzerland ($X) and the Netherlands ($X), together accounting for X% of total imports.

Switzerland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed strong growth. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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