Poland: Lithium Oxide Market 2025

Lithium Oxide Market Size in Poland

After two years of decline, the Polish lithium oxide market increased by 549% to $X in 2021. In general, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lithium Oxide Exports

Exports from Poland

In 2021, shipments abroad of lithium oxides decreased by -10.1% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 177% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, lithium oxide exports surged to $X in 2021. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by 103% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Ukraine (X tons), Hungary (X tons) and Turkey (X tons) were the main destinations of lithium oxide exports from Poland, together accounting for 65% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +112.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lithium oxide exported from Poland were Hungary ($X), Ukraine ($X) and Turkey ($X), together accounting for 67% of total exports.

Among the main countries of destination, Hungary, with a CAGR of +120.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lithium oxide export price stood at $X per ton in 2021, jumping by 40% against the previous year. Over the period under review, the export price enjoyed strong growth. The growth pace was the most rapid in 2016 an increase of 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium Oxide Imports

Imports into Poland

Lithium oxide imports into Poland surged to X tons in 2021, jumping by 231% compared with the previous year's figure. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lithium oxide imports surged to $X in 2021. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest lithium oxide supplier to Poland, accounting for a 52% share of total imports. Moreover, lithium oxide imports from Russia exceeded the figures recorded by the second-largest supplier, Estonia (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+143.3% per year) and the Netherlands (+20.3% per year).

In value terms, the largest lithium oxide suppliers to Poland were Russia ($X), Estonia ($X) and the Netherlands ($X), together comprising 87% of total imports.

Estonia, with a CAGR of +312.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average lithium oxide import price amounted to $X per ton, rising by 22% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 104% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+69.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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