South-Eastern Asia: Market for Lithium Oxide, Hydroxide and Carbonate 2025

Market Size for Lithium Oxide, Hydroxide and Carbonate in South-Eastern Asia

The Southeast Asian market for lithium oxide, hydroxide and carbonates surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a remarkable increase. 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 South-Eastern Asia

In value terms, lithium oxide, hydroxide and carbonate production rose sharply to $X in 2022 estimated in export price. In general, production, however, saw a significant increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports in South-Eastern Asia

After two years of growth, overseas shipments of lithium oxide, hydroxide and carbonates decreased by X% to X tons in 2022. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined significantly in the following year.

In value terms, lithium oxide, hydroxide and carbonate exports soared to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X tons) was the main exporter of lithium oxide, hydroxide and carbonates, achieving X% of total exports. Malaysia (X tons) held the second position in the ranking, distantly followed by Singapore (X tons). All these countries together took approx. X% share of total exports.

Thailand was also the fastest-growing in terms of the lithium oxide, hydroxide and carbonates exports, with a CAGR of X% from 2012 to 2022. At the same time, Malaysia (X%) displayed positive paces of growth. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X), Thailand ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Thailand, with a CAGR of X%, 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

In 2022, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports in South-Eastern Asia

In 2022, overseas purchases of lithium oxide, hydroxide and carbonates increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports posted prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

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

Imports by Country

Singapore (X tons) and Thailand (X tons) prevails in imports structure, together constituting X% of total imports. It was distantly followed by Indonesia (X tons), committing a X% share of total imports. Malaysia (X tons), the Philippines (X tons) and Brunei Darussalam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brunei Darussalam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium oxide, hydroxide and carbonate importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Indonesia ($X), together accounting for X% of total imports. Malaysia, the Philippines and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price continues to indicate a remarkable increase. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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