Report Update Feb 1, 2025

Turkey - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Lithium Carbonate Market 2025

Lithium Carbonate Market Size in Turkey

For the third year in a row, the Turkish lithium carbonate market recorded decline in sales value, which decreased by -35.8% to $X in 2021. Over the period under review, consumption saw a abrupt slump. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Lithium Carbonate Exports

Exports from Turkey

In 2021, lithium carbonate exports from Turkey skyrocketed to X tons, jumping by 120% against 2020. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 682%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, lithium carbonate exports skyrocketed to $X in 2021. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2018 with an increase of 681% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Serbia (X kg), Russia (X kg) and Iran (X kg) were the main destinations of lithium carbonate exports from Turkey, together comprising 76% of total exports.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +891.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lithium carbonate exported from Turkey were Serbia ($X), Russia ($X) and Iran ($X), together accounting for 75% of total exports.

Serbia, with a CAGR of +1,181.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lithium carbonate export price stood at $X per ton in 2021, remaining stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 76% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to France ($X per ton) and Russia ($X per ton), while the average price for exports to Georgia ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium Carbonate Imports

Imports into Turkey

In 2021, imports of lithium carbonates into Turkey declined remarkably to X tons, with a decrease of -44.7% against 2020. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, lithium carbonate imports contracted remarkably to $X in 2021. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 61% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Chile (X tons) constituted the largest lithium carbonate supplier to Turkey, accounting for a 57% share of total imports. Moreover, lithium carbonate imports from Chile exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile stood at -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.0% per year) and Belgium (-6.4% per year).

In value terms, Chile ($X) constituted the largest supplier of lithium carbonates to Turkey, comprising 56% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.6% per year) and Belgium (+12.1% per year).

Import Prices by Country

The average lithium carbonate import price stood at $X per ton in 2021, picking up by 24% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 54%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide, hydroxide and carbonate in the world?

China remains the largest lithium oxide, hydroxide and carbonate consuming country worldwide, accounting for 34% of total volume. Moreover, lithium oxide, hydroxide and carbonate consumption in China exceeded the figures recorded by the second-largest consumer, Chile, twofold. The third position in this ranking was occupied by Japan, with a 12% share.

What are the largest producers of lithium oxide, hydroxide and carbonate in the world?

The countries with the highest volumes of in 2021 were China, Chile and Australia, with a combined 80% share of global production. These countries were followed by Argentina, the United States, the Netherlands and Russia, which together accounted for a further 17%.

What are the leading suppliers of lithium oxide, hydroxide and carbonate to Turkey?

In value terms, Chile constituted the largest supplier of lithium oxide, hydroxide and carbonate to Turkey, comprising 58% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports. It was followed by Russia, with a 13% share.

What are the leading importers of lithium oxide, hydroxide and carbonate from Turkey?

In value terms, the Netherlands emerged as the key foreign market for lithium oxide, hydroxide and carbonate exports from Turkey, comprising 95% of total exports. The second position in the ranking was occupied by Azerbaijan, with a 2.4% share of total exports.

What is the average export price for lithium oxide, hydroxide and carbonate in Turkey?

In 2021, the average export price for lithium oxide, hydroxide and carbonates amounted to $17,410 per ton, increasing by 2.9% against the previous year.

What is the average import price for lithium oxide, hydroxide and carbonate in Turkey?

In 2021, the average import price for lithium oxide, hydroxide and carbonates amounted to $9,142 per ton, picking up by 14% against the previous year.

This report provides an in-depth analysis of the lithium carbonate market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024