Report Update Nov 1, 2024

Venezuela - Lithium Oxide - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Venezuela: Lithium Oxide Market 2024

Lithium Oxide Market Size in Venezuela

For the fifth consecutive year, the Venezuelan lithium oxide market recorded growth in sales value, which increased by 4.9% to $X in 2021. In general, consumption continues to indicate a strong increase. Lithium oxide consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Lithium Oxide Exports

Exports from Venezuela

In 2018, the amount of lithium oxides exported from Venezuela totaled X kg, therefore, remained relatively stable against 2017 figures. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2018 and are expected to retain growth in the immediate term.

In value terms, lithium oxide exports totaled $X in 2018. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2018 and are likely to see gradual growth in years to come.

Exports by Country

South Korea (X kg) was the main destination for lithium oxide exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2018 to 2018, the average annual rate of growth in terms of volume to South Korea was relatively modest.

From 2018 to 2018, the average annual growth rate of value to South Korea was relatively modest.

Lithium Oxide Imports

Imports into Venezuela

In 2021, lithium oxide imports into Venezuela rose rapidly to X tons, surging by 5.4% compared with 2020 figures. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2015 when imports increased by 108%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, lithium oxide imports rose modestly to $X in 2021. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 169% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of lithium oxide to Venezuela, accounting for a 85% share of total imports. Moreover, lithium oxide imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +20.5%.

In value terms, the United States ($X) constituted the largest supplier of lithium oxides to Venezuela, comprising 90% of total imports. The second position in the ranking was taken by Chile ($X), with a 4.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +23.0%.

Import Prices by Country

In 2021, the average lithium oxide import price amounted to $X per ton, standing approx. at the previous year. Over the last nine-year period, it increased at an average annual rate of +5.6%. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+73.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium oxide in the world?

The countries with the highest volumes of lithium oxide consumption in 2020 were Australia, South Korea and Japan, together accounting for 80% of global consumption.

What are the largest producers of lithium oxide in the world?

The countries with the highest volumes of lithium oxide production in 2020 were China, Australia and Chile, together comprising 78% of global production. These countries were followed by the United States, Russia, Germany and Switzerland, which together accounted for a further 17%.

What are the leading suppliers of lithium oxide to Venezuela?

In value terms, the United States constituted the largest supplier of lithium oxide to Venezuela, comprising 91% of total imports. The second position in the ranking was occupied by Chile, with a 6.1% share of total imports.

What is the average export price for lithium oxide in Venezuela?

In 2018, the average lithium oxide export price amounted to $10,400 per ton, remaining stable against the previous year.

What is the average import price for lithium oxide in Venezuela?

The average lithium oxide import price stood at $10,605 per ton in 2020, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the lithium oxide market in Venezuela. 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:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
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
Find deeper insights into current market developments
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023