Key Market Indicators
Argentina's lithium import is set to decline by 1.3% annually, reaching 78,430 kilograms by 2026, down from 85,150 kilograms in 2021. Since 1998, the country's demand has decreased 5.8% year on year. In 2021, the Czech Republic overtook Argentina to become the 24th largest lithium importer with 85,150 kilograms. China, Japan and the United States ranked 2nd, 3rd and 4th respectively. Meanwhile, Argentina's lithium export is expected to grow 3.3% annually, reaching 39,941,000 kilograms by 2026, up from 32,483,000 kilograms in 2021. Since 2000, the country's supply has increased 7% year on year. In 2021, Chile was the largest lithium exporter, supplying 32,483,000 kilograms. Argentina, Belgium and China ranked 2nd, 3rd and 4th respectively.