Key Market Indicators
Latvia is set to see a 4.3% year-on-year growth in lithium imports between 2021 and 2026, with 39,840 kilograms expected by 2026. Since 2004, Latvian demand has grown by 14.9% annually. In 2021, Latvia ranked 33rd, with Bangladesh ahead of them at 30,870 kilograms. China, Japan and the United States were the top three countries in this ranking. In 2018, Latvia's lithium exports amounted to 19,860 kilograms, a slight decrease of 0.7% from the previous year. Latvia ranked 22nd, with Switzerland ahead at 19,860 kilograms. Argentina, Belgium and China were the top three countries in this ranking.