Key Market Indicators
Lithium imports to Singapore dropped 24% in 2021 compared to the previous year, according to data collated by the Singapore Statistical Department. The country imported 9,690 kilograms of the metal, a decrease of 25.2% since 1994. Ireland overtook Singapore to become the biggest importer, with 9,690 kilograms. China, Japan and the United States were the second, third and fourth biggest importers respectively. Singaporean exports of lithium also saw a dip of 26.1% in 2021 compared to the previous year, with 8,850 kilograms being shipped out of the country. This is a decrease of 19.5% since 1994. Canada overtook Singapore to become the biggest exporter of the metal, with 8,850 kilograms. Argentina, Belgium and China were the second, third and fourth biggest exporters respectively.