The global import of Lithium Oxide and Hydroxide is dominated by Japan and South Korea, contributing 50.61% and 17.66% respectively in 2024. Significant growth observed in Japan (13.99%) and Slovenia (29.76%), while Ukraine and Lithuania saw declines of 6.76% and 12.11% respectively. France's import surged by 18.58%, and Latvia exhibited a remarkable growth rate of 340.43%. Notably, the United States and India showed moderate growth at 4.62% and 1.29%, respectively. Contrarily, the United Kingdom and Russia experienced negative growth rates of 0.057% and 3.99%.
Future trends to watch include potential shifts in import volumes from emerging markets and fluctuations influenced by global policies on renewable energy and battery production. Watch for expansion in imports by developing economies and strategic shifts by major importers like Japan and South Korea for sustainable sourcing.
Top countries in Import of Lithium Oxide and Hydroxide Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 50.61 | 2023 | +6.09% | +13.99% | View data |
| 2 | 2 South Korea | 17.66 | 2023 | +5.83% | +4.02% | View data |
| 3 | 3 Spain | 3.63 | 2023 | +5.24% | +3.08% | View data |
| 4 | 4 Belgium | 3.17 | 2023 | +1.2% | +2.31% | View data |
| 5 | 5 Canada | 2.62 | 2023 | +1.73% | +2.5% | View data |
| 6 | 6 India | 2.49 | 2023 | +1.39% | +1.29% | View data |
| 7 | 7 France | 1.99 | 2023 | +3.72% | +18.58% | View data |
| 8 | 8 United States | 1.56 | 2023 | +0.64% | +4.62% | View data |
| 9 | 9 Slovenia | 0.86 | 2023 | +3.35% | +29.76% | View data |
| 10 | 10 Thailand | 0.54 | 2023 | +1.94% | +5.36% | View data |
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