The global import of lithium carbonates by value in 2023 reveals South Korea as the largest importer, followed by China and Japan. Among the notable changes, South Korea has seen a 3.68% increase, while China experienced a 6.11% growth. The United States saw a modest rise of 2.62% compared to last year. Germany and South Africa faced declines, with -3.4% and -4.53%, respectively. Kazahkstan displayed an exceptional increase of 99.42%. On average, the compound annual growth rate (CAGR) across these countries over the last five years indicates positive, yet varied expansion within this market.
Future trends in lithium carbonate imports should consider the growing demands from emerging technologies, electric vehicles, and energy storage that could shift import dynamics. Monitoring the rapid growth of import shares, especially in developing regions and technology-driven countries, will provide insights into future market shifts.
Top countries in Import of Lithium Carbonates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 26.46 | 2023 | +5.84% | +3.68% | View data |
| 2 | 2 China | 23.43 | 2023 | +5.62% | +6.11% | View data |
| 3 | 3 Japan | 18.87 | 2023 | +5.47% | +4.34% | View data |
| 4 | 4 Belgium | 8.69 | 2023 | +5.42% | +3.82% | View data |
| 5 | 5 United States | 7.05 | 2023 | +4.32% | +2.62% | View data |
| 6 | 6 Russia | 3.65 | 2023 | +5.65% | +5.27% | View data |
| 7 | 7 France | 1.65 | 2023 | +5.12% | +1.5% | View data |
| 8 | 8 United Kingdom | 1.55 | 2023 | +5.65% | +4.55% | View data |
| 9 | 9 Malaysia | 1.06 | 2023 | +6.33% | +2.63% | View data |
| 10 | 10 Germany | 1.01 | 2023 | -1.58% | -3.4% | View data |
