In 2023, Canada led global exports of lithium oxide and hydroxide with 71.508 million kilograms, despite a 5.83% decrease from 2022. China followed with 34.307 million kilograms, experiencing a 4.24% growth. Notable growth was observed in the Netherlands (6.24%) and Chile (11.06%), while Slovenia outpaced others with a 58.36% increase. Smaller markets like Spain and Poland also showcased significant growth at 14.03% and 12.49%, respectively. Conversely, Austria saw the largest drop at 20.82%.
Moving forward, watch for significant growth in emerging markets within Europe and Asia, alongside shifts in global trade policies that may influence export dynamics. Technological advancements and sustainability trends could further shape production and export strategies, particularly in China and the United States. Moreover, geopolitical factors and resource availability will remain critical to future market balances.
Top countries in Export of Lithium Oxide and Hydroxide by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 71,508,000 | 2023 | +5.98% | -5.83% | View data |
| 2 | 2 China | 34,307,000 | 2023 | +5.57% | +4.24% | View data |
| 3 | 3 Netherlands | 17,999,000 | 2023 | +6.22% | +6.24% | View data |
| 4 | 4 United States | 10,306,000 | 2023 | +1.85% | +2.99% | View data |
| 5 | 5 Chile | 9,611,000 | 2023 | +4.63% | +11.06% | View data |
| 6 | 6 Russia | 6,683,300 | 2023 | +4.7% | +5.36% | View data |
| 7 | 7 Switzerland | 2,685,800 | 2023 | +5.85% | +3.99% | View data |
| 8 | 8 Belgium | 2,374,100 | 2023 | +1.59% | +3.05% | View data |
| 9 | 9 United Kingdom | 235,300 | 2023 | +2.85% | +3.49% | View data |
| 10 | 10 Slovenia | 229,070 | 2023 | +4.85% | +58.36% | View data |
