In 2023, China dominated global exports of lithium oxide and hydroxide, contributing significantly more in monetary value than other countries, followed by Chile and the United States. Notably, Chile showed the highest year-on-year growth of 8.72%, while Canada's exports contracted by 5.53%. Slovenia and Spain indicated substantial increases of 15.06% and 14.11%, respectively, suggesting emerging roles in the market. However, countries like Czech Republic and Australia experienced notable declines, at -8.63% and -5.58% respectively.
Future trends to watch include potential shifts as countries ramp up lithium processing capabilities to meet increasing demand, driven by the global push towards electric mobility and renewable energy storage solutions. The diversification and stability of supply, especially from developing regions, could play a vital role in the global supply chain.
Top countries in Export of Lithium Oxide and Hydroxide by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 488,990,000 | 2023 | +5.98% | +4.2% | View data |
| 2 | 2 Chile | 145,020,000 | 2023 | +5.35% | +8.72% | View data |
| 3 | 3 United States | 128,760,000 | 2023 | +3.89% | +4.78% | View data |
| 4 | 4 Russia | 89,754,000 | 2023 | +5.57% | +5.93% | View data |
| 5 | 5 Canada | 51,206,000 | 2023 | +6.42% | -5.53% | View data |
| 6 | 6 Belgium | 50,390,000 | 2023 | +4.61% | +5.81% | View data |
| 7 | 7 Netherlands | 22,641,000 | 2023 | +5.66% | +5.09% | View data |
| 8 | 8 United Kingdom | 5,955,600 | 2023 | +5.33% | +4.62% | View data |
| 9 | 9 India | 3,217,700 | 2023 | +3.92% | +4.63% | View data |
| 10 | 10 France | 3,145,100 | 2023 | +4.96% | +4.97% | View data |
