Report Update Aug 9, 2024

Estonia - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Market for Lithium Oxide, Hydroxide and Carbonate 2024

Market Size for Lithium Oxide, Hydroxide and Carbonate in Estonia

In 2023, after two years of decline, there was significant growth in the Estonian market for lithium oxide, hydroxide and carbonates, when its value increased by X% to $X. In general, consumption saw a prominent expansion. Lithium oxide, hydroxide and carbonate consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Lithium Oxide, Hydroxide and Carbonate in Estonia

In value terms, lithium oxide, hydroxide and carbonate production soared to $X in 2023 estimated in export price. In general, production enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Lithium Oxide, Hydroxide and Carbonate

Exports from Estonia

In 2023, shipments abroad of lithium oxide, hydroxide and carbonates decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by X,300% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, lithium oxide, hydroxide and carbonate exports contracted notably to $X in 2023. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X,423% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then declined remarkably in the following year.

Exports by Country

Poland (X tons), the Netherlands (X tons) and Italy (X tons) were the main destinations of lithium oxide, hydroxide and carbonate exports from Estonia, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Poland ($X), the Netherlands ($X) and Italy ($X) constituted the largest markets for lithium oxide, hydroxide and carbonate exported from Estonia worldwide, with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Italy ($X per ton) and Greece ($X per ton), while the average price for exports to Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lithium Oxide, Hydroxide and Carbonate

Imports into Estonia

In 2023, overseas purchases of lithium oxide, hydroxide and carbonates decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, lithium oxide, hydroxide and carbonate imports reduced markedly to $X in 2023. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then declined sharply in the following year.

Imports by Country

In 2023, Russia (X tons) was the main lithium oxide, hydroxide and carbonate supplier to Estonia, with a approx. X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Russia stood at X%.

In value terms, Russia ($X) constituted the largest supplier of lithium oxide, hydroxide and carbonates to Estonia.

From 2012 to 2023, the average annual rate of growth in terms of value from Russia totaled X%.

Import Prices by Country

The average import price for lithium oxide, hydroxide and carbonates stood at $X per ton in 2023, increasing by X% against the previous year. Overall, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked in 2023 and is likely to see gradual growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023