Hungary - Lithium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLithium Carbonate Price in Hungary - 2023
Contents:
- Lithium Carbonate Price in Hungary (CIF) - 2022
- Lithium Carbonate Price in Hungary (FOB) - 2022
- Lithium Carbonate Imports in Hungary
- Lithium Carbonate Exports in Hungary
Lithium Carbonate Price in Hungary (CIF) - 2022
The average lithium carbonate import price stood at $14,570 per ton in 2022, shrinking by -28.6% against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 66%. The import price peaked at $22,074 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($55,385 per ton), while the price for Austria ($7,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+140.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Lithium Carbonate Price in Hungary (FOB) - 2022
The average lithium carbonate export price stood at $28,183 per ton in 2022, increasing by 870% against the previous year. Overall, the export price recorded a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($58,737 per ton), while the average price for exports to Romania ($3,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+44.2%).
Lithium Carbonate Imports in Hungary
For the fourth consecutive year, Hungary recorded growth in purchases abroad of lithium carbonates, which increased by 31% to 202 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lithium carbonate imports dropped to $2.9M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 66%.
Import of Lithium Carbonate in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 748 | 374 | 708 | 1,989 | 38.5% |
South Korea | 694 | 1,907 | 2,270 | 519 | -9.2% |
France | 14.8 | N/A | 116 | 218 | 145.1% |
Germany | 29.6 | 54.7 | 45.4 | 217 | 94.3% |
United Kingdom | N/A | 169 | 13.4 | 2.9 | -86.9% |
Others | 48.9 | 40.4 | 9.5 | 2.3 | -63.9% |
Total | 1,535 | 2,545 | 3,162 | 2,949 | 24.3% |
Top Suppliers of Lithium Carbonate to Hungary in 2022:
- Belgium (154.4 tons)
- South Korea (19.4 tons)
- Germany (15.1 tons)
- France (13.1 tons)
- United Kingdom (0.1 tons)
Lithium Carbonate Exports in Hungary
In 2022, lithium carbonate exports from Hungary soared to 17 tons, picking up by 130% on the previous year. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 70,747%. As a result, the exports attained the peak of 26 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, lithium carbonate exports soared to $485K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 237,714%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Lithium Carbonate in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | 315 | N/A | 212 | -18.0% |
China | N/A | N/A | N/A | 179 | 0% |
Indonesia | N/A | N/A | N/A | 94.0 | 0% |
Romania | N/A | N/A | 21.6 | 0.2 | -99.1% |
Others | 0.1 | 1.1 | 0.1 | N/A | 0.0% |
Total | 0.1 | 316 | 21.7 | 485 | 1592.7% |
Top Export Markets for Lithium Carbonate from Hungary in 2022:
- Romania (undefined tons)
- South Korea (8.2 tons)
- China (7.3 tons)
- Indonesia (1.6 tons)
This report provides an in-depth analysis of the lithium carbonate market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's best import markets for lithium carbonate, backed by key statistics. Discover the leading countries importing lithium carbonate, including China, South Korea, and Japan.
The pandemic hit battery manufacturing, which is the main lithium-consuming industry hard. Lithium supplies on the global market exceeded demand, resulting in a fall in lithium prices. In the second half of 2020, lithium demand started to recover, buoyed by strong battery sales. Strategic partnerships shaped during the Covid crisis enabled lithium manufacturers to secure stable product supply chains.
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Explore the world's best import markets for lithium carbonate, backed by key statistics. Discover the leading countries importing lithium carbonate, including China, South Korea, and Japan.
The pandemic hit battery manufacturing, which is the main lithium-consuming industry hard. Lithium supplies on the global market exceeded demand, resulting in a fall in lithium prices. In the second half of 2020, lithium demand started to recover, buoyed by strong battery sales. Strategic partnerships shaped during the Covid crisis enabled lithium manufacturers to secure stable product supply chains.
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.