Report Update: Apr 1, 2024

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

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Lithium Carbonate Price in Argentina - 2023

Lithium Carbonate Price in Argentina (CIF) - 2023

In June 2023, the average lithium carbonate import price amounted to $75,915 per ton, leveling off at the previous month. Overall, the import price continues to indicate tangible growth. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 665% month-to-month. As a result, import price reached the peak level of $388K per ton. From September 2022 to June 2023, the average import prices remained at a lower figure.

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

From July 2022 to June 2023, the rate of growth in terms of prices for Chile amounted to +3.7% per month.

Lithium Carbonate Price in Argentina (FOB) - 2022

In 2022, the average lithium carbonate export price amounted to $3,968 per ton, almost unchanged from the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 45%. Over the period under review, the average export prices attained the maximum at $7,503 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,483 per ton), while the average price for exports to Belgium ($2,733 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 China (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Lithium Carbonate Imports in Argentina

For the fourth year in a row, Argentina recorded growth in purchases abroad of lithium carbonates, which increased by 32% to 172 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.6% 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 +98.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, lithium carbonate imports surged to $1.9M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +71.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Lithium Carbonate in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	647	387	968	1,566	34.3%
Germany	248	207	108	312	8.0%
China	27.5	19.3	77.0	N/A	67.3%
Belgium	144	201	246	N/A	30.7%
United States	101	75.1	31.2	N/A	-44.4%
Others	281	213	140	7.1	-70.7%
Total	1,448	1,102	1,570	1,885	9.2%

Top Suppliers of Lithium Carbonate to Argentina in 2022:

Chile (167.1 tons)
Germany (5.0 tons)

Lithium Carbonate Exports in Argentina

In 2022, lithium carbonate exports from Argentina was estimated at 7.1K tons, approximately equating 2021. Overall, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, lithium carbonate exports totaled $28M in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of 99.9% was in 2021.

Export of Lithium Carbonate in Argentina (Million USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Japan	4.7	N/A	9.5	42.2%
China	20.3	N/A	7.6	-38.8%
South Korea	1.2	N/A	4.8	100.0%
United States	14.6	N/A	2.7	-57.0%
Belgium	5.3	N/A	0.8	-61.1%
France	1.4	N/A	0.5	-40.2%
Russia	2.8	N/A	0.5	-57.7%
Others	5.8	N/A	1.7	-45.9%
Total	56.1	N/A	28.0	-29.4%

Top Export Markets for Lithium Carbonate from Argentina in 2022:

Japan (2451.2 tons)
China (1693.5 tons)
South Korea (1164.3 tons)
United States (825.6 tons)
Belgium (277.8 tons)
Russia (151.3 tons)
France (148.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lithium carbonate market in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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