Lithium Carbonate Prices In USA
- United States: 18225 USD/MT (Lithium Carbonate Battery Grade)
The lithium carbonate prices in the USA for Q4 2023 reached 18225 USD/MT in December.
The latest report by IMARC Group, titled " Lithium Carbonate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data ," provides a thorough examination of Lithium Carbonate Prices . This report delves into the price of lithium carbonate globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Lithium Carbonate Prices Analysis
- Japan: 17060 USD/MT
- Belgium: 18010 USD/MT
- Chile: 16710 USD/MT
Report Offering:
- Monthly Updates - Annual Subscription
- Quarterly Updates - Annual Subscription
- Annual Updates - Annual Subscription
The study delves into the factors affecting lithium carbonate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/lithium-carbonate-pricing-report/requestsample
Lithium Carbonate Price Trend- Last Quarter
In the third quarter of 2024, the market for lithium carbonate across North America, faces a considerable downturn, largely propelled by a combination of feeble requirements, oversupply, and market disruptions. The USA market, in particular, saw a continuous decline in prices, with the primary factors being weak demand, high domestic inventories, and an influx of cheaper imports. The situation was further worsened by port blockage and shipping delays, which intensified the surplus issue. The electric vehicle (EV) market showed stagnant sales, limiting trading activity and contributing to the bearish sentiment. The quarter-on-quarter comparison indicates a considerable drop in prices, reflecting the ongoing challenges in the market.
Lithium Carbonate Industry Analysis
The market also saw a substantial downturn in the Asia Pacific area, especially in China. Even though output increased annually, the battery industry's demand remained low, which resulted in slow trade and low levels of manufacturer procurement. Plug-in hybrid sales soared while sales of pure electric vehicles grew modestly, resulting in the underperformance of EV market. The usage of lithium carbonate decreased as a result of this change in customer preferences. The supply-demand discrepancy was also made worse by China's large inventory levels, which made downstream companies choose contracts with lengthy terms over impulsive purchases. Chilean and Argentinean imports declined, and some manufacturers thought about reducing output to offset losses. The market's difficulties were highlighted by China's quarterly price decline, which was caused by oversupply and poor demand.
A similar downward trend was seen in the European lithium carbonate market, which was fueled by a lacklustre Asian market sentiment and a reduction among European as well as North American activity. Expectations of overstock were raised by the area's growing emphasis on domestic lithium mining as a means of lowering reliance on imports, particularly from China. The EV market presented difficulties for European manufacturers, as demand was impacted by elevated prices and a lack of available models. Although EV registrations rose in certain nations, such as Belgium along with the Netherlands, they were unable to counteract the decline in Germany, the biggest EV market in Europe. Prices consequently fell gradually throughout the region, indicating weak demand and continuous market pressures for lithium carbonate.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, considerations studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact us :
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email : sales@imarcgroup.com
Tel No :(D) +91 120 433 0800
United States : +1-631-791-1145
