The overall value of lithium ion batteries exports increased by an average 13.4% for all exporting countries since 2018 when lithium ion batteries shipments were valued at $2.88 billion. Year over year, revenues from exported lithium ion batteries slowed to a 1.7% gain from in 2022 compared to $3.21 billion during 2021.
Year over year, revenues from exported lithium ion batteries slowed to a 1.7% gain from in 2022 compared to $3.21 billion during 2021. The 5 biggest exporters of lithium batteries are the United States of America, mainland China, Singapore, Hong Kong and Indonesia.
Thus, the statistics below present the deficit between the value of each country’s purchases of imported lithium ion batteries and its exports for that same commodity. Malaysia: -US$214.1 million (net export deficit up 12.7% since 2021)
In the short to medium-term, deficits are expected for lithium in 2022-2023, whereas the global supply/demand market balance will be tight for nickel (by 2029), graphite (by 2024) and manganese (by 2025). By 2025, the EU domestic production of battery cells is expected to cover EU’s consumption needs for electric vehicles and energy storage.
The fastest-growing sellers of lithium batteries from 2021 to 2022 are Kazakhstan (up 7,090%), Jordan (up 6,350%), Senegal (up 5,027%), Armenia (up 4,700%), Angola (up 2,940%) and Cyprus (up 2,850%). You can change the presentation order by clicking the triangle icon at the top of any of the columns above.
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RMIS
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,UN Comtrade2012—2020, …
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