Lithium rose to 94,400 CNY/T on December 2, 2025, up 0.05% from the previous day. Over the past month, Lithium's price has risen 16.54%, and is up 20.64% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lithium - values, historical data, forecasts and news - updated on December of 2025.

In 2022, the average price of battery-grade lithium carbonate stood at ****** U.S. dollars per metric ton. This figure is by far the highest price for battery-grade lithium carbonate recorded in the period of consideration. For 2024, lithium carbonate price was estimated at ****** U.S. dollars per metric ton. Lithium is a highly reactive soft and silvery-white alkali metal. As the third element in the periodic table, it cannot be found in its pure form in nature. Lithium is the least dense of solid elements and the lightest out of all metals. Lithium and batteries One of lithium’s most well-known end uses is in lithium-ion batteries. Lithium-ion batteries are rechargeable and mostly used in portable electronics and electronic vehicles. In lithium-ion batteries, the lithium ions move from the negative electrode to positive electrode while in use, and the process is reversed while charging. These batteries are highly flammable but are also low-maintenance. They have a high energy density and a low self-discharge. Some drawbacks include the fact that they are expensive to manufacture, and that they require protection circuits to maintain the voltage safely. Lithium-ion batteries are also the single-largest end use of lithium, amounting to an ** percent share of global lithium consumption in 2024. Lithium demand forecasts Looking to the future, lithium demand is forecast to stand at *** million tons by 2025. This growth will be mainly driven by lithium-ion battery demand for electric vehicles. Demand is expected to remain the highest in China, which will consistently account for half of global lithium-ion battery demand.

Lithium's market value is forecast to increase to nearly **** billion U.S. dollars by 2030, due to its increasingly significant importance for various applications such as lithium-ion batteries. In 2023, the global market value of lithium amounted to *** billion U.S. dollars.

Explore the dynamic lithium market, influenced by supply-demand dynamics, technological advancements, and geopolitical tensions. Learn how the surge in electric vehicles and energy storage solutions is driving demand and causing price volatility amid environmental and regulatory challenges.

In Q3 2025, North America, the Lithium Carbonate Price Index fell by 3.8% quarter-over-quarter, pressured by abundant imports. Check detailed insights for Europe, South America and APAC.

The lithium market size is projected to grow from USD 22.48 billion in 2024 to USD 155.7 billion by 2035, representing a CAGR of 19.23%, during the forecast period till 2035

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Lithium Market Size 2023-2027

The lithium market size is valued to increase by 1066.47 thousand t, at a CAGR of 25% from 2022 to 2027. Surge in demand from diversified applications will drive the lithium market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 70% growth during the forecast period.
By Application - Batteries segment was valued at USD 148.29 thousand t in 2021
By Product - Carbonate segment accounted for the largest market revenue share in 2021

Market Size & Forecast

Market Opportunities: USD 513.91 thousand t
Market Future Opportunities: USD 1066.47 thousand t
CAGR from 2022 to 2027: 25%

Market Summary

Lithium, a lightweight metal with exceptional electrochemical properties, occupies a pivotal position in the global energy transition. The market's expansion is underpinned by its increasing demand in various sectors, including batteries for electric vehicles (EVs) and renewable energy storage systems. According to the latest market intelligence, the market was valued at approximately USD 16.7 billion in 2020, signaling a significant growth trajectory. Key drivers fueling this trend include advancements in battery technology, stringent environmental regulations, and the increasing adoption of EVs. Moreover, the expanding renewable energy sector, particularly wind and solar, is expected to contribute substantially to the market's growth.
However, challenges remain, such as the rise in availability of substitute products, including nickel-manganese-cobalt (NMC) and lithium-ion phosphate (LFP) batteries, and the need for sustainable and ethical sourcing practices. To meet the escalating demand, major players are investing in capacity expansions. For instance, Albemarle Corporation, a leading lithium producer, announced plans to double its production capacity by 2025. Similarly, Ganfeng Lithium, the world's largest lithium producer, aims to boost its output by 50% by 2023. These efforts will not only cater to the growing demand but also ensure a stable supply chain for the industry. In conclusion, the market's evolution is shaped by its diverse applications, growing demand, and investments in capacity expansions.
Despite challenges, the market is poised for continued growth, driven by the global shift towards sustainable energy sources and the increasing adoption of electric vehicles.

What will be the Size of the Lithium Market during the forecast period?

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How is the Lithium Market Segmented ?

The lithium industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD thousand t' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Application

  Batteries
  Ceramics and glass
  Grease
  Polymer
  Others


Product

  Carbonate
  Hydroxide
  Metal
  Chloride
  Others


Source

  Brine
  Hardrock


End-user Industry

  Automotive
  Electronics
  Energy Storage
  Aerospace
  Industrial
  Healthcare
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The batteries segment is estimated to witness significant growth during the forecast period.

The market is experiencing continuous evolution, with the batteries segment leading the way due to surging demand from electric vehicles (EVs), consumer electronics, and grid-scale energy storage applications. Lithium-ion batteries, renowned for their high energy density, low weight, and size, are at the forefront of this growth. Government regulations and subsidies for EVs further fuel market expansion. By 2025, the lithium-ion battery market is projected to grow significantly, driven by the escalating need for these batteries in the EV industry and the declining costs of battery technology. Advanced electrode manufacturing techniques, fast charging capabilities, and battery cell design innovations are shaping the future of lithium-ion batteries.

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The Batteries segment was valued at USD 148.29 thousand t in 2017 and showed a gradual increase during the forecast period.

Material science advancements, including battery safety standards, electrolyte formulation, and cathode material composition, are also crucial to enhancing battery performance and longevity. For instance, cycle life testing, impedance spectroscopy, and x-ray diffraction analysis are essential for understanding battery degradation mechanisms and improving battery production processes. With a focus on energy storage systems integration, battery pack assembly, and battery management systems, the

Lithium ETF stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

In Q3 2025, USA, the Lithium Metal Price Index remained steady quarter-over-quarter, reflecting balanced trade scenarios. Check detailed insights for Europe and APAC.

China Market Price: Monthly Avg: Inorganic Chemical Material: Lithium Carbonate (Battery Grade): 99.5% data was reported at 75,100.000 RMB/Ton in Oct 2025. This records an increase from the previous number of 73,900.000 RMB/Ton for Sep 2025. China Market Price: Monthly Avg: Inorganic Chemical Material: Lithium Carbonate (Battery Grade): 99.5% data is updated monthly, averaging 454,800.000 RMB/Ton from Jun 2020 (Median) to Oct 2025, with 65 observations. The data reached an all-time high of 597,000.000 RMB/Ton in Nov 2022 and a record low of 44,070.000 RMB/Ton in Jun 2020. China Market Price: Monthly Avg: Inorganic Chemical Material: Lithium Carbonate (Battery Grade): 99.5% data remains active status in CEIC and is reported by China National Chemical Economic and Technical Development Centre. The data is categorized under China Premium Database’s Price – Table CN.PC: China Petroleum & Chemical Industry Association: Petrochemical Price: Inorganic Chemical Material.

The lithium market is experiencing explosive growth, driven by the burgeoning electric vehicle (EV) industry and the increasing demand for energy storage solutions. With a Compound Annual Growth Rate (CAGR) of 19.57% from 2019 to 2033, the market's value is projected to significantly expand. This robust growth is fueled by several key factors. Firstly, the global transition towards cleaner energy sources is heavily reliant on lithium-ion batteries, making lithium a critical raw material. Secondly, advancements in battery technology are increasing energy density and reducing costs, further stimulating demand. Government incentives and policies supporting EV adoption and renewable energy infrastructure are also playing a crucial role. However, the market faces challenges such as supply chain constraints, geopolitical risks associated with lithium production concentration, and environmental concerns related to lithium mining. The market is segmented by various factors including battery chemistry (e.g., LCO, NMC, LFP), application (e.g., EVs, energy storage systems, portable electronics), and geographic region. Major players like Albemarle Corporation, SQM SA, and Ganfeng Lithium Co Ltd are fiercely competing to secure market share, engaging in strategic partnerships, mergers and acquisitions, and capacity expansions to meet the escalating demand. The market's future trajectory hinges on overcoming supply bottlenecks, achieving sustainable mining practices, and the continued technological advancements in battery technology. Despite challenges, the forecast for the lithium market remains remarkably positive. The increasing affordability and accessibility of electric vehicles, combined with the growing adoption of renewable energy technologies, point towards a continued surge in lithium demand throughout the forecast period (2025-2033). Regional variations in market growth will likely be influenced by factors such as government policies, infrastructure development, and the presence of established lithium mining and processing industries. It is crucial for market participants to proactively address the environmental and social responsibilities associated with lithium extraction to ensure the long-term sustainability of this vital industry. The strategic positioning of key players, coupled with continuous technological innovations in battery technology and recycling processes, will play a pivotal role in shaping the future of the lithium market. Future research will likely focus on improving extraction methods, developing alternative lithium sources, and optimizing battery performance for maximum efficiency and sustainability. Recent developments include: May 2022: Mineral Resources marked a significant milestone in its lithium growth strategy with the first new spodumene concentrate delivered at the Wodgina Lithium Project in the Pilbara region of Western Australia., April 2022: SQM SA planned to invest USD 900 million in 2022 as part of its plan to increase lithium carbonate and hydroxide production capacity. The company has plans to enhance lithium carbonate production capacity to 180,000 metric ton per annum in the future. Furthermore, the capacity is likely to reach 210,000 tons by early 2023., April 2022: Avalon Advanced Materials Inc. signed an agreement with RenJoules International Ltd, an Essar Company, to become a strategic partner and co-developer in support of Avalon's plans to establish a regional lithium battery materials supply chain. This agreement may fulfill the needs of upcoming electric vehicle and battery manufacturers in Ontario and other regions.. Key drivers for this market are: Accelerating Demand for Electric Vehicles, Increasing Usage and Demand by Portable Consumer Electronics; Other Drivers. Potential restraints include: Accelerating Demand for Electric Vehicles, Increasing Usage and Demand by Portable Consumer Electronics; Other Drivers. Notable trends are: The Battery Application Segment to Dominate the Market.

In April 2023, the price of Lithium Carbonate was reported at $67,831 per ton (CIF, Japan), a 1.6% increase compared to the previous month.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Lithium Americas (LAC): Are batteries igniting growth?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The average lithium carbonate import price stood at $9,048 per ton in May 2025, declining by -3.1% against the previous month.

USD 37.43 Billion in 2024; projected USD 164.77 Billion by 2033; CAGR 17.9%.

The industrial grade lithium metal market is experiencing robust growth, driven by the escalating demand for lithium-ion batteries in electric vehicles (EVs), energy storage systems (ESS), and portable electronics. The market size in 2025 is estimated at $2.5 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033. This significant growth trajectory is fueled by several key factors. The global shift towards renewable energy sources and the increasing adoption of EVs are primary drivers. Furthermore, advancements in battery technology, leading to higher energy density and longer lifespans, are further boosting demand. The market is segmented by purity level (Li%≥99.7%, Li%≥99.8%, Other) and application (organic lithium compounds, reduction & deoxidizing agents, pharmaceutical intermediates). The Li%≥99.8% segment holds a larger market share due to its superior performance in high-performance battery applications. Geographically, Asia-Pacific, particularly China, currently dominates the market due to its substantial manufacturing base for lithium-ion batteries and substantial EV production. However, North America and Europe are expected to witness considerable growth in the coming years, driven by government incentives and rising EV adoption rates. While supply chain constraints and price volatility of lithium pose challenges, the long-term outlook for the industrial grade lithium metal market remains extremely positive. The ongoing expansion of the EV sector globally is a major catalyst for sustained market growth. Continued government investments in renewable energy infrastructure and supportive policies for EV adoption are further enhancing the demand for lithium metal. Technological advancements in battery production are also improving efficiency and reducing costs, positively impacting the market's overall trajectory. Specific applications like organic lithium compounds are seeing a rise in usage within specialized industries, adding to the overall market diversity and growth. While competition among key players such as Ganfeng Lithium Group, Albemarle, and Livent is intense, it also fosters innovation and efficiency within the market. Continued focus on sustainable sourcing practices and responsible mining are key to ensuring the long-term viability and growth of this crucial material for the green energy transition. The market's continued growth is likely to attract further investments in research and development, leading to improved production methods and potentially more efficient utilization of lithium resources. This report provides a detailed analysis of the burgeoning industrial grade lithium metal market, projecting substantial growth driven by the explosive demand for lithium-ion batteries and other applications. We delve into market dynamics, key players, and future trends, offering invaluable insights for investors, industry professionals, and researchers. The report leverages detailed market research and analysis, estimating the global market value at $5 billion in 2023, projected to reach $15 billion by 2030.

Discover the latest insights into the global salt lake brine lithium market. This comprehensive analysis reveals a projected CAGR of -2.4% (2025-2033), exploring key drivers, restraints, and regional market shares. Learn about leading companies and future trends in this vital sector fueling the electric vehicle revolution.

Lithium Futures Trading Market Outlook

According to our latest research, the Lithium Futures Trading Market was valued at $1.2 billion in 2024 and is projected to reach $4.8 billion by 2033, expanding at a robust CAGR of 16.7% during the forecast period from 2025 to 2033. One of the major factors propelling the global growth of the lithium futures trading market is the escalating demand for lithium as a critical raw material in the production of electric vehicle (EV) batteries and energy storage systems. As the global transition towards renewable energy accelerates, lithium’s role as a strategic commodity has intensified, driving increased interest in futures trading as a risk management and investment tool. This trend is further amplified by the volatility in spot lithium prices and supply chain uncertainties, making futures contracts an essential mechanism for both producers and consumers to hedge price risk and secure long-term supply.

Regional Outlook

North America currently holds the largest share in the Lithium Futures Trading Market, accounting for approximately 38% of global market value in 2024. This dominance is attributed to the region’s mature commodities trading infrastructure, strong regulatory frameworks, and the presence of major exchanges such as the Chicago Mercantile Exchange (CME) that have introduced lithium futures contracts. Additionally, North America benefits from established lithium mining operations in the United States and Canada, as well as a robust ecosystem of institutional investors and industrial end-users, particularly in the rapidly growing EV and energy storage sectors. Government incentives promoting clean energy and electric mobility further stimulate trading volumes and liquidity, solidifying the region’s position as a global leader in lithium futures trading.

The Asia Pacific region is projected to be the fastest-growing market for lithium futures trading, with an anticipated CAGR of 19.5% between 2025 and 2033. Countries such as China, South Korea, and Japan are at the forefront of battery manufacturing and electric vehicle adoption, driving significant demand for lithium and, consequently, for futures contracts to hedge price risks. The launch of dedicated lithium futures on exchanges like the Guangzhou Futures Exchange is attracting new participants, including both industrial hedgers and financial speculators. Increased cross-border investments, strategic partnerships between Asian and global trading platforms, and supportive government policies aimed at ensuring raw material security are key factors accelerating market growth in this region.

In emerging economies across Latin America, the Middle East, and Africa, the Lithium Futures Trading Market is experiencing gradual adoption, albeit at a lower base. Latin America, particularly Chile and Argentina, is a major lithium-producing hub, but the region faces challenges such as regulatory uncertainty, limited trading infrastructure, and lower financial market sophistication. Nonetheless, ongoing reforms to attract foreign investment, improve transparency, and establish local trading platforms present significant long-term opportunities. In these regions, localized demand from mining companies and industrial users is increasing, but adoption is tempered by policy impacts, currency volatility, and the need for greater market education.

Report Scope

Discover the booming EV Battery Grade Lithium Carbonate market! Explore its projected multi-billion dollar size, impressive CAGR, key players (SQM, Albemarle, Livent), and regional trends driving this essential component of the electric vehicle revolution. Learn about market drivers, restraints, and future forecasts in our comprehensive analysis.

The global market for Salt Lake battery-grade lithium carbonate is experiencing robust growth, driven by the burgeoning demand for electric vehicles (EVs) and energy storage systems (ESS). The market size in 2025 is estimated at $1.54 billion (assuming "1540" in the provided data refers to market size in millions of USD). While the provided CAGR is missing, a reasonable estimate, considering the rapid expansion of the lithium-ion battery market, would be between 15-20% annually. This implies significant market expansion over the forecast period (2025-2033). Key growth drivers include increasing investments in renewable energy infrastructure, stringent emission regulations promoting EV adoption, and advancements in battery technology leading to higher energy density and longer lifespans. Major players like SQM, Albemarle, and FMC are strategically expanding their production capacities and exploring innovative extraction methods to meet the soaring demand. However, the market faces challenges. These include geopolitical uncertainties impacting lithium supply chains, environmental concerns associated with lithium extraction, and price volatility influenced by raw material availability and global economic conditions. Despite these restraints, the long-term outlook for Salt Lake battery-grade lithium carbonate remains positive, driven by consistent growth in the EV and ESS sectors. The segmentation of the market (missing in the provided data) likely includes various purity grades and applications, influencing pricing and demand patterns. Regional distribution is also a significant factor, with certain regions possessing abundant lithium resources and a strong presence of battery manufacturing facilities. The continued development of sustainable and efficient lithium extraction technologies will be crucial in ensuring the long-term sustainability and economic viability of this rapidly expanding market.