# Lithium Oxide And Hydroxide buyer markets and demand | HS...

Republic of Korea is the largest reported buyer market in this view, with imports of $1.6B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Republic of Korea | $1.6B | +34.4% | 20 | China |
| Japan | $727.8M | +10.6% | 12 | China |
| China | $93.0M | +53.8% | 21 | Australia |
| Sweden | $43.7M | +65.5% | 10 | China |
| Germany | $37.8M | +8.4% | 22 | Japan |
| Belgium | $34.6M | -5.6% | 17 | Chile |
| Poland | $24.8M | +62.9% | 15 | USA |
| India | $22.1M | +2.5% | 17 | China |
| Netherlands | $12.6M | -4.3% | 28 | USA |
| USA | $11.4M | -3.2% | 19 | Chile |
| Singapore | $8.9M | +8% | 8 | China |
| United Kingdom | $8.1M | -0.3% | 16 | USA |
| France | $7.3M | -9.8% | 22 | Netherlands |
| United Arab Emirates | $6.8M | +7.9% | 12 | China |
| Viet Nam | $5.8M | +83.6% | 9 | Republic of Korea |
| Argentina | $5.6M | +2.3% | 6 | USA |
| Taiwan | $5.4M | +26.1% | 10 | China |
| Thailand | $5.1M | +2.8% | 11 | China |
| Estonia | $4.4M | +16.5% | 8 | Russia |
| Turkey | $3.5M | -4.2% | 13 | Chile |
| Iran | $3.5M | +4.2% | 2 | United Arab Emirates |
| Brazil | $3.4M | +302.5% | 8 | Chile |
| Spain | $3.3M | -9% | 14 | Netherlands |
| Indonesia | $3.2M | +19% | 14 | China |
| Canada | $3.0M | -18.8% | 13 | USA |
| Switzerland, Liechtenstein | $2.9M | +31% | 18 | Republic of Korea |
| South Africa | $2.7M | -1.1% | 12 | Chile |
| China, Hong Kong Special Administrative Region | $2.4M | +50.8% | 3 | Republic of Korea |
| Saudi Arabia | $2.1M | -5% | 12 | China |
| Italy | $2.0M | +3.3% | 13 | Germany |
| Mexico | $1.9M | -1.9% | 17 | Chile |
| Egypt | $1.7M | +1.8% | 9 | Russia |
| Australia | $1.4M | -4.3% | 13 | Republic of Korea |
| Russia | $963.7K | -17.4% | 5 | China |
| Colombia | $828.0K | +12.6% | 6 | USA |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| Republic of Korea | 2023 | $6.1B | $50,577.21 |
| Japan | 2023 | $1.4B | $39,367.1 |
| China | 2023 | $163.1M | $38,734.94 |
| Sweden | 2023 | $146.9M | $55,890.06 |
| Germany | 2023 | $109.5M | $36,492.63 |
| Netherlands | 2023 | $71.2M | $39,083.51 |
| Belgium | 2023 | $59.6M | $43,311.13 |
| India | 2023 | $44.1M | $35,778.63 |
| USA | 2023 | $43.6M | $45,896.08 |
| United Arab Emirates | 2023 | $41.6M | $44,680.81 |
| Poland | 2023 | $39.9M | $39,053.79 |
| Singapore | 2023 | $38.2M | $44,417.32 |
| United Kingdom | 2023 | $33.5M | $46,657.46 |
| Turkey | 2023 | $26.3M | $54,771.14 |
| France | 2023 | $21.6M | $23,446.62 |
| Thailand | 2023 | $13.3M | $54,096.31 |
| Other Asia, nes | 2023 | $11.7M | $47,429.5 |
| Indonesia | 2023 | $8.4M | $55,172.81 |
| Mexico | 2023 | $8.3M | $47,547.03 |
| Russia | 2023 | $7.8M | $51,668.83 |

_Source: reported merchandise trade data. Updated 2026-08-14._