Historical Lithium Prices

Year	Lithium Price (/tonne)	Description
2023	$25,319	The price of lithium in 2023 has experienced a significant decrease compared to the previous year, impacting various industries reliant on lithium batteries.
2022	$78,032	In 2022, lithium prices saw a substantial increase, reflecting growing demand for electric vehicles and renewable energy storage solutions.
2021	$17,000	2021 marked a notable rise in lithium prices due to the expanding electric vehicle market and renewable energy projects.
2020	$6,800	Lithium prices in 2020 experienced a decrease as economic uncertainty affected demand for electric vehicle batteries.
2019	$11,310	2019 witnessed a moderate increase in lithium prices driven by the automotive industry's transition to electric vehicles.
2018	$14,660	Lithium prices remained relatively high in 2018, reflecting the growing demand for lithium-ion batteries.
2017	$12,070	2017 saw steady lithium prices as electric vehicles gained popularity and renewable energy storage expanded.
2016	$8,840	Lithium prices increased moderately in 2016, driven by the lithium-ion battery market.
2015	$5,110	In 2015, lithium prices experienced growth, partly due to the rising use of lithium in battery technologies.
2014	$4,680	2014 marked a slight increase in lithium prices as demand for lithium-ion batteries continued to rise.
2013	$4,750	Lithium prices remained relatively stable in 2013 as lithium-ion batteries became more prevalent.
2012	$4,450	In 2012, lithium prices experienced modest growth, reflecting early signs of increased lithium demand.