Lithium Hexafluorophosphate Price Trend

Lithium Hexafluorophosphate Price Trend, Index and Forecast

Track the latest insights on lithium hexafluorophosphate price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Lithium Hexafluorophosphate Prices Outlook Q2 2025

• USA: US$ 8000/MT
• India: US$ 7440/MT
• Germany: US$ 9630/MT
• China: US$ 6780/MT
• South Korea: US$ 7310/MT

Lithium Hexafluorophosphate Price Chart

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During the second quarter of 2025, the lithium hexafluorophosphate prices in the USA reached 8000 USD/MT in June. As per the lithium hexafluorophosphate price chart, prices moved lower as a result of persistent global oversupply and weak downstream consumption. Battery manufacturers operated cautiously, tightening procurement to avoid unnecessary stockpiling. This restraint was tied to low utilization rates among US-based battery producers, who responded to tempered OEM forecasts and internal cost-cutting cycles. Buyers avoided long-term commitments, choosing to adjust purchasing strategies based on short-term domestic demand.

During the second quarter of 2025, the lithium hexafluorophosphate prices in India reached 7440 USD/MT in June. Indian demand for lithium hexafluorophosphate saw shifts in alignment with international trends. The cautious outlook from buyers facing elevated freight costs and potential regulatory changes, influenced purchasing behavior as well. Indian producers remained focused on long-term contracts rather than engaging in short-term, price-sensitive purchases.

During the second quarter of 2025, lithium hexafluorophosphate prices in Germany reached 9630 USD/MT in June. One of the key factors contributing to the weakening price index was the availability of soft imports from Asia, particularly China. The lower cost of lithium hexafluorophosphate imports from Asia allowed European importers to source the chemical at competitive prices, which helped mitigate price increases. This import activity played a significant role in maintaining relatively low prices throughout the quarter, as EU companies were able to secure favorable deals despite domestic demand being weak.

During the second quarter of 2025, the lithium hexafluorophosphate prices in China reached 6780 USD/MT in June. Prices in China experienced a notable decline. This downward movement in prices was largely influenced by a combination of factors that reflected the broader economic and market conditions during that period. Elevated inventory levels across domestic warehouses played a significant role in this price drop. As inventories remained high, the spot demand from electrolyte producers remained weak, further pushing prices lower.

During the second quarter of 2025, the lithium hexafluorophosphate prices in South Korea reached 7310 USD/MT in June. The demand outlook in South Korea during this period remained cautious, mirroring the global sentiment. Despite strong domestic demand for electric vehicle (EV) batteries, other sectors, such as electrolyte formulators and cell producers, were cautious in their purchasing strategies. Many of these companies adhered to just-in-time inventory practices, a response to price volatility and the broader uncertainties in the global trade environment.

Lithium Hexafluorophosphate Prices Outlook Q2 2024

• China: US$ 7778/MT

During Q2 2024, the lithium hexafluorophosphate prices in China reached 7778 USD/MT in June. The prices experienced a significant decline due to increased production, oversupply, global economic challenges, and decrease in demand for electric vehicles (EVs), particularly impacting China.

Lithium Hexafluorophosphate Prices Outlook Q1 2024

• China: US$ 8989/MT

During Q1 2024, the lithium hexafluorophosphate prices in China reached 8989 USD/MT in March. The region experienced mixed dynamics for lithium hexafluorophosphate characterized by ample inventories and low demand. This resulted in decreased prices in the market. The market scenario remains steady with restricted trading activities.

Lithium Hexafluorophosphate Prices Q4 2023

• China: US$ 10,675/MT

The price trend for lithium hexafluorophosphate in China for Q4 2023, reached 10,675 USD/MT in December. The market was under pressure from increased inventories and low procurement rates. The oversupply situation led to a conservative approach among buyers, who preferred to deplete existing stocks rather than place new orders. The sluggish lithium carbonate market further contributed to the downward pressure on prices.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the lithium hexafluorophosphate prices.

Global Lithium Hexafluorophosphate Price Trend

The report offers a holistic view of the global lithium hexafluorophosphate pricing trends in the form of lithium hexafluorophosphate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of lithium hexafluorophosphate, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed lithium hexafluorophosphate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Lithium Hexafluorophosphate Price Trend

Q2 2025:

The price of lithium hexafluorophosphate (LiPF6) in Europe experienced a weakening trend during Q2 2025. A key factor was the availability of soft battery-grade chemical imports from Asia, which met the European market with competitive prices. As a result, European importers found it easier to maintain their procurement levels without experiencing significant price hikes. Additionally, consistent supply from Chinese exporters helped keep prices under control. Freight rates and currency fluctuations also influenced the cost structure of production, further impacting the pricing trend. On the demand side, the overall market conditions in Europe were subdued throughout Q2 2025. While automotive battery demand provided some support to the market, it was not enough to offset broader challenges. A notable contributor to this was the delay in grid-scale storage deployments, which limited the growth of demand in the energy sector.

Q2 2024:

In the second quarter of 2024, the market in Europe experienced stability amid consistent production and supply levels. While transportation issues like increased shipping rates affected the industry, overall market impact was minimal. Reduced subsidies and unpredictability in the economy resulted in subdued demand from the electric vehicle sector. Although Belgium witnessed some price volatility, the market predominantly stayed steady. The European electric vehicle industry's changing demand dynamics and logistical obstructions caused the pricing trend to remain steady throughout the quarter.

Q1 2024:

In Q1 2024, the European market faced obstacles due to oversupply, leading to decreased demand and lower prices. The continued product requirement for the manufacturing of the lithium-ion batteries caused cautious consumer behaviour. Chinese market dominance expanded, impacting European and US markets. Despite this, Belgium experienced a rise in battery electric vehicle sales, contradicting the overall market trend. European, Chinese, and US EV manufacturers continued engaging in pricing competition, with occasional market disruptions.

Q4 2023:

The market in Europe saw a downturn in the last quarter of 2023, primarily due to reduced usage of lithium hexafluorophosphate from the battery sector, including cathode active material production. Economic uncertainties and a cautious consumer approach dampened business sentiment, further weakening market conditions. Lower costs for lithium hydroxide, a key upstream commodity, reduced price support for manufacturers. Additionally, the soft Chinese market negatively impacted European pricing, leading to a reluctance among buyers to engage in new purchases. Markets in Belgium and Germany were particularly affected, showing a bearish trend.

This analysis can be extended to include detailed lithium hexafluorophosphate price information for a comprehensive list of countries.

North America Lithium Hexafluorophosphate Price Trend

Q2 2025:

As per the lithium hexafluorophosphate price index, prices in North America faced persistent downward pressure, primarily driven by global factors such as oversupply in the market, weaker demand for cathodes, and subdued restocking activity by battery material suppliers. These dynamics contributed to a significant shift in price trends, maintaining a weaker price environment throughout the quarter. The global oversupply of lithium and related materials, coupled with a downturn in cathode demand, played a crucial role in this price movement. With excess supply outpacing demand, the balance tipped in favor of buyers, which further put downward pressure on prices. Additionally, weak battery material restocking behavior in North America indicated that industry stakeholders were taking a more cautious approach, waiting for signs of market stability before committing to larger purchases.

Q2 2024:

During the second quarter of 2024, the North American market experienced price fluctuations due to increasing shipping costs, limited freight capacity, and disturbances in major trade routes. Higher shipping rates increased costs for essential precursors like lithium fluoride and lithium carbonate, contributing to elevated prices. Although end user demand remained steady, a decrease in new purchase orders combined with rising import expenses led to an overall upward price trend, particularly in the U.S. The market's pricing remained steady with minor increases, driven by transportation issues and evolving demand patterns in the automotive sector.

Q1 2024:

In the first quarter of 2024, the North American region experienced a significant decrease in lithium hexafluorophosphate prices. This was caused by a number of variables, such as slow market transactions, abundant material availability, and decreased consumption in end user industries. The market for lithium salts, including lithium hexafluorophosphate, was impacted by excess availability of feedstock and limited utilization rates, despite the continuous growth in sales of electric vehicles.

Q4 2023:

In late 2023, the market in North America faced difficulties due to oversupply and weak orders from key industries such as battery and cathode manufacturing. This was exacerbated by high inventory levels and continued imports of lower-cost goods, creating a bearish sentiment. The subdued demand for lithium carbonate also contributed to declining price trends. The USA, in particular, saw price fluctuations, driven by ample domestic stockpiles and absence of purchasing interest from consumers, who were hesitant to make new acquisitions amidst plentiful availability.

Specific lithium hexafluorophosphate historical data within the United States and Canada can also be provided.

Middle East and Africa Lithium Hexafluorophosphate Price Trend

Q2 2025:

The report explores the lithium hexafluorophosphate trends and lithium hexafluorophosphate price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on lithium hexafluorophosphate prices for countries can also be provided.

Asia Pacific Lithium Hexafluorophosphate Price Trend

Q2 2025:

In Q2 2025, the price of lithium hexafluorophosphate in Asia Pacific, particularly in China, experienced a noticeable decline. One of the key reasons behind the price drop was the steady fall in raw material costs, including lithium carbonate, phosphorus pentachloride, and hydrofluoric acid. These raw materials saw a consistent reduction in prices which allowed LiPF6 producers to lower their offer levels while still maintaining slim margins. This cost pressure was critical in shaping the pricing dynamics during the period. Additionally, the overall production cost trend for LiPF6 remained under pressure. However, despite these cost challenges, producers were able to adjust their pricing strategies in response to lower input costs, which, to some extent, helped mitigate price decreases.

Q2 2024:

In the second quarter of 2024, the Asia Pacific region saw a consistent decrease in lithium hexafluorophosphate prices due to heightened production levels creating an oversupply. Contributing to this trend were economic hurdles and decreased demand from the EV industry. Particularly, China witnessed major fluctuations, with prices dropping compared to Q2 2023. Seasonal factors added to the downward pressure as Q2 traditionally experiences lower demand.

Q1 2024:

In Asia Pacific, the market showed mixed sentiments in the first quarter of 2024. High inventories and low demand impacted the market, particularly in China. The economic slowdown globally and oversupply of feedstocks further resulted in falling prices. The Panama Canal drought and conflict in the Middle East exacerbated supply chain constraints, disrupting trade and logistics. However, the market outlook remained balanced, with little trading activity.

Q4 2023:

During Q4 2023, the market in the Asia Pacific was marked by increased supply and reduced demand, driven by large inventories and slow procurement activities. A challenging market climate emerged due to cautious purchasing behavior and the overall sluggish performance of the upstream lithium carbonate market. China saw notable pricing shifts influenced by adequate supply levels and moderate need. The market remained bearish, with consumers adopting a wait-and-see approach, leading to inventory reductions rather than new orders.

This lithium hexafluorophosphate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Lithium Hexafluorophosphate Price Trend

Q2 2025:

Latin America's lithium hexafluorophosphate market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in lithium hexafluorophosphate prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the lithium hexafluorophosphate price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing lithium hexafluorophosphate pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Lithium Hexafluorophosphate Price Trend, Market Analysis, and News

IMARC's latest publication, “Lithium Hexafluorophosphate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the lithium hexafluorophosphate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of lithium hexafluorophosphate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed lithium hexafluorophosphate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting lithium hexafluorophosphate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Lithium Hexafluorophosphate Market Analysis

The global lithium hexafluorophosphate market size reached US$ 4.18 Billion in 2024​. By 2033, IMARC Group expects the market to reach US$ 12.45 Billion, at a projected CAGR of 12.26% during 2025-2033.

• The growing adoption of EVs due to the rising awareness among the masses about the negative impact of carbon emissions is catalysing the demand for lithium-ion batteries. This, in turn, is increasing the demand for lithium hexafluorophosphate, which is a key raw material to produce these batteries. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global electric vehicle (EV) sales worldwide is projected to reach 20 million by 2025.
• Lithium hexafluorophosphate is gaining traction on account of innovations in lithium-ion batteries to enhance their efficiency and performance. It plays a critical role in electrolyte solution, which is responsible for extended battery life and faster charging times of lithium-ion batteries.
• As per the International Energy Agency’s report, 42% of global energy generation will be sourced from renewable energy resources by 2028. There is a rise in the demand for renewable energy sources, such as solar and wind, which rely on storage systems to manage supply and demand. These storage solutions require efficient and reliable batteries, thereby positively influencing the sales of lithium hexafluorophosphate.
• The production of lithium hexafluorophosphate witnessed a positive trajectory in the market due to the rising reliance on smartphones, tablets, and laptops. Lithium hexafluorophosphate is a high-quality electrolyte used to manufacture the batteries of these electronic devices.
• Key manufacturers are introducing advanced methods to produce lithium hexafluorophosphate to improve its stability and purity while catering to buyer demands and needs.
• The lithium hexafluorophosphate market share has been further reinforced by increasing investments in research and development (R&D) activities to enhance the performance and quality of electrolyte to meet the evolving needs of battery manufacturers around the world.

• The demand for products with lower environmental footprints is offering a favorable outlook for the development of advanced technologies in battery production, along with improved quality electrolytes like lithium hexafluorophosphate..

Lithium Hexafluorophosphate News

The report covers the latest developments, updates, and trends impacting the global lithium hexafluorophosphate industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in lithium hexafluorophosphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the lithium hexafluorophosphate price trend.

Latest developments in the lithium hexafluorophosphate industry:

• In May 2023, MCG Group and Koura, an Orbia business, signed a memorandum to strengthen the supply chain for formulated electrolytes in North America, addressing the growing demand for EVs and local battery production. This collaboration focuses on enhancing supply chains and advancing technology for lithium hexafluorophosphate, a key material in lithium-ion batteries. 
• GFCL EV Products Ltd commenced commercial production of lithium hexafluorophosphate LiPF6, a crucial raw material for lithium-ion batteries. The company has also announced a significant investment of Rs.6,000 crore over the next 4-5 years to enhance supply capabilities.

Product Description

Lithium hexafluorophosphate is an inorganic salt, which is composed of lithium ions. It is known for its crucial role as an electrolyte in lithium-ion batteries. The movement of ions is facilitated by lithium hexafluorophosphate while offering ionic conductivity for the electric charge transfer between cathode and anode during battery operation.

It forms an effective conductive electrolytic solution, as its molecular structure helps it in dissolving in organic solvents utilized in lithium-ion batteries. Its ability to perform under extreme temperatures and pressures make it an ideal choice for various battery applications.

The versatility of lithium hexafluorophosphate underscores its pivotal role in the fast-growing sectors like electric vehicles (EVs) and renewable energy. Its contribution to faster charging times and longer battery life with low viscosity remains integral in modern battery technology.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of lithium hexafluorophosphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting lithium hexafluorophosphate price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The lithium hexafluorophosphate price charts ensure our clients remain at the forefront of the industry.