Lithium Iron Phosphate Price Trend

Lithium Iron Phosphate Price Trend, Index and Forecast

Track the latest insights on lithium iron phosphate 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 Iron Phosphate Prices Outlook Q3 2025

• USA: USD 12,799/MT
• China: USD 9,975/MT
• Germany: USD 14,391/MT
• Brazil: USD 15,829/MT
• South Africa: USD 17,411/MT

Lithium Iron Phosphate Price Chart

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During the third quarter of 2025, the lithium iron phosphate prices in the USA reached 12,799 USD/MT in September. Prices softened as cell producers prioritized inventory drawdowns and deferred new cathode procurement. Domestic output remained adequate, while upstream lithium salt quotations eased amid balanced spot availability. Iron phosphate and phosphoric acid inputs tracked lower feedstock costs, helping compress conversion margins. Freight rates on transpacific lanes moderated, and inland trucking availability improved, trimming logistics surcharges.

During the third quarter of 2025, the lithium iron phosphate prices in China reached 9,975 USD/MT in September. Prices drifted lower as cathode capacity utilization adjusted to measured downstream cell orders from passenger EV and two-wheeler applications. An abundant supply of refined lithium salts and steady iron phosphate availability kept raw material costs contained. Competitive bidding among mid-tier producers intensified, encouraging discounts for prompt deliveries.

During the third quarter of 2025, the lithium iron phosphate prices in Germany reached 14,391 USD/MT in September. Prices eased as downstream cell producers managed inventories carefully and synchronized call-offs with moderated EV production schedules. Imported cathode and precursor flows from Asia were steady, benefiting from predictable lead times and normal port handling. Euro exchange movements modestly influenced landed costs, while inland warehousing and drayage charges remained manageable.

During the third quarter of 2025, the lithium iron phosphate prices in Brazil reached 15,829 USD/MT in September. Prices decreased as importers benefited from softer international reference quotes and improved vessel availability. Currency dynamics influenced landed costs for Asian-origin cathode and precursors, while port charges and inland haulage remained key determinants of delivered pricing. Battery assemblers adjusted run-rates to align with moderated order books in mobility and stationary storage.

During the third quarter of 2025, the lithium iron phosphate prices in South Africa reached 17,411 USD/MT in September. Prices moved lower amid adequate import availability and cautious downstream call-offs from storage and mobility integrators. Exchange-rate movements affected landed costs, while port handling and long-haul trucking remained significant contributors to final pricing. Suppliers leveraged diversified sourcing from Asia to ensure continuity, reducing the need for risk premiums.

Lithium Iron Phosphate Prices Outlook Q2 2025

• USA: USD 13,090/MT
• China: USD 10,320/MT
• Germany: USD 14,820/MT
• Brazil: USD 16,470/MT
• South Africa: USD 18,180/MT

During the second quarter of 2025, the lithium iron phosphate prices in the USA reached 13,090 USD/MT in June. Prices declined as upstream lithium salt offers softened and cell producers paced purchases to match moderated EV and storage installs. International freight and container availability improved, trimming delivery surcharges. The stronger USD reduced import costs for certain intermediates, while domestic logistics stabilized. Producers focused on line utilization discipline and inventory rotation, avoiding stock build-ups. Compliance, quality assurance, and safety testing sustained base costs.

During the second quarter of 2025, the lithium iron phosphate prices in China reached 10,320 USD/MT in June. Prices trended down as supply remained ample and procurement shifted toward spot windows. Lithium carbonate and hydroxide benchmarks eased, filtering through to cathode conversion costs. Operating rates adjusted to measured cell orders in mainstream mobility segments. Export transactions favored flexible scheduling and firm quality specifications.

During the second quarter of 2025, the lithium iron phosphate prices in Germany reached 14,820 USD/MT in June. Prices eased as imported feedstocks reflected weaker global references and steady supply chains. EUR exchange dynamics influenced landed costs, but port handling and inland transport were orderly. Downstream manufacturers synchronized procurement with stabilized production plans, limiting surplus stocks. Energy inputs moderated, reducing processing expenses for finishing and packaging.

During the second quarter of 2025, the lithium iron phosphate prices in Brazil reached 16,470 USD/MT in June. Prices moved lower as import pipelines normalized and freight conditions improved. Currency shifts affected CIF values, while port fees and domestic haulage remained central to delivered costs. Battery assemblers managed inventories conservatively, aligning procurement with confirmed demand across mobility and storage projects. Suppliers offered shipment flexibility and financing options, supporting smoother cash cycles.

During the second quarter of 2025, the lithium iron phosphate prices in South Africa reached 18,180 USD/MT in June. Prices declined as consistent import availability and selective downstream purchasing shaped negotiations. Exchange-rate volatility influenced landed costs, while port operations and overland logistics remained pivotal in final pricing. Integrators prioritized inventory optimization and quality consistency. Suppliers diversified origins to ensure continuity, limiting risk premiums.

Lithium Iron Phosphate Prices Outlook Q1 2025

• USA: USD 13440/MT
• China: USD 11050/MT
• United Kingdom: USD 15360/MT
• Brazil: USD 17280/MT
• South Korea: USD 19200/MT

During the first quarter of 2025, the lithium iron phosphate prices in the USA reached 13440 USD/MT in March. As per the lithium iron phosphate price chart, prices in the US were influenced by a complex interplay of factors, including the rising demand for electric vehicles (EVs) and energy storage systems, the increasing investment in domestic LFP battery production, and potential challenges related to supply chain bottlenecks. 

During the first quarter of 2025, lithium iron phosphate prices in China reached 11050 USD/MT in March. Prices in China were affected by a combination of factors, including a rebound in production, a slowdown in demand, and adjustments on the supply side. LFP production saw a rebound in March, driven by the peak season for new energy vehicles (NEVs).

During the first quarter of 2025, the lithium iron phosphate prices in the United Kingdom reached 15360 USD/MT in March. Production cuts and geopolitical tensions in some lithium-producing areas, combined with disruptions in the supply chain, contributed to a volatile supply of lithium. 

During the first quarter of 2025, the lithium iron phosphate prices in Brazil reached 17280 USD/MT in March. The development of a large lithium plant in Brazil for fast-tracking production was impacting the market. Moreover, the growing demand for EVs and energy storage was a major driver of higher lithium prices.

During the first quarter of 2025, the lithium iron phosphate prices in South Korea reached 19200 USD/MT in March. Geopolitical tensions and disruptions in global supply chains affected the availability and cost of raw materials used in LFP battery production, impacting prices. Moreover, South Korean companies were actively investing in LFP battery technology, leading to increased production and lower costs..

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 lithium iron phosphate prices.

Europe Lithium Iron Phosphate Price Trend

Q3 2025:

As per the lithium iron phosphate price index, regional prices softened as imported cathode and precursor offers reflected weaker upstream lithium salt references. Stable vessel schedules supported predictable lead times, while port handling and inland freight remained manageable cost components. Buyers synchronized call-offs with moderated EV production plans, emphasizing shorter contracts and batch consistency. Energy input costs for finishing gradually eased, assisting conversion margins without reversing overall declines. Compliance, quality documentation, and traceability standards sustained baseline expenses. Multi-source strategies from Asia improved supply optionality, enhancing buyer leverage and limiting premiums. With disciplined procurement and steady availability, negotiated values trended lower across key hubs.

Q2 2025:

During the second quarter of 2025, European prices declined as regional producers contended with subdued downstream offtake from cell manufacturers and integrators. Import flows from Asia remained regular, but buyers negotiated shorter-term contracts to hedge against further weakening. Energy inputs for cathode finishing fell as natural-gas and electricity tariffs moderated, easing processing expenses. Domestic logistics networks ran efficiently, helping lower distribution surcharges. Currency stability limited volatility in landed costs, while environmental compliance and quality-verification obligations continued to add structural overhead.

Q1 2025:

As per the lithium iron phosphate price index, prices were stabilizing after a period of volatility, primarily due to a combination of increased EV sales and adjustments in major lithium producers' strategies. The market was facing an oversupply and price declines earlier in the year. While LFP cathode material prices were generally falling due to overcapacity, particularly in China, the European market for lithium carbonate, which is a key ingredient in LFP, showed signs of stabilization. 

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

North America Lithium Iron Phosphate Price Trend

Q3 2025:

As per the lithium iron phosphate price index, the region experienced easing prices as inventory drawdowns and selective purchasing characterized cell and pack manufacturers. Upstream lithium salts and iron phosphate inputs tracked softer international references, compressing production costs. Container availability and inland trucking improved, trimming logistics adders. A firm regional currency reduced import costs for certain intermediates, while compliance and testing remained a fixed expense. Shorter tenor contracts and competitive offers from Asian suppliers increased buyer negotiating power. Broadly adequate supply, measured downstream demand, and normalized freight collectively weighed on pricing.

Q2 2025:

Regional prices fell as cell producers balanced procurement with measured EV and storage installations. Softer upstream references reduced conversion costs, while container availability improved transit reliability. A supportive currency environment tempered import costs for intermediates. Testing, safety, and compliance maintained baseline expenses. Buyers favored spot opportunities and competitive bids from Asia, increasing bargaining power. The overall alignment of stable supply and cautious offtake sustained a downward trend.

Q1 2025:

The prices of critical minerals such as lithium, iron, and phosphate, essential components of LFP batteries, have been volatile. Fluctuations in the availability and cost of these raw materials directly impacted production expenses and, consequently, battery prices. Moreover, U.S. policies, such as the Inflation Reduction Act, have provided subsidies and incentives for electric vehicle (EV) adoption and renewable energy projects. These measures have stimulated demand for LFP batteries.

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

Middle East and Africa Lithium Iron Phosphate Price Trend

Q3 2025:

Prices receded amid reliable import flows and disciplined downstream offtake in storage and mobility deployments. Currency movements influenced landed costs, while port handling and extended inland haulage shaped delivered pricing. Suppliers diversified origins to sustain continuity and reduce risk premiums. Compliance, safety verification, and performance testing continued as fixed cost elements. Project developers prioritized cost control and phased procurement schedules, limiting spot spikes. With adequate availability and pragmatic purchasing, negotiated values softened across primary distribution nodes.

Q2 2025:

Exchange-rate fluctuations marginally affected landed costs, though port operations remained orderly. Logistical distances to inland consumption points kept transport a key cost element, but improved trucking availability limited surcharges. Procurement decisions emphasized reliability and certification compliance, maintaining predictable baseline costs. A combination of adequate inventories and measured end-user demand resulted in a softening market tone during Q2 2025.

Q1 2025:

The report explores the lithium iron phosphate trends and lithium iron phosphate 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 iron phosphate prices for countries can also be provided.

Asia Pacific Lithium Iron Phosphate Price Trend

Q3 2025:

Prices eased as the hub of cathode manufacturing operated with balanced capacity utilization and competitive supplier dynamics. Upstream lithium salts and phosphates reflected softer benchmarks, translating into lower conversion costs. Export programs favored flexible shipment windows and firm quality guarantees. Regional logistics performed smoothly, moderating transit-related premiums. Buyers emphasized spot transactions and qualification continuity, pressuring offers. Compliance and waste treatment standards maintained baseline costs but did not offset broader declines.

Q2 2025:

Prices in Asia Pacific trended lower throughout Q2 2025 as competitive production capacity and steady raw-material accessibility supported abundant supply. Downstream cell manufacturers moderated purchasing in anticipation of mid-year contract resets. Benchmark lithium carbonate and iron phosphate values continued to decline, feeding through to cathode conversion costs. Regional logistics networks functioned efficiently, and export activity to Europe and North America proceeded without major delays. Producers introduced promotional pricing to maintain throughput, while buyers favored short-term engagements. Overall, excess capacity and stable operations anchored a progressive price reduction across key manufacturing centers.

Q1 2025:

Congestion at major Chinese ports, particularly in late March, led to delays in shipments of raw materials and finished products, increasing costs and creating uncertainty. Moreover, innovation in LFP chemistry and manufacturing processes also led to cost reductions and increased efficiency, potentially affecting prices. 

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

Latin America Lithium Iron Phosphate Price Trend

Q3 2025:

Prices declined as importers capitalized on softer international references and improved ocean freight conditions. Currency dynamics affected CIF values, while port charges and inland transport remained key determinants of delivered cost. Assemblers moderated procurement to align with confirmed orders in mobility and stationary storage. Suppliers provided flexible incoterms and staggered deliveries, reinforcing buyer leverage.

Q2 2025:

Prices decreased as distributors benefited from favorable import conditions and normalized vessel schedules. Currency strength against major trading partners reduced the cost of Asian-sourced materials, while port-handling and inland-freight rates stabilized after earlier volatility. Demand from mobility and grid-storage integrators softened slightly, prompting buyers to defer large-volume bookings. Suppliers responded with flexible delivery windows and discounted contract extensions to preserve relationships.

Q1 2025:

As per the lithium iron phosphate price index, prices in Latin America were affected by a combination of factors, including increasing demand from the electric vehicle (EV) and energy storage sectors, supply chain disruptions, and the region's own political and economic instability.

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

Lithium Iron Phosphate Pricing Report, Market Analysis, and News

IMARC's latest publication, “Lithium Iron Phosphate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the lithium iron phosphate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of lithium iron phosphate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed lithium iron phosphate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting lithium iron phosphate 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 Iron Phosphate Industry Analysis

The global lithium iron phosphate market size reached USD 6.51 Million in 2025. By 2034, IMARC Group expects the market to reach USD 10.2 Million, at a projected CAGR of 5.15% during 2026-2034. The market is primarily driven by expanding energy storage deployments, resilient demand from electric mobility, increasing preference for cobalt-free chemistries, improving cathode conversion efficiencies, and maturing supply chains that enhanced availability and reliability.

Latest developments in the lithium iron phosphate industry:

• January 2025: ICL announced the signing of a joint venture agreement with Shenzhen Dynanonic Co., Ltd. to establish a lithium iron phosphate (LFP) cathode active material (CAM) production facility in Europe, with an initial investment of around €285 million.
   
• April 2024: CATL introduced the Shenxing Plus lithium iron phosphate battery for EVs. The 4C ultra-fast charging is backed by a 1,000 km CLTC range that drives down the EV cost.

Product Description

Lithium iron phosphate (LiFePO₄) is an inorganic chemical compound characterized by a stable three-dimensional phospho-olivine structure. This compound naturally occurs in the form of mineral triphylite. Although it has a lower energy density compared to other lithium-ion battery cathode materials, such as lithium cobalt oxide (LCO) or lithium nickel manganese cobalt oxide (NMC), LiFePO₄ offers consistent performance over a wide range of temperatures and conditions. The industrial synthesis of lithium iron phosphate involves preparing lithium, iron, and phosphate sources, mixing them in stoichiometric ratios, and then calcining the mixture at high temperatures (600-700°C) in an inert or reducing atmosphere to form LiFePO₄. The resulting material is then ground, milled, coated with conductive materials like carbon to enhance electrical conductivity, and subjected to rigorous quality control to ensure it meets battery production specifications. Lithium iron phosphate (LFP) batteries are widely used in electric vehicles, renewable energy storage systems, portable electronics, and uninterruptible power supplies (UPS). Their robust and stable nature ensures reliable performance, minimal capacity degradation over thousands of charge-discharge cycles, and a reduced risk of overheating and fire.

Lithium iron phosphate (LFP) batteries are widely used in electric vehicles, renewable energy storage systems, portable electronics, and uninterruptible power supplies (UPS). Their robust and stable nature ensures reliable performance, minimal capacity degradation over thousands of charge-discharge cycles, and a reduced risk of overheating and fire.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of lithium iron phosphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting lithium iron phosphate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, 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 iron phosphate price charts ensure our clients remain at the forefront of the industry.