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Hong Kong SAR, China - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cells and Batteries; Lithium in Hong Kong SAR - 2023
Contents:
- Price for Cells and Batteries; Lithium in Hong Kong SAR (FOB) - 2023
- Price for Cells and Batteries; Lithium in Hong Kong SAR (CIF) - 2023
- Exports of Cells and Batteries; Lithium in Hong Kong SAR
- Imports of Cells and Batteries; Lithium in Hong Kong SAR
Price for Cells and Batteries; Lithium in Hong Kong SAR (FOB) - 2023
In June 2023, the average cells and batteries; lithium export price amounted to $342 per thousand units, falling by -8.6% against the previous month. In general, the export price showed a mild decline. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 23% m-o-m. The export price peaked at $451 per thousand units in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Turkey ($889 per thousand units), while the average price for exports to Japan ($143 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cells and Batteries; Lithium in Hong Kong SAR (CIF) - 2023
In June 2023, the average cells and batteries; lithium import price amounted to $301 per thousand units, dropping by -10% against the previous month. In general, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in November 2022 an increase of 37% against the previous month. As a result, import price reached the peak level of $0.4 per unit. From December 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($932 per thousand units), while the price for Japan ($133 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.3%), while the prices for the other major suppliers experienced a decline.
Exports of Cells and Batteries; Lithium in Hong Kong SAR
In 2022, the amount of cells and batteries; lithia exported from Hong Kong SAR dropped remarkably to 757M units, which is down by -18.2% against 2021 figures. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports reached the peak of 925M units, and then declined markedly in the following year.
In value terms, cells and batteries; lithium exports dropped to $280M in 2022. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.3%. Over the period under review, the exports reached the peak figure at $315M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Cells and Batteries; Lithium in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 160 | 115 | 94.7 | 88.2 | -18.0% |
Vietnam | 12.0 | 25.7 | 41.0 | 46.4 | 57.0% |
United States | 17.6 | 27.0 | 26.4 | 23.6 | 10.3% |
India | 9.9 | 4.7 | 15.3 | 17.0 | 19.7% |
Poland | 5.8 | 7.3 | 8.9 | 8.1 | 11.8% |
Germany | 7.7 | 9.2 | 10.9 | 5.9 | -8.5% |
Taiwan (Chinese) | 7.9 | 7.2 | 9.3 | 5.7 | -10.3% |
Singapore | 3.7 | 2.5 | 6.3 | 4.9 | 9.8% |
Japan | 4.1 | 4.8 | 3.2 | 4.5 | 3.2% |
Mexico | 3.6 | 3.7 | 3.6 | 4.2 | 5.3% |
Turkey | 4.7 | 6.5 | 6.8 | 3.8 | -6.8% |
Malaysia | 2.1 | 3.1 | 1.7 | 3.0 | 12.6% |
Philippines | 1.4 | 4.7 | 2.9 | 2.0 | 12.6% |
Others | 74.3 | 60.8 | 71.5 | 62.8 | -5.5% |
Total | 315 | 282 | 303 | 280 | -3.9% |
Top Export Markets for Cells and Batteries; Lithium from Hong Kong SAR in 2022:
- China (340.0M units)
- Vietnam (78.8M units)
- United States (48.9M units)
- Germany (38.5M units)
- India (24.2M units)
- Singapore (23.6M units)
- Taiwan (Chinese) (21.4M units)
- Japan (14.9M units)
- Poland (14.2M units)
- Turkey (14.1M units)
- Malaysia (13.7M units)
- Mexico (12.9M units)
- Philippines (11.9M units)
Imports of Cells and Batteries; Lithium in Hong Kong SAR
In 2022, approx. 789M units of cells and batteries; lithia were imported into Hong Kong SAR; with a decrease of -28.2% compared with 2021. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports reached the peak of 1.1B units, and then contracted remarkably in the following year.
In value terms, cells and batteries; lithium imports fell to $243M in 2022. Over the period under review, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 3.3% against the previous year. Imports peaked at $280M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Cells and Batteries; Lithium in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 147 | 136 | 158 | 116 | -7.6% |
Singapore | 24.8 | 21.4 | 25.5 | 42.6 | 19.8% |
Japan | 31.6 | 26.3 | 33.2 | 30.8 | -0.9% |
Indonesia | 31.9 | 31.4 | 31.4 | 25.7 | -7.0% |
Malaysia | 10.7 | 10.5 | 1.1 | 3.1 | -33.8% |
Others | 33.7 | 31.1 | 15.2 | 24.4 | -10.2% |
Total | 280 | 256 | 265 | 243 | -4.6% |
Top Suppliers of Cells and Batteries; Lithium to Hong Kong SAR in 2022:
- China (368.5M units)
- Indonesia (172.7M units)
- Japan (146.2M units)
- Singapore (71.4M units)
- Malaysia (12.9M units)
This report provides an in-depth analysis of the lithium battery market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27201150 -
- Prodcom 27201155 -
- Prodcom 27201160 -
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lithium battery market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global lithium battery market.
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This report provides an in-depth analysis of the lithium battery market in Hong Kong SAR, China.
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Exports of cells and batteries; lithium reached a record high of 932M units in 2021 but dropped to a lower figure from 2022 to 2023. In terms of value, exports of cells and batteries; lithium significantly decreased to $222M in 2023.
In June 2023, exports of Cells and batteries; lithium reached their peak at 61M units. From July to November 2023, the exports remained at a slightly lower level. In terms of value, Cells and batteries; lithium exports dropped to $15M in November 2023.
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