Price for Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square) in China - 2023

Contents:

  1. Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (FOB) - 2022
  2. Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (CIF) - 2022
  3. Exports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China
  4. Imports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China

Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (FOB) - 2022

The average export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $1.4 per unit in 2022, which is down by -19.7% against the previous year. Overall, the export price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 an increase of 398% against the previous year. As a result, the export price attained the peak level of $8.3 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($8.5 per unit), while the average price for exports to Spain ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (CIF) - 2022

The average import price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $27 per unit in 2022, jumping by 18% against the previous year. Over the period under review, the import price showed a significant increase. The growth pace was the most rapid in 2015 when the average import price increased by 827%. The import price peaked at $46 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($108 per unit), while the price for Hong Kong SAR ($3.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China

Exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s from China declined modestly to 42M units in 2022, which is down by -4% on the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports reached the peak of 44M units, and then reduced modestly in the following year.

In value terms, exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s contracted rapidly to $61M in 2022. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The exports peaked at $83M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR15.913.115.510.8-12.1%
South Korea4.04.24.75.07.7%
United States11.710.311.15.0-24.7%
Germany2.02.12.34.127.0%
Mexico2.32.83.43.616.1%
Spain3.02.93.11.8-15.7%
United Kingdom5.52.63.21.6-33.7%
Turkey1.31.11.91.2-2.6%
India0.21.00.60.858.7%
Canada0.80.60.70.4-20.6%
Netherlands4.21.01.4N/A-42.3%
Others31.424.631.526.8-5.1%
Total82.666.279.461.2-9.5%

Top Export Markets for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) from China in 2022:

  1. South Korea (10.9M units)
  2. Hong Kong SAR (6.9M units)
  3. United States (4.4M units)
  4. Spain (4.1M units)
  5. Mexico (3.9M units)
  6. Turkey (1.4M units)
  7. India (1.2M units)
  8. United Kingdom (1.1M units)
  9. Germany (0.9M units)
  10. Canada (0.8M units)

Imports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China

Imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s into China shrank rapidly to 1.3M units in 2022, declining by -21.3% on 2021 figures. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 6.8%. Over the period under review, imports of reached the peak figure at 3.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s contracted to $34M in 2022. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 44%. Over the period under review, imports of hit record highs at $47M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.78.512.614.09.4%
France25.18.611.711.2-23.6%
Germany5.04.44.73.8-8.7%
United Kingdom0.71.21.52.552.9%
Sweden1.20.94.41.57.7%
Japan3.11.51.00.5-45.6%
Norway0.1N/A0.10.10.0%
Others0.70.61.00.84.6%
Total46.625.737.034.4-9.6%

Top Suppliers of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) to China in 2022:

  1. France (650.7K units)
  2. Germany (194.6K units)
  3. United States (129.1K units)
  4. United Kingdom (105.1K units)
  5. Sweden (63.8K units)
  6. Japan (62.2K units)
  7. Norway (23.8K units)

Source: IndexBox Market Intelligence Platform

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