Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in India - 2022

Contents:

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

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

The average export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $113 per unit in 2022, standing approx. at the previous year. In general, the export price showed a strong expansion. The growth pace was the most rapid in 2015 an increase of 146%. The export price peaked at $154 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +4.2% per year.

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

The average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $147 per unit in 2022, growing by 7.1% against the previous year. Over the period under review, the import price recorded a resilient increase. The growth pace was the most rapid in 2013 an increase of 95% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Singapore ($363 per unit), while the price for the United States ($130 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+70.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, shipments abroad of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s decreased by -67.5% to 1.3K units in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,109% against the previous year. The exports peaked at 4K units in 2021, and then declined rapidly in the following year.

In value terms, exports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s reached $459K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 878% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. United States (1.3K units)

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

In 2022, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s into India contracted to 2.1K units, shrinking by -6.6% on the year before. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked at 4.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $310K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. United States (1898.0 units)
2. Singapore (90.0 units)
3. Germany (68.0 units)

Source: IndexBox Market Intelligence Platform