Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Australia - 2023

Contents:

1. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia (CIF) - 2023
2. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia (FOB) - 2022
3. Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia
4. Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia (CIF) - 2023

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $3.6 per unit in November 2023, shrinking by -21.1% against the previous month. In general, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in October 2023 an increase of 66% m-o-m. Over the period under review, average import prices hit record highs at $6.3 per unit in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($6.9 per unit), while the price for Japan stood at $2.1 per unit.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.6%).

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

In 2022, the average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $6.9 per unit, with a decrease of -2.1% against the previous year. In general, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by 174%. The export price peaked at $49 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($131 per unit), while the average price for exports to Senegal ($1 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 Christmas Island (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia

In 2022, purchases abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -5.1% to 2.2M units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 27%. As a result, imports attained the peak of 2.5M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s expanded rapidly to $17M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 8% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. Japan (1978.1K units)
2. China (139.6K units)
3. Taiwan (Chinese) (40.6K units)
4. Germany (17.5K units)

Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Australia

In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s exported from Australia totaled 68K units, growing by 14% against the previous year. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s expanded notably to $473K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. Senegal (37.7K units)
2. New Zealand (24.3K units)
3. Mauritius (3.1K units)
4. United States (1.7K units)
5. Singapore (0.3K units)

Source: IndexBox Market Intelligence Platform