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

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $1.2 per unit, which is down by -14.1% against the previous year. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. Over the period under review, average import prices reached the peak figure at $1.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Netherlands ($4.1 per unit), while the price for Poland ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In October 2023, the average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $2.1 per unit, increasing by 21% against the previous month. Over the period under review, export price indicated a buoyant increase from October 2022 to October 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s increased by +21.0% against September 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 43% m-o-m. The export price peaked at $2.1 per unit in July 2023; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($16.4 per unit), while the average price for exports to Turkey ($6.7 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into Belgium soared to 36M units in 2022, growing by 22% against 2021 figures. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 53% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s rose rapidly to $42M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 72%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland12.919.019.715.05.2%
China0.22.34.69.2258.3%
Japan3.46.46.98.837.3%
Germany1.72.85.75.951.4%
Others1.94.03.43.522.6%
Total20.134.640.342.528.4%

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

  1. Poland (18.0M units)
  2. China (11.0M units)
  3. Germany (3.5M units)
  4. Japan (2.9M units)

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

In 2022, overseas shipments of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -15.2% to 29M units, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 211%. As a result, the exports reached the peak of 38M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s dropped to $41M in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 127%. As a result, the exports reached the peak of $47M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.514.312.910.617.7%
France1.36.46.66.571.0%
Poland3.75.66.34.99.8%
Spain2.24.54.74.627.9%
Italy1.63.23.63.833.4%
United Kingdom1.96.14.23.016.4%
Netherlands0.81.51.71.420.5%
Others2.85.86.86.028.9%
Total20.847.446.840.825.2%

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

  1. Germany (10.0M units)
  2. France (6.4M units)
  3. Poland (3.3M units)
  4. United Kingdom (2.5M units)
  5. Spain (2.3M units)
  6. Italy (1.4M units)
  7. Netherlands (0.5M units)

Source: IndexBox Market Intelligence Platform

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