Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Mexico - 2022
Contents:
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (CIF) - 2022
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (FOB) - 2022
- Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico
- Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico
Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (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 $6.8 per unit, with an increase of 25% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 105% against the previous year. As a result, import price attained the peak level of $14 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($6.8 per unit), while the price for China ($6.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced a decline.
Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (FOB) - 2022
The average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $18 per unit in 2022, surging by 33% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 73% against the previous year. As a result, the export price reached the peak level of $19 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
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 the United States amounted to -3.5% per year.
Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico
In 2022, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into Mexico reduced to 3.1M units, which is down by -14.3% compared with 2021 figures. In general, imports saw a sharp descent. Imports peaked at 21M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s rose remarkably to $21M in 2022. Over the period under review, imports continue to indicate a sharp decline. Imports peaked at $133M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.4 | 9.6 | 9.3 | 12.2 | 9.1% |
Japan | 5.6 | 7.7 | 7.9 | 7.4 | 9.7% |
United States | 117 | 34.7 | 0.3 | 1.2 | -78.3% |
Others | 1.1 | 0.7 | 2.2 | 0.3 | -35.2% |
Total | 133 | 52.7 | 19.7 | 21.1 | -45.9% |
Top Suppliers of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) to Mexico in 2022:
- China (1793.1K units)
- Japan (1083.8K units)
- United States (177.3K units)
Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico
After three years of growth, shipments abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -67.7% to 121K units in 2022. Overall, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 373K units, and then dropped rapidly in the following year.
In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s dropped remarkably to $2.2M in 2022. In general, exports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, the exports attained the peak of $5.1M, and then dropped dramatically in the following year.
Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.2 | 3.0 | 4.6 | 2.2 | -19.4% |
Singapore | 0.1 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 0.1 | N/A | N/A | 0% |
Canada | N/A | N/A | 0.2 | N/A | 0% |
Others | 0.3 | 0.4 | 0.3 | N/A | 0.0% |
Total | 4.7 | 3.5 | 5.1 | 2.2 | -22.4% |
Top Export Markets for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) from Mexico in 2022:
- United States (120.5K units)
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During the review period, imports of Accumulator peaked in 2023 and are projected to experience steady growth in the future. In terms of value, Accumulator imports surged to $4.3B in 2023.
In July 2022, the accumulator price stood at $5.8 per unit (CIF, Mexico), falling by -7.8% against the previous month.
Starter Battery exports reached a peak of 2.2M units in March 2023 but struggled to regain momentum from April to October. In October 2023, exports saw a surge in value, amounting to $88M.
The price of the Starter Battery in June 2023 remained nearly unchanged at $43.1 per unit (FOB, Mexico) compared to the previous month.
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