Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Myanmar - 2022

Contents:

  1. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Myanmar (CIF) - 2022
  2. Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Myanmar

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

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $140 per unit in 2022, with an increase of 1,528% against the previous year. In general, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,331 per unit), while the price for Japan ($4 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+152.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into Myanmar skyrocketed to 327 units, increasing by 567% against 2021. Overall, imports, however, showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 2,795% against the previous year. As a result, imports attained the peak of 26K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s soared to $46K in 2022. In general, imports continue to indicate a significant increase. Over the period under review, imports of reached the peak figure at $317K in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/AN/A42.00%
China11.2299N/A1.5-48.8%
JapanN/A14.30.20.8-76.3%
GermanyN/AN/A0.20.5150.0%
Others1.73.2N/A0.9-19.1%
Total12.83170.445.853.0%

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

  1. Japan (207.0 units)
  2. China (94.0 units)
  3. Thailand (18.0 units)
  4. Germany (5.0 units)

Source: IndexBox Market Intelligence Platform

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