Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in the Philippines - 2023
Contents:
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines (CIF) - 2022
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines (FOB) - 2022
- Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines
- Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines
Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines (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 $45 per unit, dropping by -10.7% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of 81% against the previous year. Over the period under review, average import prices hit record highs at $86 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($76 per unit), while the price for South Korea ($40 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+206.2%), 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 the Philippines (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 $152 per unit, surging by 1,284% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +31.0% per year.
Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines
In 2022, purchases abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s increased by 402% to 108K units for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s surged to $4.8M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 3,302 | 0% |
| Hong Kong SAR | 244 | 351 | 619 | 607 | 35.5% |
| Japan | 161 | 52.2 | 70.3 | 442 | 40.0% |
| China | 165 | 75.9 | 270 | 350 | 28.5% |
| Singapore | 210 | 89.2 | 101 | 50.5 | -37.8% |
| Others | 12.0 | 289 | 15.5 | 69.9 | 79.9% |
| Total | 792 | 858 | 1,076 | 4,822 | 82.6% |
Top Suppliers of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) to the Philippines in 2022:
- South Korea (83.0K units)
- Hong Kong SAR (10.9K units)
- Japan (8.0K units)
- China (4.6K units)
- Singapore (0.7K units)
Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines
In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s exported from the Philippines dropped significantly to 3 units, waning by 99.9% compared with 2021. Overall, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 838% against the previous year. As a result, the exports attained the peak of 36K units, and then shrank markedly in the following year.
In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s fell dramatically to $455 in 2022. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 743%. As a result, the exports reached the peak of $395K, and then fell sharply in the following year.
| Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| Hong Kong SAR | 6.8 | N/A | N/A | N/A | 0% |
| New Zealand | 26.8 | N/A | N/A | N/A | 0% |
| Austria | N/A | 22.0 | 85.2 | N/A | 287.3% |
| Sweden | N/A | 9.1 | N/A | N/A | 0% |
| Mexico | 14.1 | N/A | N/A | N/A | 0% |
| Canada | 13.0 | 8.7 | 16.1 | N/A | 11.3% |
| Others | 12.2 | 7.0 | 293 | N/A | 390.1% |
| Total | 72.9 | 46.8 | 395 | 0.5 | -81.0% |
Top Export Markets for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) from the Philippines in 2022:
- United Arab Emirates (3.0 units)
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