Philippines - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nickel and Lithium Accumulators in the Philippines - 2023
Contents:
- Price for Nickel and Lithium Accumulators in the Philippines (CIF) - 2022
- Price for Nickel and Lithium Accumulators in the Philippines (FOB) - 2022
- Imports of Nickel and Lithium Accumulators in the Philippines
- Exports of Nickel and Lithium Accumulators in the Philippines
Price for Nickel and Lithium Accumulators in the Philippines (CIF) - 2022
The average nickel and lithium accumulators import price stood at $9 per unit in 2022, surging by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure at $9.1 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($28 per unit), while the price for Taiwan (Chinese) ($5.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel and Lithium Accumulators in the Philippines (FOB) - 2022
In 2022, the average nickel and lithium accumulators export price amounted to $17 per unit, picking up by 6.8% against the previous year. Overall, the export price, however, saw a slight decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 105%. The export price peaked at $55 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($21 per unit), while the average price for exports to Taiwan (Chinese) ($9.7 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 the United States (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Nickel and Lithium Accumulators in the Philippines
In 2022, purchases abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -1.6% to 33M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year. Imports peaked at 33M units in 2021, and then reduced slightly in the following year.
In value terms, nickel and lithium accumulators imports expanded rapidly to $295M in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 189%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Nickel and Lithium Accumulators in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 52.6 | 78.3 | 120 | 117 | 30.5% |
Singapore | 29.3 | 2.5 | 47.9 | 68.2 | 32.5% |
South Korea | 5.4 | 173 | 40.5 | 42.1 | 98.3% |
Taiwan (Chinese) | 0.8 | 0.2 | 9.5 | 38.8 | 264.7% |
Hong Kong SAR | 2.1 | 3.9 | 11.0 | 12.4 | 80.7% |
Others | 7.0 | 22.4 | 27.6 | 16.5 | 33.1% |
Total | 97.1 | 280 | 257 | 295 | 44.8% |
Top Suppliers of Nickel and Lithium Accumulators to the Philippines in 2022:
- China (15.1M units)
- Taiwan (Chinese) (7.2M units)
- Singapore (6.7M units)
- South Korea (1.5M units)
- Hong Kong SAR (1.1M units)
Exports of Nickel and Lithium Accumulators in the Philippines
In 2022, nickel and lithium accumulators exports from the Philippines surged to 727K units, rising by 34% on the year before. Over the period under review, exports, however, recorded a pronounced reduction. The exports peaked at 1M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, nickel and lithium accumulators exports soared to $12M in 2022. In general, exports, however, continue to indicate a deep reduction. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Nickel and Lithium Accumulators in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.4 | 3.8 | 2.4 | 3.3 | -9.1% |
Hong Kong SAR | 2.3 | 1.2 | 1.7 | 2.7 | 5.5% |
Ireland | 6.0 | 2.9 | 1.7 | 2.5 | -25.3% |
Taiwan (Chinese) | 0.4 | 1.4 | 0.7 | 1.0 | 35.7% |
China | 0.4 | 0.4 | 0.3 | 1.0 | 35.7% |
Thailand | 0.5 | 2.8 | 1.0 | 1.0 | 26.0% |
Others | 0.6 | 0.9 | 0.5 | 0.5 | -5.9% |
Total | 14.6 | 13.3 | 8.4 | 12.0 | -6.3% |
Top Export Markets for Nickel and Lithium Accumulators from the Philippines in 2022:
- United States (206.1K units)
- Ireland (141.6K units)
- Hong Kong SAR (127.2K units)
- Taiwan (Chinese) (103.9K units)
- Thailand (74.2K units)
- China (60.2K units)
This report provides an in-depth analysis of the market for nickel and lithium accumulators in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
- Prodcom 27202310 -
- Prodcom 27202320 -
- Prodcom 27202330 -
- Prodcom 27202340 -
- Prodcom 27202350 -
- Prodcom 27202395 -
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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