Report Update May 1, 2024

Southern Asia - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Lithium Battery Market 2024

Lithium Battery Exports

Exports in Southern Asia

In 2021, exports of lithium cells ans batteries in Southern Asia soared to X tons, picking up by 964% on 2020. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium battery exports soared to $X in 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2021.

India was also the fastest-growing in terms of the lithium cells ans batteries exports, with a CAGR of +32.3% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest lithium battery supplier in Southern Asia.

In India, lithium battery exports expanded at an average annual rate of +28.8% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, rising by 24% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -2.6% per year.

Lithium Battery Imports

Imports in Southern Asia

In 2021, purchases abroad of lithium cells ans batteries increased by 17% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 when imports increased by 172% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, lithium battery imports expanded sharply to $X in 2021. Over the period under review, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 150% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

India represented the major importer of lithium cells ans batteries in Southern Asia, with the volume of imports amounting to X tons, which was near 66% of total imports in 2021. Bangladesh (X tons) held a 24% share (based on physical terms) of total imports, which put it in second place, followed by Sri Lanka (4.9%). The following importers - Maldives (X tons) and Pakistan (X tons) - each recorded a 4.4% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to lithium battery imports into India stood at -5.8%. At the same time, Maldives (+57.2%), Bangladesh (+40.7%) and Sri Lanka (+21.3%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +57.2% from 2012-2021. By contrast, Pakistan (-9.9%) illustrated a downward trend over the same period. Bangladesh (+23 p.p.), Sri Lanka (+4.2 p.p.) and Maldives (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Pakistan and India saw its share reduced by -2.3% and -26% from 2012 to 2021, respectively.

In value terms, India ($X) constitutes the largest market for imported lithium cells ans batteries in Southern Asia, comprising 80% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 6.9% share of total imports. It was followed by Pakistan, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value in India stood at -9.1%. In the other countries, the average annual rates were as follows: Bangladesh (+16.2% per year) and Pakistan (-7.8% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, declining by -7.1% against the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 6.7% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lithium cells ans batteries in Southern Asia?

The country with the largest volume of lithium battery consumption was India, accounting for 60% of total volume. Moreover, lithium battery consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, twofold. Sri Lanka ranked third in terms of total consumption with a 5.8% share.

What are the leading suppliers of lithium cells ans batteries in Southern Asia?

In value terms, India remains the largest lithium battery supplier in Southern Asia.

What are the leading importers of lithium cells ans batteries in Southern Asia?

In value terms, India constitutes the largest market for imported lithium cells ans batteries in Southern Asia, comprising 80% of total imports. The second position in the ranking was taken by Bangladesh, with a 6.9% share of total imports. It was followed by Pakistan, with a 5.2% share.

What is the average export price for lithium cells ans batteries in Southern Asia?

The export price in Southern Asia stood at $95,531 per ton in 2021, surging by 24% against the previous year.

What is the average import price for lithium cells ans batteries in Southern Asia?

The import price in Southern Asia stood at $53,749 per ton in 2021, falling by -7.1% against the previous year.

This report provides an in-depth analysis of the lithium battery market in Southern Asia. 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 27201150 -
Prodcom 27201155 -
Prodcom 27201160 -

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023