Price for Cells and Batteries; Lithium in Nepal - 2022
Contents:
- Price for Cells and Batteries; Lithium in Nepal (CIF) - 2022
- Imports of Cells and Batteries; Lithium in Nepal
Price for Cells and Batteries; Lithium in Nepal (CIF) - 2022
In 2022, the average cells and batteries; lithium import price amounted to $0.4 per unit, which is down by -71.7% against the previous year. Overall, the import price saw a perceptible setback. The pace of growth was the most pronounced in 2013 an increase of 829%. The import price peaked at $30 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($3.8 per unit), while the price for Japan ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cells and Batteries; Lithium in Nepal
Cells and batteries; lithium imports into Nepal surged to 221K units in 2022, with an increase of 256% compared with 2021. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cells and batteries; lithium imports amounted to $88K in 2022. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked at $148K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cells and Batteries; Lithium in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.4 | N/A | 15.6 | 69.8 | 11.5% |
| India | 1.0 | 2.1 | 0.9 | 8.0 | 100.0% |
| Japan | N/A | N/A | N/A | 6.8 | 0% |
| Singapore | 92.3 | 62.6 | 17.4 | 0.2 | -87.1% |
| Denmark | N/A | N/A | 3.9 | N/A | 0% |
| Australia | N/A | N/A | 19.9 | N/A | 0% |
| Others | 4.8 | 0.1 | 29.6 | 3.3 | -11.7% |
| Total | 148 | 64.7 | 87.3 | 88.0 | -15.9% |
Top Suppliers of Cells and Batteries; Lithium to Nepal in 2022:
- Singapore (undefinedK units)
- Japan (136.0K units)
- China (81.0K units)
- India (4.3K units)
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