
U.S. - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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U.S. Electric Battery Imports Hit Record $8.6B
IndexBox has just published a new report: 'U.S. - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.
Throughout Q1-Q3 2021, electric battery imports into the U.S. totalled $8.6B, gaining 58% from the same period in 2020. Supplies from China, the leading accumulator provider, rose by 78% to $3.2B. U.S. battery imports grew steadily during the last decade, increasing from $3B in 2010 to $7.9B in 2020.
The U.S., one of the largest importers in the global electric battery market, continues to ramp up purchases. In Q1-Q3 2021, American battery imports totalled $8.6B, rising by 58% compared to the same period in 2020. This figure reflects total purchases of lead-acid, nickel-cadmium, nickel-metal hydride, nickel-iron, lithium-ion, lithium polymer, and other electric accumulators, as well as accumulator separators.
Shipments from China, the leading accumulator supplier to the U.S., spiked by 78% to $3.2B. From 2010 to 2020, U.S. battery imports soared from $3B to $7.9B.
U.S. Electric Accumulator Imports by Country
In 2020, China ($2.4B), South Korea ($1.3B) and Mexico ($1.1B) were the largest accumulator suppliers to the U.S., with a combined 61% share of total imports. Japan, Vietnam and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 20%.
Top Largest Electric Accumulator Importers Worldwide
Global accumulator imports stood at $58.4B in 2020. The U.S. ($7.9B), Germany ($7.5B) and Hong Kong SAR ($3.5B) were the largest accumulator importing markets worldwide, with a combined 32% share of global supplies. China, Vietnam, South Korea, the Netherlands, Poland, Mexico, India, Hungary, Indonesia and Singapore lagged somewhat behind, accounting for a further 25%.
Source: IndexBox Platform
This report provides an in-depth analysis of the accumulator market in the U.S.. 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 2025.
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A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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