
U.S. Storage Battery Market. Analysis And Forecast to 2025
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U.S. Storage Battery Imports Surge to Record $9.3B
IndexBox has just published a new report: 'U.S. Storage Battery Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
U.S. Storage Battery Imports
In 2020, the amount of storage batteries imported into the U.S. skyrocketed to 645M units, rising by 40% against the previous year. In value terms, storage battery imports skyrocketed from $8.0B to $9.3B (IndexBox estimates).
China (223M units), Germany (158M units) and Japan (88M units) were the main suppliers of storage battery imports to the U.S., together accounting for 73% of total supplies.
In value terms, China ($2.5B), Japan ($1.8B) and South Korea ($1.4B) appeared to be the largest storage battery suppliers to the U.S., with a combined 62% share of total imports. These countries were followed by Mexico, Germany, Vietnam and Taiwan (Chinese), which together accounted for a further 26%.
Germany doubled the value of storage battery exports to the U.S., while supplies from other leaders experienced more modest paces of growth in 2020.
Source: IndexBox Platform
This report provides an in-depth analysis of the storage battery 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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Finding New Products to Diversify Your Business
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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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