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World - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Oct 31, 2023

The Largest Import Markets for Accumulator

Accumulators are an essential component in various industries, including automotive, construction, and aerospace. These devices store potential energy to be used for hydraulic and pneumatic systems, providing an extra power boost when needed. As the demand for efficient energy storage continues to rise, the import value of accumulators also experiences significant growth. IndexBox, a market intelligence platform, provides crucial data and statistics on the global import markets for accumulators. Let's explore the top ten countries in terms of import value for accumulators in 2022.

1. United States - Import Value: $17.6 Billion USD

The United States leads the world in importing accumulators, with an import value of $17.6 billion in 2022. The country's strong industrial sector, advanced manufacturing capabilities, and significant demand for energy storage systems contribute to its high import volume. The United States relies on imports to meet its domestic demand for accumulators.

2. Germany - Import Value: $16.0 Billion USD

Germany holds the second position in the global import market for accumulators, with an import value of $16.0 billion in 2022. The country is renowned for its engineering and automotive industries, which heavily rely on accumulators. Germany's robust economy and technological advancements drive the import of these essential components.

3. South Korea - Import Value: $5.8 Billion USD

South Korea stands as one of the major importers of accumulators, with an import value of $5.8 billion in 2022. The country's flourishing automotive and electronic industries contribute to the high demand for accumulators. South Korea's focus on renewable energy and sustainable technologies also drives the import of energy storage systems.

4. Netherlands - Import Value: $4.7 Billion USD

The Netherlands ranks fourth in the world for import value of accumulators, with $4.7 billion in 2022. Its strategic location, well-developed logistics infrastructure, and strong trade relations make it an attractive import market. The Netherlands serves as a gateway to Europe, attracting a significant volume of imports, including accumulators.

5. Czech Republic - Import Value: $4.3 Billion USD

The Czech Republic is among the top importers of accumulators, with an import value of $4.3 billion in 2022. The country's automotive sector plays a vital role in driving the demand for accumulators. Moreover, its central location within Europe and favorable business environment contribute to its import market growth.

6. Hong Kong SAR - Import Value: $4.0 Billion USD

Hong Kong Special Administrative Region (SAR) stands at the sixth position for import value of accumulators, with $4.0 billion in 2022. Hong Kong SAR serves as a major trade hub, connecting mainland China with the rest of the world. Its strong financial sector and advanced logistics infrastructure make it an attractive import market for various products, including accumulators.

7. Vietnam - Import Value: $3.9 Billion USD

Vietnam is a rapidly growing importer of accumulators, with an import value of $3.9 billion in 2022. The country's expanding manufacturing sector, particularly in electronics and automotive industries, drives the demand for energy storage systems. Vietnam's favorable investment climate and lower labor costs make it an appealing import market.

8. Italy - Import Value: $3.4 Billion USD

Italy holds the eighth position in the global import market for accumulators, with an import value of $3.4 billion in 2022. The country's automotive industry and strong focus on renewable energy contribute to the import demand for accumulators. Italy also benefits from its central location within Europe, facilitating trade with neighboring countries.

9. China - Import Value: $3.4 Billion USD

China, a global manufacturing powerhouse, imports accumulators worth $3.4 billion in 2022. Despite being one of the world's largest producers of accumulators, China's domestic demand exceeds its production capacity. The country's expanding industrial and construction sectors contribute to the import growth of accumulators.

10. Mexico - Import Value: $3.2 Billion USD

Mexico ranks tenth in the world for import value of accumulators, with $3.2 billion in 2022. The country's automotive and manufacturing sectors heavily rely on accumulators, driving the import demand. Mexico's proximity to the United States and its participation in global trade agreements make it an attractive market for imports.

These top ten countries dominate the global import market for accumulators. The information provided by IndexBox highlights the increasing demand for energy storage systems and the reliance on imports to meet this demand. IndexBox's market intelligence platform offers valuable insights and comprehensive data to understand market trends, import/export volumes, and key players. It enables businesses and analysts to make informed decisions and seize opportunities in the competitive global market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global accumulator market. 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 27202100 - Lead-acid accumulators for starting piston engines
  • Prodcom 27202210 -
  • Prodcom 27202250 -
  • Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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