Report Update: May 1, 2024

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

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Accumulator Price in Japan - 2023

Accumulator Price in Japan (FOB) - 2022

In 2022, the average accumulator export price amounted to $57 per unit, falling by -3% against the previous year. In general, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 71%. As a result, the export price reached the peak level of $108 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($102 per unit), while the average price for exports to the Czech Republic ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Accumulator Price in Japan (CIF) - 2022

In 2022, the average accumulator import price amounted to $62 per unit, rising by 6.5% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, accumulator import price increased by +136.2% against 2012 indices. The pace of growth appeared the most rapid in 2013 an increase of 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($152 per unit), while the price for Poland ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Accumulator Exports in Japan

In 2022, accumulator exports from Japan dropped modestly to 75M units, waning by -3.2% compared with the year before. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of 140% against the previous year. As a result, the exports reached the peak of 78M units, and then fell in the following year.

In value terms, accumulator exports contracted to $4.2B in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of $4.5B, and then dropped in the following year.

Export of Accumulator in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1,269	1,479	2,046	1,951	15.4%
China	414	449	674	419	0.4%
Mexico	58.0	98.1	140	157	39.4%
Germany	151	160	155	149	-0.4%
Taiwan (Chinese)	112	75.8	98.6	118	1.8%
Czech Republic	0.1	0.1	23.4	89.3	863.0%
Hong Kong SAR	109	113	88.3	84.8	-8.0%
Netherlands	64.6	48.3	56.9	67.8	1.6%
Hungary	9.1	9.0	50.6	55.7	82.9%
Others	1,109	1,072	1,191	1,156	1.4%
Total	3,297	3,503	4,523	4,247	8.8%

Top Export Markets for Accumulator from Japan in 2022:

United States (46.3M units)
China (7.0M units)
Germany (3.2M units)
Czech Republic (2.7M units)
Taiwan (Chinese) (2.7M units)
Hong Kong SAR (1.6M units)
Mexico (1.5M units)
Netherlands (1.4M units)
Hungary (1.2M units)

Accumulator Imports in Japan

Accumulator imports into Japan surged to 44M units in 2022, growing by 18% on 2021 figures. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, accumulator imports skyrocketed to $2.8B in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Accumulator in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	866	973	1,321	1,546	21.3%
South Korea	354	351	367	467	9.7%
Singapore	140	122	136	202	13.0%
United States	229	68.9	63.0	169	-9.6%
Vietnam	37.9	23.5	39.6	95.0	35.8%
Taiwan (Chinese)	56.0	71.6	79.5	85.1	15.0%
Germany	38.6	45.6	64.0	52.2	10.6%
Poland	10.7	9.7	12.7	11.6	2.7%
Others	91.8	103	103	127	11.4%
Total	1,825	1,769	2,185	2,755	14.7%

Top Suppliers of Accumulator to Japan in 2022:

China (25.1M units)
South Korea (5.3M units)
United States (4.3M units)
Vietnam (2.1M units)
Taiwan (Chinese) (1.3M units)
Singapore (1.3M units)
Poland (1.1M units)
Germany (1.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the accumulator market in Japan. 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:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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