Canada - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends And Insights

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Lithium-Ion Accumulator Price in Canada - 2023

Contents:

  1. Lithium-Ion Accumulator Price in Canada (CIF) - 2022
  2. Lithium-Ion Accumulator Price in Canada (FOB) - 2022
  3. Lithium-Ion Accumulator Imports in Canada
  4. Lithium-Ion Accumulator Exports in Canada

Lithium-Ion Accumulator Price in Canada (CIF) - 2022

In 2022, the average lithium-ion accumulator import price amounted to $60 per unit, with an increase of 14% against the previous year. Overall, the import price posted a significant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 69%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 the United States ($179 per unit), while the price for Japan ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Lithium-Ion Accumulator Price in Canada (FOB) - 2022

The average lithium-ion accumulator export price stood at $43 per unit in 2022, with an increase of 91% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($43 per unit), while the average price for exports to the UK stood at $12 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+23.4%).

Lithium-Ion Accumulator Imports in Canada

In 2022, approx. 13M units of lithium-ion accumulators were imported into Canada; growing by 18% compared with 2021. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium-ion accumulator imports surged to $794M in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Lithium-Ion Accumulator in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States74.315925731361.5%
China10110017924434.2%
South Korea39.258.346.653.410.9%
Taiwan (Chinese)20.616.421.332.015.8%
Malaysia6.07.911.331.072.9%
Vietnam6.46.59.812.926.3%
Japan6.85.96.66.90.5%
Sweden0.20.82.56.2214.1%
Others18.331.256.393.472.2%
Total27338659179442.7%

Top Suppliers of Lithium-Ion Accumulator to Canada in 2022:

  1. China (7.9M units)
  2. United States (1.8M units)
  3. Taiwan (Chinese) (1.0M units)
  4. South Korea (0.5M units)
  5. Malaysia (0.3M units)
  6. Vietnam (0.3M units)
  7. Sweden (0.2M units)
  8. Japan (0.2M units)

Lithium-Ion Accumulator Exports in Canada

In 2022, overseas shipments of lithium-ion accumulators decreased by -22.6% to 2.4M units, falling for the second year in a row after two years of growth. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports attained the peak of 3.7M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lithium-ion accumulator exports soared to $103M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lithium-Ion Accumulator in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46.256.663.695.627.4%
United Kingdom0.71.41.31.322.9%
Others32.25.44.96.5-41.3%
Total79.163.469.81039.2%

Top Export Markets for Lithium-Ion Accumulator from Canada in 2022:

  1. United States (2222.6K units)
  2. United Kingdom (108.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lithium-ion accumulator market in Canada. 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 27202350 -

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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