Sri Lanka - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLithium-Ion Accumulator Price in Sri Lanka - 2021
Contents:
- Lithium-Ion Accumulator Price in Sri Lanka (CIF) - 2022
- Lithium-Ion Accumulator Price in Sri Lanka (FOB) - 2022
- Lithium-Ion Accumulator Imports in Sri Lanka
- Lithium-Ion Accumulator Exports in Sri Lanka
Lithium-Ion Accumulator Price in Sri Lanka (CIF) - 2022
The average lithium-ion accumulator import price stood at $58 per unit in 2022, surging by 32% against the previous year. Overall, the import price showed a significant increase. The growth pace was the most rapid in 2021 when the average import price increased by 168%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($56 per unit), while the price for Singapore amounted to $33 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.8%).
Lithium-Ion Accumulator Price in Sri Lanka (FOB) - 2022
In 2022, the average lithium-ion accumulator export price amounted to $39 per unit, with an increase of 82% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United Arab Emirates ($70 per unit), while the average price for exports to Denmark ($22 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 the United Arab Emirates (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.
Lithium-Ion Accumulator Imports in Sri Lanka
In 2022, imports of lithium-ion accumulators into Sri Lanka skyrocketed to 404K units, picking up by 37% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 63%. As a result, imports reached the peak of 429K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lithium-ion accumulator imports surged to $23M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 156%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Lithium-Ion Accumulator in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 6.2 | 9.5 | 20.6 | 125.4% |
| Singapore | 0.1 | N/A | N/A | 0.7 | 91.3% |
| India | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 0.7 | 3.4 | 2.1 | 44.2% |
| Total | 2.7 | 7.0 | 12.9 | 23.4 | 105.4% |
Top Suppliers of Lithium-Ion Accumulator to Sri Lanka in 2022:
- China (368.2K units)
- Singapore (19.9K units)
- India (5.6K units)
Lithium-Ion Accumulator Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of lithium-ion accumulators, when their volume decreased by -98.6% to 161 units. Overall, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of 12K units, and then plummeted in the following year.
In value terms, lithium-ion accumulator exports dropped sharply to $6.3K in 2022. In general, exports faced a dramatic decrease. The smallest decline of -6.5% was in 2020. The exports peaked at $288K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lithium-Ion Accumulator in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | 0.3 | 0.1 | 3.9 | 260.6% |
| United Arab Emirates | N/A | N/A | 0.1 | 2.1 | 2000.0% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Seychelles | N/A | N/A | N/A | 0.1 | 0% |
| India | 287 | 266 | 245 | N/A | -7.6% |
| Others | 1.2 | 2.6 | 6.0 | N/A | 123.6% |
| Total | 288 | 269 | 252 | 6.3 | -72.0% |
Top Export Markets for Lithium-Ion Accumulator from Sri Lanka in 2022:
- Maldives (119.0 units)
- United Arab Emirates (30.0 units)
- Denmark (8.0 units)
- Seychelles (4.0 units)
This report provides an in-depth analysis of the lithium-ion accumulator market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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