Philippines - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLithium-Ion Accumulator Price in the Philippines - 2023
Contents:
- Lithium-Ion Accumulator Price in the Philippines (CIF) - 2022
- Lithium-Ion Accumulator Price in the Philippines (FOB) - 2022
- Lithium-Ion Accumulator Imports in the Philippines
- Lithium-Ion Accumulator Exports in the Philippines
Lithium-Ion Accumulator Price in the Philippines (CIF) - 2022
In 2022, the average lithium-ion accumulator import price amounted to $61 per unit, with a decrease of -16.5% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 30%. As a result, import price attained the peak level of $120 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
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 Taiwan (Chinese) ($158 per unit), while the price for Hong Kong SAR ($18 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-3.0%), while the prices for the other major suppliers experienced a decline.
Lithium-Ion Accumulator Price in the Philippines (FOB) - 2022
In 2022, the average lithium-ion accumulator export price amounted to $54 per unit, picking up by 58% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 319%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain 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 France ($218 per unit), while the average price for exports to Hong Kong SAR ($8.8 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+176.9%), while the prices for the other major destinations experienced more modest paces of growth.
Lithium-Ion Accumulator Imports in the Philippines
In 2022, the amount of lithium-ion accumulators imported into the Philippines soared to 4.4M units, picking up by 37% on 2021. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 158% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, lithium-ion accumulator imports rose rapidly to $269M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 235%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Lithium-Ion Accumulator in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.1 | 71.9 | 104 | 111 | 86.5% |
Singapore | 36.0 | 34.7 | 47.8 | 67.4 | 23.2% |
South Korea | 15.4 | 119 | 49.8 | 38.1 | 35.2% |
Taiwan (Chinese) | 5.5 | 22.8 | 19.2 | 31.2 | 78.3% |
Hong Kong SAR | 3.6 | 10.9 | 5.3 | 10.9 | 44.7% |
Others | 2.1 | 7.7 | 9.7 | 10.6 | 71.5% |
Total | 79.7 | 267 | 236 | 269 | 50.0% |
Top Suppliers of Lithium-Ion Accumulator to the Philippines in 2022:
- China (2348.7K units)
- Singapore (940.8K units)
- Hong Kong SAR (602.1K units)
- South Korea (248.2K units)
- Taiwan (Chinese) (197.8K units)
Lithium-Ion Accumulator Exports in the Philippines
Lithium-ion accumulator exports from the Philippines declined dramatically to 12K units in 2022, which is down by -64.9% compared with the previous year. In general, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 135%. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lithium-ion accumulator exports declined markedly to $652K in 2022. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 885% against the previous year. Over the period under review, the exports attained the peak figure at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Lithium-Ion Accumulator in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,953 | 7.9 | 72.5 | 404 | -40.9% |
Hong Kong SAR | 45.0 | 0.9 | 11.6 | 81.7 | 22.0% |
China | 491 | 4.0 | 96.4 | 72.5 | -47.1% |
Germany | 176 | 2.8 | 27.8 | 27.6 | -46.1% |
United States | 1,706 | 14.9 | 110 | 12.8 | -80.4% |
Japan | 35.2 | 1.5 | 41.8 | 4.9 | -48.2% |
Ireland | 378 | 4.1 | N/A | N/A | -98.9% |
Austria | 4,119 | 29.5 | 297 | N/A | -73.1% |
Others | 5,731 | 53.7 | 519 | 48.6 | -79.6% |
Total | 14,634 | 119 | 1,175 | 652 | -64.5% |
Top Export Markets for Lithium-Ion Accumulator from the Philippines in 2022:
- Hong Kong SAR (9.3K units)
- France (1.9K units)
- China (0.3K units)
- Japan (0.3K units)
- United States (0.1K units)
- Germany (0.1K units)
This report provides an in-depth analysis of the lithium-ion accumulator market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
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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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