Hungary - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cells and Batteries; Lithium in Hungary - 2023
Contents:
- Price for Cells and Batteries; Lithium in Hungary (CIF) - 2023
- Price for Cells and Batteries; Lithium in Hungary (FOB) - 2022
- Imports of Cells and Batteries; Lithium in Hungary
- Exports of Cells and Batteries; Lithium in Hungary
Price for Cells and Batteries; Lithium in Hungary (CIF) - 2023
In June 2023, the average cells and batteries; lithium import price amounted to $429 per thousand units, surging by 6.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 24% month-to-month. Over the period under review, average import prices reached the peak figure at $505 per thousand units in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($966 per thousand units), while the price for China ($197 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cells and Batteries; Lithium in Hungary (FOB) - 2022
In 2022, the average cells and batteries; lithium export price amounted to $0.5 per unit, growing by 3.2% against the previous year. In general, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 25%. The export price peaked at $2.1 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1.5 per unit), while the average price for exports to Bulgaria ($0.1 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 Poland (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Cells and Batteries; Lithium in Hungary
In 2022, the amount of cells and batteries; lithia imported into Hungary dropped to 23M units, waning by -5.3% compared with 2021 figures. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 0.1% against the previous year. Over the period under review, imports attained the peak figure at 33M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cells and batteries; lithium imports contracted to $18M in 2022. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 8.1%. Over the period under review, imports hit record highs at $29M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Cells and Batteries; Lithium in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.6 | 13.1 | 15.8 | 11.0 | -20.1% |
| China | 2.3 | 1.6 | 0.9 | 1.6 | -11.4% |
| Poland | 0.6 | 0.9 | 1.0 | 1.5 | 35.7% |
| South Korea | N/A | 0.1 | 0.4 | 1.3 | 260.6% |
| Netherlands | 0.9 | 1.0 | 0.9 | 1.0 | 3.6% |
| Slovakia | 0.1 | 0.3 | 0.6 | 0.8 | 100.0% |
| Czech Republic | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Hong Kong SAR | 0.9 | 0.4 | 0.4 | 0.1 | -51.9% |
| Japan | 1.4 | 1.0 | N/A | N/A | -28.6% |
| Others | 1.3 | 1.2 | 1.2 | 1.0 | -8.4% |
| Total | 29.4 | 19.8 | 21.4 | 18.3 | -14.6% |
Top Suppliers of Cells and Batteries; Lithium to Hungary in 2022:
- Japan (undefinedM units)
- Germany (12.2M units)
- China (4.2M units)
- Poland (2.0M units)
- Netherlands (1.8M units)
- South Korea (1.0M units)
- Slovakia (0.8M units)
- Czech Republic (0.5M units)
- Hong Kong SAR (0.1M units)
Exports of Cells and Batteries; Lithium in Hungary
In 2022, overseas shipments of cells and batteries; lithia decreased by -1.6% to 5.5M units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of 6.5M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cells and batteries; lithium exports totaled $2.8M in 2022. Overall, exports recorded a significant curtailment. Over the period under review, the exports hit record highs at $6.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Cells and Batteries; Lithium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,721 | 1,746 | 456 | 546 | -47.3% |
| Poland | 211 | 330 | 283 | 316 | 14.4% |
| Netherlands | 55.8 | 109 | 256 | 261 | 67.2% |
| United Kingdom | 328 | 153 | 129 | 238 | -10.1% |
| Romania | 63.0 | 94.4 | 205 | 227 | 53.3% |
| Slovenia | 96.0 | 134 | 235 | 175 | 22.2% |
| Czech Republic | 74.9 | 118 | 146 | 121 | 17.3% |
| Serbia | 48.0 | 71.1 | 102 | 118 | 35.0% |
| Croatia | 35.9 | 47.5 | 62.9 | 85.6 | 33.6% |
| Italy | 34.5 | 19.3 | 37.7 | 73.9 | 28.9% |
| Bulgaria | 45.2 | 50.8 | 77.9 | 72.7 | 17.2% |
| Slovakia | 45.4 | 1,102 | 71.9 | 67.3 | 14.0% |
| France | 464 | 24.8 | 63.7 | 42.2 | -55.0% |
| Others | 1,192 | 920 | 637 | 459 | -27.2% |
| Total | 6,415 | 4,919 | 2,762 | 2,804 | -24.1% |
Top Export Markets for Cells and Batteries; Lithium from Hungary in 2022:
- Croatia (764.5K units)
- Bulgaria (697.9K units)
- Romania (542.9K units)
- Slovenia (452.2K units)
- Poland (437.6K units)
- Germany (371.8K units)
- Czech Republic (339.9K units)
- United Kingdom (318.9K units)
- Italy (274.7K units)
- Netherlands (273.6K units)
- Serbia (201.0K units)
- Slovakia (183.3K units)
- France (43.7K units)
This report provides an in-depth analysis of the lithium battery market in Hungary. 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 27201150 -
- Prodcom 27201155 -
- Prodcom 27201160 -
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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