Price for Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square) in India - 2023

Contents:

1. Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India (FOB) - 2022
2. Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India (CIF) - 2022
3. Exports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India
4. Imports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India

Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India (FOB) - 2022

In 2022, the average export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s amounted to $883 per unit, rising by 33% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s increased by +66.1% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $1,111 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($3,603 per unit), while the average price for exports to Brazil ($98 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 Nigeria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India (CIF) - 2022

In 2022, the average import price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s amounted to $8.5 per unit, declining by -60.9% against the previous year. Over the period under review, the import price recorded a deep reduction. The growth pace was the most rapid in 2021 when the average import price increased by 166%. As a result, import price reached the peak level of $22 per unit, and then contracted significantly in the following year.

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 China ($268 per unit), while the price for Singapore ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India

In 2022, exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s from India declined significantly to 23K units, with a decrease of -22.5% against the previous year's figure. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 4%. As a result, the exports attained the peak of 30K units, and then declined sharply in the following year.

In value terms, exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s rose modestly to $20M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) from India in 2022:

1. United States (5.4K units)
2. Mexico (3.9K units)
3. Oman (1.5K units)
4. Malaysia (1.4K units)
5. Spain (1.4K units)
6. Brazil (1.3K units)
7. Saudi Arabia (0.8K units)
8. United Arab Emirates (0.8K units)
9. Kuwait (0.8K units)
10. Indonesia (0.7K units)
11. Qatar (0.6K units)
12. United Kingdom (0.6K units)
13. Nigeria (0.6K units)

Imports of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in India

In 2022, purchases abroad of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s increased by 81% to 518K units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, 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, imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s fell markedly to $4.4M in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 107% against the previous year. As a result, imports attained the peak of $6.2M, and then declined markedly in the following year.

Top Suppliers of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) to India in 2022:

1. Singapore (320.6K units)
2. United States (168.4K units)
3. Hong Kong SAR (14.9K units)

Source: IndexBox Market Intelligence Platform