Price for Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square) in South Korea - 2022

Contents:

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

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

The average import price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $102 per unit in 2022, with an increase of 70% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($846 per unit), while the price for France ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s amounted to $219 per unit, picking up by 81% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2013 an increase of 111%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($205 per unit), while the average price for exports to Thailand ($37 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 Taiwan (Chinese) (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s decreased by -43.4% to 179K units in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 316K units, and then declined sharply in the following year.

In value terms, imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s dropped modestly to $18M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $19M, and then dropped modestly in the following year.

Import of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.32.45.36.974.4%
China5.84.95.85.80.0%
France3.03.24.02.3-8.5%
Sweden0.91.70.61.313.0%
GreeceN/A0.10.70.8182.8%
United KingdomN/A0.1N/A0.4100.0%
Others1.82.32.30.8-23.7%
Total12.814.718.918.212.4%

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

  1. France (115.1K units)
  2. China (27.5K units)
  3. Sweden (12.2K units)
  4. United States (8.1K units)
  5. United Kingdom (7.2K units)
  6. Greece (3.8K units)

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

In 2022, shipments abroad of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s decreased by -0.8% to 15K units, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 85%. As a result, the exports reached the peak of 20K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s surged to $3.3M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)15.5129106765266.8%
United States26.874.323.9563175.9%
Philippines23.411.645.4429163.7%
Bangladesh16810363.725715.2%
Japan3.210154.5108223.2%
Thailand10.722.830.789.6103.1%
Singapore1095.748.356.6-19.6%
Egypt4.62.422724.975.6%
Myanmar2186541920.1-92.3%
Yemen2.84.12.2N/A-11.4%
Australia6379.9310N/A-30.2%
Others8061,4807291,0007.5%
Total2,0262,5981,8343,29217.6%

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

  1. Taiwan (Chinese) (3.8K units)
  2. United States (3.2K units)
  3. Thailand (2.4K units)
  4. Philippines (2.1K units)
  5. Bangladesh (1.3K units)
  6. Japan (0.5K units)
  7. Egypt (0.4K units)
  8. Singapore (0.1K units)

Source: IndexBox Market Intelligence Platform

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