Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Venezuela - 2022

Contents:

  1. Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Venezuela (CIF) - 2022
  2. Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Venezuela

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

The average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $23 per unit in 2022, dropping by -2.2% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $116 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($23 per unit), while the price for Panama ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (-4.9%), while the prices for the other major suppliers experienced a decline.

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

Imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s into Venezuela soared to 11K units in 2022, picking up by 26% on 2021 figures. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 437%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s expanded significantly to $248K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 258%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.015417118888.7%
United States22.531.438.947.828.6%
Panama2.54.77.612.470.5%
OthersN/AN/AN/AN/A0%
Total53.019021724867.3%

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

  1. China (8.3K units)
  2. United States (2.1K units)
  3. Panama (0.6K units)

Source: IndexBox Market Intelligence Platform

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