Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Canada - 2023

Contents:

  1. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada (CIF) - 2023
  2. Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada (FOB) - 2022
  3. Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada
  4. Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada (CIF) - 2023

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $42.9 per unit in October 2023, picking up by 11% against the previous month. In general, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in January 2023 an increase of 67% month-to-month. Over the period under review, average import prices reached the maximum at $118 per unit in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($91.3 per unit), while the price for China ($9.5 per unit) was amongst the lowest.

From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $8.2 per unit, rising by 20% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 101% against the previous year. As a result, the export price reached the peak level of $17 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.1% per year.

Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada

In 2022, overseas purchases of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s increased by 52% to 4.5M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment. Imports peaked at 7.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s skyrocketed to $91M in 2022. Over the period under review, imports, however, recorded a deep setback. Imports peaked at $153M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan14449.935.478.1-18.4%
China4.64.15.57.115.6%
United States1.21.31.22.934.2%
Others3.02.62.92.8-2.3%
Total15358.045.090.9-15.9%

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

  1. Japan (3.3M units)
  2. China (0.9M units)
  3. United States (0.2M units)

Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada

In 2022, approx. 303K units of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s were exported from Canada; standing approx. at 2021 figures. In general, exports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked at 317K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s skyrocketed to $2.5M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 increased by +61.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.61.52.02.211.2%
Others0.20.10.10.314.5%
Total1.71.52.12.513.7%

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

  1. United States (294.0K units)

Source: IndexBox Market Intelligence Platform

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