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

Contents:

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

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

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $6.8 per unit in October 2023, jumping by 84% against the previous month. In general, the import price posted a prominent expansion. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 198% against the previous month. Over the period under review, average import prices attained the peak figure in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($29.3 per unit), while the price for the Netherlands ($2.9 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Denmark (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 $12 per unit, growing by 3.7% against the previous year. In general, the export price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 90% against the previous year. The export price peaked at $14 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($35 per unit), while the average price for exports to Poland ($3.5 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 the Netherlands (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into Denmark contracted significantly to 2.2M units, waning by -18.1% compared with 2021 figures. Over the period under review, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 2.7M units, and then dropped significantly in the following year.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s fell significantly to $7.3M in 2022. In general, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.2% 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 +19.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $9.3M, and then dropped sharply in the following year.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.52.84.33.50.0%
China1.21.11.71.916.6%
Sweden0.40.40.90.614.5%
Belgium1.11.00.90.5-23.1%
Others1.00.91.50.9-3.5%
Total7.06.19.37.31.4%

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

  1. Germany (1106.7K units)
  2. China (657.4K units)
  3. Sweden (301.2K units)
  4. Belgium (46.9K units)

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

In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s exported from Denmark shrank to 387K units, declining by -9.9% against 2021 figures. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 1.5% against the previous year. The exports peaked at 847K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s declined to $4.6M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $4.9M, and then declined in the following year.

Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden7358271,3748946.7%
France68.0105231735121.1%
Czech Republic5736519406273.0%
United States12.1129287222163.7%
Finland2071311462171.6%
Germany494380229186-27.8%
Norway1531691961693.4%
Netherlands1,267581528163-49.5%
Belgium64.210753.010618.2%
Switzerland37.823.910687.032.0%
United Kingdom18431912483.0-23.3%
Ireland10.328.831.975.394.1%
Poland81.051.252.560.8-9.1%
Others7709096089577.5%
Total4,6564,4114,9054,582-0.5%

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

  1. Finland (49.6K units)
  2. Sweden (40.9K units)
  3. Czech Republic (40.5K units)
  4. Germany (36.8K units)
  5. Norway (36.3K units)
  6. France (20.8K units)
  7. United States (18.8K units)
  8. Belgium (18.6K units)
  9. Poland (17.2K units)
  10. Switzerland (16.2K units)
  11. United Kingdom (14.6K units)
  12. Ireland (12.0K units)
  13. Netherlands (9.6K units)

Source: IndexBox Market Intelligence Platform

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