Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Malaysia - 2023
Contents:
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia (CIF) - 2023
- Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia (FOB) - 2022
- Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia
- Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia
Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia (CIF) - 2023
The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $1.8 per unit in October 2023, jumping by 107% against the previous month. Over the period under review, the import price enjoyed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Hong Kong SAR ($6.9 per unit), while the price for Taiwan (Chinese) ($557 per thousand units) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+8.3%), 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 Malaysia (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 $5.4 per unit, rising by 16% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 an increase of 39%. As a result, the export price attained the peak level of $34 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21 per unit), while the average price for exports to Sweden ($1.2 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia
In 2022, overseas purchases of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s increased by 217% to 60M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a significant expansion. 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-metal hydride, including separators, whether or not rectangular (including square)s soared to $93M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 23.6 | 12.1 | 15.2 | 77.7 | 48.8% |
China | 5.2 | 11.0 | 4.2 | 8.7 | 18.7% |
Japan | 0.8 | 2.4 | 4.3 | 3.2 | 58.7% |
Hong Kong SAR | 6.7 | 4.3 | 2.8 | 2.9 | -24.4% |
South Korea | 13.0 | 4.7 | N/A | N/A | -63.8% |
Others | 0.8 | 0.5 | 0.3 | 0.3 | -27.9% |
Total | 50.0 | 35.0 | 26.8 | 92.8 | 22.9% |
Top Suppliers of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) to Malaysia in 2022:
- Taiwan (Chinese) (38.7M units)
- China (16.7M units)
- Japan (3.9M units)
- Hong Kong SAR (0.9M units)
Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia
For the fourth consecutive year, Malaysia recorded growth in overseas shipments of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s, which increased by 11% to 3.2M units in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 477% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s surged to $17M in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 202% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.4 | 0.2 | 2.1 | 5.4 | 138.1% |
France | N/A | N/A | 1.9 | 3.2 | 68.4% |
Hong Kong SAR | N/A | 0.1 | 1.8 | 2.5 | 400.0% |
Singapore | N/A | 2.7 | 4.1 | 1.7 | -20.7% |
Japan | 0.1 | 0.2 | 0.2 | 0.5 | 71.0% |
Spain | N/A | N/A | 0.1 | 0.2 | 100.0% |
Sweden | N/A | N/A | 0.3 | 0.1 | -66.7% |
Others | 1.3 | 1.2 | 2.6 | 3.2 | 35.0% |
Total | 1.8 | 4.3 | 13.1 | 16.9 | 111.0% |
Top Export Markets for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) from Malaysia in 2022:
- France (1434.7K units)
- Singapore (803.8K units)
- Hong Kong SAR (290.0K units)
- United States (261.9K units)
- Spain (78.7K units)
- Sweden (68.5K units)
- Japan (54.3K units)
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