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

Contents:

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

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

In November 2023, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $6.1 per unit, reducing by -12.2% against the previous month. Over the period under review, the import price, however, showed a remarkable increase. The growth pace was the most rapid in March 2023 an increase of 116% against the previous month. Over the period under review, average import prices reached the peak figure at $9.4 per unit in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($7.3 per unit), while the price for China amounted to $5.8 per unit.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+9.0%).

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Serbia (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 $5.9 per unit, surging by 4.4% against the previous year. Overall, the export price, however, faced a abrupt setback. The growth pace was the most rapid in 2017 when the average export price increased by 120% against the previous year. As a result, the export price attained the peak level of $22 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($14 per unit), while the average price for exports to Kazakhstan ($0.4 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 Bulgaria (+263.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -21.3% to 250K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of 318K units, and then declined rapidly in the following year.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s shrank markedly to $982K in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $1.2M, and then reduced rapidly in the following year.

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

1. China (164.0K units)
2. Germany (51.0K units)
3. Japan (21.7K units)
4. United Kingdom (4.9K units)

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

Exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s from Serbia dropped rapidly to 3.2K units in 2022, waning by -53.1% on the previous year. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 26%. As a result, the exports reached the peak of 6.7K units, and then contracted notably in the following year.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s contracted markedly to $19K in 2022. Overall, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. The exports peaked at $46K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Kazakhstan (960.0 units)
2. Albania (700.0 units)
3. North Macedonia (606.0 units)
4. Montenegro (479.0 units)
5. Bosnia and Herzegovina (364.0 units)

Source: IndexBox Market Intelligence Platform