Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in South Korea - 2022

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $6.5 per unit, surging by 19% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21%. The import price peaked at $9.1 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($6.4 per unit) and China ($6.4 per unit), while the price for Malaysia ($6.4 per unit) and Germany ($6.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), 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 South Korea (FOB) - 2022

The average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $26 per unit in 2022, jumping by 101% against the previous year. Over the period under review, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($57 per unit), while the average price for exports to Slovakia ($6.8 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 Australia (+19.5%), 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 South Korea

In 2022, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s into South Korea shrank to 1.2M units, reducing by -9.7% compared with 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of less than 0.1%. Over the period under review, imports of reached the peak figure at 1.4M 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 expanded markedly to $7.6M in 2022. In general, imports continue to indicate a pronounced slump. Over the period under review, imports of reached the peak figure at $8.7M 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 South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.04.84.04.5-9.1%
Japan1.82.02.42.410.1%
Germany0.10.30.30.344.2%
Malaysia0.30.20.20.2-12.6%
Poland0.20.20.1N/A-29.3%
Others0.30.20.20.2-12.6%
Total8.77.77.17.6-4.4%

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

  1. China (712.7K units)
  2. Japan (377.8K units)
  3. Germany (43.0K units)
  4. Malaysia (24.1K units)
  5. Poland (4.7K units)

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

In 2022, shipments abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -37% to 7.2K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year. As a result, the exports attained the peak of 39K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s soared to $184K in 2022. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 74%. As a result, the exports reached the peak of $483K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia12.673.90.155.563.9%
United States18.577.84.538.227.3%
Lithuania0.10.60.118.8472.9%
France5.730.80.713.633.6%
China6.813.40.27.53.3%
Australia1.93.60.37.356.6%
Japan1.22.10.14.656.5%
Bulgaria16256.767.0N/A-35.7%
Switzerland23.789.318.8N/A-10.9%
Others45.113554.239.1-4.6%
Total277483146184-12.7%

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

  1. Indonesia (3680.0 units)
  2. France (826.0 units)
  3. United States (714.0 units)
  4. Lithuania (667.0 units)
  5. China (438.0 units)
  6. Japan (295.0 units)
  7. Australia (129.0 units)

Source: IndexBox Market Intelligence Platform

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