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

Contents:

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

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

In October 2023, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $5.4 per unit, declining by -33.1% against the previous month. Over the period under review, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 62% m-o-m. The import price peaked at $15.5 per unit in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to +7.8% per month.

Price for Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Sweden (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 $1.6 per unit, which is down by -12.9% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -0.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $8.5 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($9.1 per unit), while the average price for exports to Italy ($0.3 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 Spain (+13.0%), 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 Sweden

For the fourth consecutive year, Sweden recorded growth in purchases abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s, which increased by 50% to 18M units in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached 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 skyrocketed to $42M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.08.610.915.419.6%
IrelandN/AN/A7.411.960.8%
Germany2.82.62.44.113.6%
SpainN/AN/AN/A1.80%
Belgium0.50.60.60.1-41.5%
Others2.74.88.78.345.4%
Total15.116.629.941.640.2%

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

  1. China (13.3M units)
  2. Germany (3.1M units)
  3. Ireland (0.6M units)
  4. Spain (0.3M units)

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

In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s exported from Sweden surged to 15M units, increasing by 29% compared with the year before. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 42%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s reached $24M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.74.54.44.5-1.4%
Italy1.71.92.52.919.5%
Czech Republic1.11.93.72.938.1%
Spain0.10.10.82.2180.2%
Norway1.21.22.12.120.5%
Denmark0.60.60.70.810.1%
Hungary0.70.70.80.70.0%
Finland0.50.40.60.4-7.2%
Others3.94.55.57.021.5%
Total14.615.921.023.617.4%

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

  1. Italy (10.1M units)
  2. Denmark (1.6M units)
  3. Spain (0.7M units)
  4. Norway (0.6M units)
  5. Czech Republic (0.3M units)
  6. Finland (0.2M units)
  7. Hungary (0.2M units)
  8. Poland (0.1M units)

Source: IndexBox Market Intelligence Platform

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