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

Contents:

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

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

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $22 per unit in 2022, falling by -27.3% against the previous year. Overall, the import price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 560% against the previous year. Over the period under review, average import prices hit record highs at $31 per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($29 per unit), while the price for the Netherlands ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.8%), 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 the Czech Republic (FOB) - 2023

The average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $4.8 per unit in October 2023, with a decrease of -23% against the previous month. In general, export price indicated a mild expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s decreased by -41.8% against March 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 42% against the previous month. Over the period under review, the average export prices attained the peak figure at $8.3 per unit in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Romania ($19.1 per unit), while the average price for exports to Slovakia ($1.9 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+1.0%), 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 the Czech Republic

In 2022, supplies from abroad of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s increased by 8.8% to 12M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep reduction. Over the period under review, imports of attained the maximum at 16M 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 declined significantly to $268M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 501%. Imports peaked at $338M in 2021, and then plummeted in the following year.

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

1. Germany (8.4M units)
2. Netherlands (2.8M units)
3. Hungary (0.3M units)
4. Denmark (0.2M units)
5. China (0.1M units)

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

In 2022, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s from the Czech Republic totaled 1.5M units, picking up by 1.9% compared with 2021. The total export volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s shrank rapidly to $6.1M in 2022. Overall, exports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of $7.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Germany (709.4K units)
2. Slovakia (281.5K units)
3. Austria (133.6K units)
4. Hungary (98.8K units)
5. Poland (90.5K units)

Source: IndexBox Market Intelligence Platform