China - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights

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Price for Nickel and Lithium Accumulators in China - 2023

Contents:

  1. Price for Nickel and Lithium Accumulators in China (FOB) - 2023
  2. Price for Nickel and Lithium Accumulators in China (CIF) - 2023
  3. Exports of Nickel and Lithium Accumulators in China
  4. Imports of Nickel and Lithium Accumulators in China

Price for Nickel and Lithium Accumulators in China (FOB) - 2023

The average nickel and lithium accumulators export price stood at $16.5 per unit in September 2023, growing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in November 2022 an increase of 21% m-o-m. Over the period under review, the average export prices attained the peak figure at $17.8 per unit in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($73.7 per unit), while the average price for exports to the Philippines ($2.1 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel and Lithium Accumulators in China (CIF) - 2023

In September 2023, the average nickel and lithium accumulators import price amounted to $2.8 per unit, standing approximately at the previous month. In general, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in April 2023 when the average import price increased by 26% against the previous month. As a result, import price reached the peak level of $4.0 per unit. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($8.0 per unit), while the price for Indonesia ($419 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel and Lithium Accumulators in China

In 2022, nickel and lithium accumulators exports from China soared to 5B units, growing by 27% against the year before. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nickel and lithium accumulators exports skyrocketed to $51.6B in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Nickel and Lithium Accumulators in China (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.92.65.010.275.1%
Germany1.31.53.57.881.7%
South Korea1.01.43.05.374.4%
Netherlands0.50.51.23.489.5%
Vietnam1.01.52.52.840.9%
India0.80.81.11.831.0%
Hong Kong SAR2.42.02.41.8-9.1%
United Kingdom0.20.20.41.491.3%
Poland0.30.50.51.363.0%
Taiwan (Chinese)0.30.30.50.626.0%
HungaryN/AN/A0.20.6200.0%
Mexico0.10.10.30.571.0%
Malaysia0.10.10.20.458.7%
Others3.64.88.013.655.7%
Total13.516.528.851.656.4%

Top Export Markets for Nickel and Lithium Accumulators from China in 2022:

  1. Vietnam (727.0M units)
  2. United States (701.9M units)
  3. Hong Kong SAR (557.8M units)
  4. India (551.8M units)
  5. South Korea (354.1M units)
  6. Poland (302.5M units)
  7. Germany (261.4M units)
  8. Hungary (208.9M units)
  9. Malaysia (129.8M units)
  10. Mexico (128.5M units)
  11. Netherlands (114.1M units)
  12. United Kingdom (92.6M units)
  13. Taiwan (Chinese) (78.5M units)

Imports of Nickel and Lithium Accumulators in China

In 2022, purchases abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -34.7% to 1B units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Imports peaked at 1.5B units in 2021, and then declined markedly in the following year.

In value terms, nickel and lithium accumulators imports contracted significantly to $3.3B in 2022. The total import value increased at an average annual rate of +2.4% 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 2020 when imports increased by 22%. Over the period under review, imports reached the maximum at $4.1B in 2021, and then declined remarkably in the following year.

Import of Nickel and Lithium Accumulators in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia56261558175610.4%
Japan5586799946143.2%
Singapore27126446244117.6%
South Korea8991,078776395-24.0%
Germany352462500163-22.6%
Vietnam202209228128-14.1%
Taiwan (Chinese)36.754.991.864.720.8%
Hong Kong SAR14.439.711.80.3-72.5%
Others14031642069970.9%
Total3,0353,7174,0643,2602.4%

Top Suppliers of Nickel and Lithium Accumulators to China in 2022:

  1. Germany (261.2M units)
  2. Japan (201.3M units)
  3. Taiwan (Chinese) (131.5M units)
  4. Vietnam (130.7M units)
  5. Singapore (123.5M units)
  6. Malaysia (63.4M units)
  7. South Korea (60.5M units)
  8. Hong Kong SAR (1.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nickel and lithium accumulators in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
  • Prodcom 27202310 -
  • Prodcom 27202320 -
  • Prodcom 27202330 -
  • Prodcom 27202340 -
  • Prodcom 27202350 -
  • Prodcom 27202395 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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