Latvia - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Nickel and Lithium Accumulators in Latvia - 2023
Contents:
- Price for Nickel and Lithium Accumulators in Latvia (CIF) - 2023
- Price for Nickel and Lithium Accumulators in Latvia (FOB) - 2023
- Imports of Nickel and Lithium Accumulators in Latvia
- Exports of Nickel and Lithium Accumulators in Latvia
Price for Nickel and Lithium Accumulators in Latvia (CIF) - 2023
In September 2023, the average nickel and lithium accumulators import price amounted to $74.8 per unit, rising by 5% against the previous month. Overall, import price indicated moderate growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, nickel and lithium accumulators import price decreased by -11.7% against July 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 51% m-o-m. As a result, import price attained the peak level of $84.7 per unit. From August 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($121 per unit), while the price for Lithuania ($46.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel and Lithium Accumulators in Latvia (FOB) - 2023
In September 2023, the average nickel and lithium accumulators export price amounted to $66.8 per unit, increasing by 22% against the previous month. In general, the export price showed a mild expansion. The most prominent rate of growth was recorded in August 2023 an increase of 105% month-to-month. The export price peaked at $103 per unit in October 2022; however, from November 2022 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 Czech Republic ($444 per unit), while the average price for exports to Estonia ($24.5 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 the Czech Republic (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel and Lithium Accumulators in Latvia
In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported into Latvia soared to 862K units, increasing by 79% against the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel and lithium accumulators imports skyrocketed to $33M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nickel and Lithium Accumulators in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.9 | 4.3 | 6.1 | 13.4 | 91.8% |
Czech Republic | 0.4 | 0.3 | 0.4 | 8.8 | 180.2% |
China | 0.8 | 0.9 | 0.9 | 1.9 | 33.4% |
Lithuania | 0.9 | 0.8 | 1.1 | 1.7 | 23.6% |
Netherlands | 1.8 | 1.6 | 0.5 | 1.6 | -3.9% |
Estonia | 0.5 | 0.7 | 1.0 | 1.4 | 40.9% |
Poland | 0.3 | 0.5 | 0.6 | 1.3 | 63.0% |
Others | 1.7 | 2.1 | 2.1 | 3.1 | 22.2% |
Total | 8.3 | 11.3 | 12.8 | 33.1 | 58.6% |
Top Suppliers of Nickel and Lithium Accumulators to Latvia in 2022:
- Czech Republic (219.2K units)
- Germany (212.6K units)
- Poland (102.2K units)
- China (87.5K units)
- Netherlands (70.8K units)
- Estonia (63.1K units)
- Lithuania (37.0K units)
Exports of Nickel and Lithium Accumulators in Latvia
In 2022, overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 260% to 1.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel and lithium accumulators exports surged to $20M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Nickel and Lithium Accumulators in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 2,234 | 1,901 | 2,062 | 6,429 | 42.2% |
Poland | 30.1 | 128 | 108 | 4,576 | 433.7% |
Ukraine | 93.6 | 42.9 | 180 | 3,895 | 246.5% |
Estonia | 516 | 491 | 493 | 1,725 | 49.5% |
Germany | 129 | 208 | 98.1 | 511 | 58.2% |
Italy | N/A | 0.4 | 3.0 | 259 | 2444.6% |
Russia | 164 | 717 | 448 | 248 | 14.8% |
Netherlands | 182 | 157 | 133 | 168 | -2.6% |
Belarus | 282 | 55.1 | 63.8 | 9.7 | -67.5% |
Others | 166 | 350 | 302 | 2,236 | 137.9% |
Total | 3,795 | 4,050 | 3,890 | 20,058 | 74.2% |
Top Export Markets for Nickel and Lithium Accumulators from Latvia in 2022:
- Poland (336.7K units)
- Lithuania (298.3K units)
- Ukraine (248.9K units)
- Estonia (179.6K units)
- Russia (77.0K units)
- Germany (59.5K units)
- Italy (31.5K units)
- Netherlands (18.5K units)
- Belarus (1.2K units)
This report provides an in-depth analysis of the market for nickel and lithium accumulators in Latvia. 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:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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