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

Vietnam - 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 Vietnam - 2021

Contents:

  1. Price for Nickel and Lithium Accumulators in Vietnam (CIF) - 2021
  2. Price for Nickel and Lithium Accumulators in Vietnam (FOB) - 2021
  3. Imports of Nickel and Lithium Accumulators in Vietnam
  4. Exports of Nickel and Lithium Accumulators in Vietnam

Price for Nickel and Lithium Accumulators in Vietnam (CIF) - 2021

In December 2021, the average nickel and lithium accumulators import price amounted to $12.1 per unit, stabilizing at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2021 an increase of 0.9% month-to-month. Over the period under review, average import prices attained the maximum at $13.0 per unit in December 2020; however, from January 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Malaysia ($12.4 per unit) and China ($12.1 per unit), while the price for Germany ($12.0 per unit) and Hong Kong SAR ($12.0 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Nickel and Lithium Accumulators in Vietnam (FOB) - 2021

The average nickel and lithium accumulators export price stood at $11.5 per unit in December 2021, remaining stable against the previous month. In general, the export price, however, showed a slight shrinkage. The export price peaked at $13.4 per unit in December 2020; however, from January 2021 to December 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In December 2021, the countries with the highest prices were Romania ($11.5 per unit) and India ($11.5 per unit), while the average price for exports to the UK ($11.5 per unit) and China ($11.5 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (0.0%), while the prices for the other major destinations experienced a decline.

Imports of Nickel and Lithium Accumulators in Vietnam

In 2022, supplies from abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -6.5% to 850M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 64%. Over the period under review, imports hit record highs at 908M units in 2021, and then declined in the following year.

In value terms, nickel and lithium accumulators imports contracted slightly to $3.8B in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of $3.8B, leveling off in the following year.

Import of Nickel and Lithium Accumulators in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0001,3332,8202,84041.6%
South Korea436320388422-1.1%
Hong Kong SAR51.810710917449.8%
Germany25.910894.370.739.8%
Singapore13.726.916.29.5-11.5%
Others14132335224219.7%
Total1,6682,2183,7793,75831.1%

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

  1. China (290.8M units)
  2. Hong Kong SAR (49.7M units)
  3. Germany (12.3M units)
  4. South Korea (9.1M units)
  5. Singapore (1.8M units)

Exports of Nickel and Lithium Accumulators in Vietnam

In 2022, nickel and lithium accumulators exports from Vietnam soared to 136M units, rising by 61% compared with the previous year. Over the period under review, exports recorded a resilient increase. 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 soared to $1.2B in 2022. Overall, exports enjoyed a prominent expansion. 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States86.663.113429049.6%
China178132154110-14.8%
Romania39.851.245.710939.9%
Japan26.811.727.179.543.7%
South Korea24.323.146.956.732.6%
Australia1.01.61.649.5267.2%
Brazil57.041.656.847.6-5.8%
Ireland0.10.1N/A42.8653.6%
India13549.254.023.5-44.2%
Netherlands16.214.59.712.4-8.5%
Hong Kong SAR3.427.13.31.9-17.6%
Others14714419539138.6%
Total7155597281,21319.3%

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

  1. Brazil (43.8M units)
  2. China (43.2M units)
  3. United States (42.6M units)
  4. Australia (36.4M units)
  5. Romania (31.8M units)
  6. India (27.7M units)
  7. South Korea (19.9M units)
  8. Japan (18.0M units)
  9. Ireland (15.0M units)
  10. Netherlands (6.2M units)
  11. Hong Kong SAR (0.8M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nickel and lithium accumulators in Vietnam. 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:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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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