Asia-Pacific: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2024

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Asia-Pacific

The Asia-Pacific nickel and lithium accumulators market rose notably to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Asia-Pacific

In value terms, nickel and lithium accumulators production shrank to $X,944.4B in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X,029.7B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Exports in Asia-Pacific

In 2022, shipments abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, nickel and lithium accumulators exports skyrocketed to $X in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the main exporter of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in Asia-Pacific, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Hong Kong SAR (X units) held the second position in the ranking, distantly followed by Singapore (X units). All these countries together took approx. X% share of total exports. The following exporters - Thailand (X units), Taiwan (Chinese) (X units) and Malaysia (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%), Malaysia (X%), Taiwan (Chinese) (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. China (X p.p.), Thailand (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest nickel and lithium accumulators supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Imports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Imports in Asia-Pacific

After six years of growth, overseas purchases of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by X% to X units in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, nickel and lithium accumulators imports surged to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Hong Kong SAR was the main importer of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in Asia-Pacific, with the volume of imports recording X units, which was near X% of total imports in 2022. Malaysia (X units) ranks second in terms of the total imports with a X% share, followed by South Korea (X%), Singapore (X%), China (X%), Vietnam (X%) and Taiwan (Chinese) (X%).

From 2012 to 2022, average annual rates of growth with regard to nickel and lithium accumulators imports into Hong Kong SAR stood at X%. At the same time, Vietnam (X%), South Korea (X%), Malaysia (X%), Singapore (X%), China (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of Malaysia (X p.p.), South Korea (X p.p.), Vietnam (X p.p.), Singapore (X p.p.) and China (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest nickel and lithium accumulators importing markets in Asia-Pacific were South Korea ($X), Vietnam ($X) and Hong Kong SAR ($X), together accounting for X% of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price posted a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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