Malta: Accumulator Market 2020

Accumulator Market Size in Malta

The revenue of the accumulator market in Malta amounted to $X in 2018, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, accumulator consumption continues to indicate a significant shrinkage. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. In that year, the accumulator market attained its peak level of $X. From 2009 to 2018, the growth of the accumulator market remained at a lower figure.

Accumulator Exports

Exports from Malta

In 2018, the accumulator exports from Malta totaled X tons, therefore, remained relatively stable against the previous year. Overall, accumulator exports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. Malta exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, accumulator exports amounted to $X in 2018. In general, accumulator exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, accumulator exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China represented the main exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Vietnam (X tons), mixing up an X% share of total exports. The following exporters - Japan (X tons), Germany (X tons) and South Korea (X tons) - each resulted at a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to accumulator exports from China stood at -X%. At the same time, Vietnam (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, South Korea (-X%) and Japan (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.) significantly strengthened its position in terms of the global exports, while South Korea, China and Japan saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest accumulator supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, accumulator exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Germany (+X% per year).

Export Prices by Country

The accumulator export price in Malta stood at $X per kg in 2018, declining by -X% against the previous year. Overall, the accumulator export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Malta export price peaked at $X per kg in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per kg), while Vietnam ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Accumulator Imports

Imports into Malta

In 2018, the accumulator imports into Malta stood at X tons, coming down by -X% against the previous year. Over the period under review, accumulator imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, accumulator imports reached their peak of X tons. From 2009 to 2018, the growth of accumulator imports remained at a somewhat lower figure.

In value terms, accumulator imports amounted to $X in 2018. In general, accumulator imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Malta imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

China prevails in accumulator imports structure, amounting to X tons, which was near X% of total imports in 2018. The following importers - India (X tons) and the U.S. (X tons) - each reached a X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to accumulator imports into China stood at +X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest accumulator importing markets into Malta were China ($X), the U.S. ($X) and India ($X), together accounting for X% of total imports.

China experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The accumulator import price in Malta stood at $X per kg in 2018, falling by -X% against the previous year. Overall, the accumulator import price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. Malta import price peaked at $X per kg in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per kg), while China ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform