Northern America: Lithium-Ion Accumulator Market 2023

Lithium-Ion Accumulator Exports

Exports in Northern America

Lithium-ion accumulator exports was estimated at X units in 2021, picking up by 1.6% against 2020. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by +0.6% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 56% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, lithium-ion accumulator exports fell to $X in 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of 154% against the previous year. The level of export peaked at $X in 2020, and then contracted modestly in the following year.

Exports by Country

The United States represented the major exporter of lithium-ion accumulators in Northern America, with the volume of exports finishing at X units, which was approx. 86% of total exports in 2021. It was distantly followed by Canada (X units), committing a 14% share of total exports.

The United States was also the fastest-growing in terms of the lithium-ion accumulators exports, with a CAGR of +17.5% from 2012 to 2021. Canada (-6.2%) illustrated a downward trend over the same period. While the share of the United States (+42 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-41.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest lithium-ion accumulator supplier in Northern America, comprising 96% of total exports. The second position in the ranking was taken by Canada ($X), with a 4.2% share of total exports.

In the United States, lithium-ion accumulator exports expanded at an average annual rate of +23.4% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, which is down by -4% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 63% against the previous year. The level of export peaked at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+14.1%).

Lithium-Ion Accumulator Imports

Imports in Northern America

In 2021, overseas purchases of lithium-ion accumulators increased by 102% to X units, rising for the fifth consecutive year after two years of decline. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium-ion accumulator imports surged to $X in 2021. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, accounting for X units, which was near 96% of total imports in 2021. Canada (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to lithium-ion accumulator imports into the United States stood at +14.9%. At the same time, Canada (+17.3%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +17.3% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported lithium-ion accumulators in Northern America, comprising 93% of total imports. The second position in the ranking was held by Canada ($X), with a 6.8% share of total imports.

In the United States, lithium-ion accumulator imports increased at an average annual rate of +22.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, declining by -16.4% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2016 when the import price increased by 48% against the previous year. The level of import peaked at $X per unit in 2020, and then plummeted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+13.4%).

Source: IndexBox Platform

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