
Puerto Rico - Lithium cells ans batteries - Market Analysis, Forecast, Size, Trends and Insights
Puerto Rico: Lithium Battery Market 2023
Lithium Battery Exports
Exports by Country
In 2021, China (X tons), distantly followed by Indonesia (X tons), Singapore (X tons), Hong Kong SAR (X tons), Germany (X tons) and the Netherlands (X tons) were the largest exporters of lithium cells ans batteries, together making up 59% of total exports. Japan (X tons), Poland (X tons), Belgium (X tons), South Korea (X tons), France (X tons), the UK (X tons) and the United States (X tons) followed a long way behind the leaders.
China was also the fastest-growing in terms of the lithium cells ans batteries exports, with a CAGR of +29.8% from 2012 to 2021. At the same time, Poland (+29.5%), Belgium (+14.7%), the Netherlands (+10.3%), South Korea (+9.3%), Germany (+8.0%), Hong Kong SAR (+6.3%), Indonesia (+5.4%), France (+4.1%), Japan (+3.2%) and the UK (+2.1%) displayed positive paces of growth. By contrast, Singapore (-1.7%) and the United States (-8.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Poland and Belgium increased by +17, +3.3 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest lithium battery supplying countries from Puerto Rico were the United States ($X), China ($X) and Hong Kong SAR ($X), together accounting for 37% of total exports. Singapore, Indonesia, Germany, Japan, the Netherlands, France, South Korea, Belgium, Poland and the UK lagged somewhat behind, together comprising a further 47%.
Poland, with a CAGR of +26.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Lithium Battery Imports
Imports by Country
In 2021, the United States (X tons), followed by Singapore (X tons), Hong Kong SAR (X tons), Germany (X tons), Mexico (X tons) and China (X tons) were the main importers of lithium cells ans batteries, together making up 39% of total imports. The following importers - the Netherlands (X tons), Vietnam (X tons), the UK (X tons), France (X tons), Poland (X tons), Belgium (X tons) and Italy (X tons) - together made up 26% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of +59.1%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest lithium battery importing markets into Puerto Rico were the United States ($X), Hong Kong SAR ($X) and Singapore ($X), together comprising 25% of total imports. These countries were followed by Germany, China, Vietnam, Mexico, the Netherlands, the UK, Italy, Poland, Belgium and France, which together accounted for a further 40%.
Among the main importing countries, Vietnam, with a CAGR of +48.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the lithium battery market in Puerto Rico. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the lithium battery market in Asia.
This report provides an in-depth analysis of the global lithium battery market.
This report provides an in-depth analysis of the lithium battery market in the EU.
This report provides an in-depth analysis of the lithium battery market in the U.S..
This report provides an in-depth analysis of the lithium battery market in China.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET