Italy - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly Imports $446M Worth of Accumulators in June 2023.
Italy Accumulator Imports
In June 2023, purchases abroad of electric accumulators increased by 0.9% to 55M units, rising for the third month in a row after two months of decline. Overall, total imports indicated perceptible growth from June 2022 to June 2023: its volume increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, imports increased by +37.7% against March 2023 indices. The pace of growth appeared the most rapid in May 2023 when imports increased by 29% against the previous month. Imports peaked at 63M units in September 2022; however, from October 2022 to June 2023, imports remained at a lower figure.
In value terms, accumulator imports amounted to $446M (IndexBox estimates) in June 2023. Over the period under review, total imports indicated noticeable growth from June 2022 to June 2023: its value increased at an average monthly rate of +3.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, imports increased by +42.2% against March 2023 indices. The most prominent rate of growth was recorded in August 2022 when imports increased by 37% month-to-month. Imports peaked in June 2023. 
| COUNTRY | Import Value of Accumulator in Italy (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| Hungary | 8.2 | 57.2 | 82.6 | 71.1 | 55.5 | 29.8 | 13.9 | 80.1 | 101 | 28.5 | 77.9 | 116 | 151 |
| China | 94.1 | 104 | 112 | 96.7 | 77.8 | 84.2 | 66.1 | 89.4 | 101 | 107 | 91.8 | 142 | 101 |
| Germany | 59.1 | 43.3 | 46.7 | 71.3 | 67.0 | 60.9 | 68.1 | 60.5 | 57.8 | 65.5 | 38.0 | 58.6 | 48.6 |
| Netherlands | 23.6 | 11.9 | 14.9 | 16.0 | 8.3 | 9.5 | 25.9 | 26.0 | 14.6 | 7.3 | 8.7 | 10.2 | 16.8 |
| Spain | 7.9 | 8.1 | 8.5 | 12.0 | 10.8 | 21.4 | 15.4 | 18.1 | 16.3 | 18.1 | 9.8 | 15.3 | 7.6 |
| Belgium | 1.2 | 0.8 | 1.0 | 1.3 | 1.1 | 1.3 | 1.3 | 1.2 | 1.1 | 1.4 | 1.6 | 1.7 | 6.5 |
| South Korea | 11.6 | 5.6 | 10.8 | 21.8 | 8.9 | 7.2 | 6.5 | 8.5 | 9.5 | 11.8 | 11.7 | 14.6 | 6.0 |
| Others | 80.6 | 54.7 | 114 | 74.9 | 64.8 | 58.4 | 82.8 | 60.0 | 113 | 74.2 | 91.9 | 85.3 | 109 |
| Total | 286 | 285 | 390 | 365 | 294 | 273 | 280 | 344 | 414 | 314 | 331 | 444 | 446 |
Imports by Country
Hungary (20M units), China (17M units) and Germany (6.8M units) were the main suppliers of accumulator imports to Italy, together accounting for 79% of total imports.
From June 2022 to June 2023, the biggest increases were in Hungary (with a CAGR of +31.3%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest accumulator suppliers to Italy were Hungary ($151M), China ($101M) and Germany ($49M), with a combined 67% share of total imports.
Hungary, with a CAGR of +27.4%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In June 2023, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators (52M units) was the main type of accumulator supplied to Italy, with a 95% share of total imports. It was followed by lead-acid accumulators (excluding starter batteries) (1.7M units), with a 3.2% share of total imports.
From June 2022 to June 2023, the average monthly growth rate of the volume of import of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators totaled +3.3%. With regard to the other supplied products, the following average monthly rates of growth were recorded: lead-acid accumulators (excluding starter batteries) (+0.4% per month) and lead-acid accumulators for starting piston engines (-0.2% per month).
In value terms, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators ($374M) constituted the largest type of accumulator supplied to Italy, comprising 84% of total imports. The second position in the ranking was held by lead-acid accumulators (excluding starter batteries) ($40M), with a 9% share of total imports.
Import Prices by Country
In June 2023, the accumulator price stood at $8.1 per unit (CIF, Italy), approximately equating the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 27% month-to-month. As a result, import price attained the peak level of $8,800 per thousand units. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($34.6 per unit), while the price for Belgium ($2.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the accumulator market in Italy. 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202210 -
- Prodcom 27202250 -
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
