U.S. - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAccumulator Prices in the United States
U.S. Accumulator Import Price in June 2022
In June 2022, the accumulator price amounted to $24 per unit (CIF, US), with an increase of 2% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +5.5%. The pace of growth was the most pronounced in February 2022 an increase of 51% against the previous month. As a result, import price attained the peak level of $28.1K per thousand units. From March 2022 to June 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($74 per unit), while the price for Vietnam ($15 per unit) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+33.2%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Accumulator Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In August 2022, the product with the highest price was lead-acid accumulators for starting piston engines ($42 per unit), while the price for lead-acid accumulators (excluding starter batteries) ($29 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by nickel and lithium accumulators (+13.8%), while the prices for the other products experienced mixed trend patterns.
U.S. Accumulator Imports
In August 2022, purchases abroad of electric accumulators decreased by -4.1% to 43M units, falling for the third consecutive month after three months of growth. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in May 2022 with an increase of 25% against the previous month. As a result, imports reached the peak of 70M units. From June 2022 to August 2022, the growth of imports remained at a somewhat lower figure.
In value terms, accumulator imports reached $1.7B (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +5.7% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in May 2022 when imports increased by 27% month-to-month. Imports peaked in August 2022.
U.S. Accumulator Imports by Type
In August 2022, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators (34M units) constituted the largest type of accumulator supplied to the United States, with a 79% share of total imports. Moreover, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exceeded the figures recorded for the second-largest type, lead-acid accumulators (excluding starter batteries) (4.8M units), sevenfold.
From January 2022 to August 2022, 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 -6.9%. With regard to the other supplied products, the following average monthly rates of growth were recorded: lead-acid accumulators (excluding starter batteries) (+9.7% per month) and lead-acid accumulators for starting piston engines (+2.5% per month).
In value terms, nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators ($1.4B) constituted the largest type of accumulator supplied to the United States, comprising 81% of total imports. The second position in the ranking was taken by lead-acid accumulators for starting piston engines ($187M), with an 11% share of total imports.
U.S. Accumulator Imports by Country
Vietnam (3.1M units), Mexico (1.9M units) and South Korea (1.1M units) were the main suppliers of accumulator imports to the United States, together comprising 10% of total imports. China, Spain, Malaysia, Germany, Taiwan (Chinese) and Japan lagged somewhat behind, together accounting for a further 3.2%.
From January 2022 to June 2022, the biggest increases were in Spain (with a CAGR of +38.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest accumulator suppliers to the United States were Mexico ($95M), South Korea ($51M) and Vietnam ($46M), together accounting for 13% of total imports. China, Germany, Spain, Malaysia, Taiwan (Chinese) and Japan lagged somewhat behind, together accounting for a further 4.9%.
Spain, with a CAGR of +34.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the accumulator market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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Throughout Q1-Q3 2021, electric battery imports into the U.S. totalled $8.6B, gaining 58% from the same period in 2020. Supplies from China, the leading accumulator provider, rose by 78% to $3.2B. U.S. battery imports grew steadily during the last decade, increasing from $3B in 2010 to $7.9B in 2020.
