Asia-Pacific: Lithium-Ion Accumulator Market 2025

Lithium-Ion Accumulator Market Size in Asia-Pacific

After three years of growth, the Asia-Pacific lithium-ion accumulator market decreased by -5.5% to $X in 2021. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped in the following year.

Lithium-Ion Accumulator Production in Asia-Pacific

In value terms, lithium-ion accumulator production declined slightly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 16%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Lithium-Ion Accumulator Exports

Exports in Asia-Pacific

Lithium-ion accumulator exports surged to X units in 2021, jumping by 41% on the previous year's figure. Overall, exports showed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lithium-ion accumulator exports soared to $X in 2021. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporter of lithium-ion accumulators in Asia-Pacific, with the volume of exports finishing at X units, which was near 50% of total exports in 2021. It was distantly followed by Hong Kong SAR (X units), South Korea (X units), Japan (X units) and Singapore (X units), together comprising a 45% share of total exports. Thailand (X units) held a little share of total exports.

Exports from China increased at an average annual rate of +13.5% from 2012 to 2021. At the same time, Thailand (+120.5%), Japan (+34.1%), Singapore (+20.4%), South Korea (+15.2%) and Hong Kong SAR (+10.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +120.5% from 2012-2021. While the share of Japan (+5.8 p.p.), Thailand (+2.8 p.p.) and Singapore (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-4.9 p.p.) and Hong Kong SAR (-7.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lithium-ion accumulator supplier in Asia-Pacific, comprising 63% of total exports. The second position in the ranking was taken by South Korea ($X), with a 13% share of total exports. It was followed by Hong Kong SAR, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +22.8%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+12.1% per year) and Hong Kong SAR (+16.3% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, with an increase of 8.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the other leaders experienced mixed trends in the export price figures.

Lithium-Ion Accumulator Imports

Imports in Asia-Pacific

After two years of decline, purchases abroad of lithium-ion accumulators increased by 27% to X units in 2021. Overall, imports recorded buoyant growth. The growth pace was the most rapid in 2018 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

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

Imports by Country

Hong Kong SAR (X units) and China (X units) represented the major importers of lithium-ion accumulators in 2021, finishing at approx. 30% and 26% of total imports, respectively. It was distantly followed by India (X units), South Korea (X units), Vietnam (X units) and Japan (X units), together committing a 33% share of total imports. Indonesia (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +72.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 54% of total imports. These countries were followed by Vietnam, Japan, India and Indonesia, which together accounted for a further 31%.

Indonesia, with a CAGR of +34.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, increasing by 6.6% against the previous year. Import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lithium-ion accumulator import price increased by +34.2% against 2018 indices. The growth pace was the most rapid in 2015 when the import price increased by 49% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform