Australia: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2025

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Australia

The Australian nickel and lithium accumulators market surged to $X in 2022, increasing by 41% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a resilient expansion. Nickel and lithium accumulators consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Exports from Australia

Nickel and lithium accumulators exports from Australia rose remarkably to X units in 2022, growing by 12% compared with the year before. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 152% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, nickel and lithium accumulators exports surged to $X in 2022. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 62%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

New Zealand (X units) was the main destination for nickel and lithium accumulators exports from Australia, with a 53% share of total exports. Moreover, nickel and lithium accumulators exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), twofold. The UK (X units) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand stood at +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.6% per year) and the UK (+55.9% per year).

In value terms, the United States ($X), New Zealand ($X) and the UK ($X) appeared to be the largest markets for nickel and lithium accumulators exported from Australia worldwide, together accounting for 70% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +51.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nickel and lithium accumulators export price amounted to $X per unit, surging by 12% against the previous year. Over the period under review, the export price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 26%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Imports into Australia

For the fourth consecutive year, Australia recorded growth in overseas purchases of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by 30% to X units in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel and lithium accumulators imports skyrocketed to $X in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 107% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of nickel and lithium accumulators to Australia, accounting for a 59% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold. The third position in this ranking was taken by Japan (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+46.1% per year) and Japan (+8.9% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Australia, comprising 59% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Vietnam, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.6% per year) and Vietnam (+54.9% per year).

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, rising by 10% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 92%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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