Belarus: 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 Belarus

The Belarusian nickel and lithium accumulators market was estimated at $X in 2022, with an increase of 2.3% against the previous year. In general, consumption saw a prominent increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Belarus

In value terms, nickel and lithium accumulators production rose rapidly to $X in 2022 estimated in export price. In general, production recorded resilient growth. The growth pace was the most rapid in 2018 when the production volume increased by 47%. Nickel and lithium accumulators production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports from Belarus

In 2022, overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -6.7% to X units, falling for the second consecutive year after six years of growth. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2013 when exports increased by 189%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, nickel and lithium accumulators exports fell remarkably to $X in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 417% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for nickel and lithium accumulators exports from Belarus, accounting for a 79% share of total exports. Moreover, nickel and lithium accumulators exports to Russia exceeded the volume sent to the second major destination, Lithuania (X units), eightfold. Ukraine (X units) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +77.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+79.9% per year) and Ukraine (+107.7% per year).

In value terms, Lithuania ($X), Russia ($X) and Ukraine ($X) were the largest markets for nickel and lithium accumulators exported from Belarus worldwide, with a combined 67% share of total exports.

Ukraine, with a CAGR of +74.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, which is down by -10.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of 79% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Russia ($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 the United States (-4.6%), 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 Belarus

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were imported into Belarus; which is down by -50.2% against the previous year's figure. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 79% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted notably in the following year.

In value terms, nickel and lithium accumulators imports contracted remarkably to $X in 2022. In general, imports, however, showed noticeable growth. The pace of growth was the most pronounced in 2018 with an increase of 42% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

China (X units), Russia (X units) and Japan (X units) were the main suppliers of nickel and lithium accumulators imports to Belarus, together accounting for 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +33.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Russia ($X) and Japan ($X) appeared to be the largest nickel and lithium accumulators suppliers to Belarus, together comprising 85% of total imports.

China, with a CAGR of +11.2%, 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 a decline.

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, reducing by -11.6% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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