China: 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 China

In 2022, the Chinese nickel and lithium accumulators market decreased by -10.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a deep downturn. Nickel and lithium accumulators consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, nickel and lithium accumulators production rose to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 37%. Nickel and lithium accumulators production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from China

Nickel and lithium accumulators exports from China soared to X units in 2022, increasing by 25% on the previous year's figure. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, nickel and lithium accumulators exports soared to $X in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X units), the United States (X units) and India (X units) were the main destinations of nickel and lithium accumulators exports from China, together accounting for 40% of total exports. South Korea, Poland, Germany, Hungary, Malaysia, Mexico, the Netherlands, the UK and Japan lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +42.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nickel and lithium accumulators exported from China were the United States ($X), Germany ($X) and South Korea ($X), with a combined 45% share of total exports. The Netherlands, Vietnam, India, Japan, the UK, Poland, Hungary, Mexico and Malaysia lagged somewhat behind, together accounting for a further 27%.

Poland, with a CAGR of +56.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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, picking up by 42% against the previous year. Overall, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Netherlands ($X per unit), while the average price for exports to Hungary ($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 Germany (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into China

For the sixth year in a row, China recorded growth in supplies from abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by 15% to X units in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 52%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nickel and lithium accumulators imports expanded modestly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 14%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Malaysia (X units) constituted the largest supplier of nickel and lithium accumulators to China, accounting for a 75% share of total imports. Moreover, nickel and lithium accumulators imports from Malaysia exceeded the figures recorded by the second-largest supplier, Germany (X units), tenfold. Vietnam (X units) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia totaled +49.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.9% per year) and Vietnam (+16.9% per year).

In value terms, the largest nickel and lithium accumulators suppliers to China were Malaysia ($X), Japan ($X) and Singapore ($X), with a combined 48% share of total imports.

Malaysia, with a CAGR of +32.8%, recorded 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.

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, with a decrease of -12% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 an increase of 9.2%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :