Czech Republic: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2024

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

For the fourth year in a row, the Czech nickel and lithium accumulators market recorded growth in sales value, which increased by 42% to $X in 2022. In general, consumption posted a significant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in the Czech Republic

In value terms, nickel and lithium accumulators production dropped dramatically to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 220%. Nickel and lithium accumulators production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports from the Czech Republic

In 2022, overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 131% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 178%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel and lithium accumulators exports soared to $X in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 179% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Poland (X units), Germany (X units) and Spain (X units) were the main destinations of nickel and lithium accumulators exports from the Czech Republic, with a combined 79% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +67.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from the Czech Republic, comprising 51% of total exports. The second position in the ranking was taken by Poland ($X), with a 19% share of total exports. It was followed by Spain, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +50.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+67.1% per year) and Spain (+51.4% per year).

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, picking up by 9.8% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Hungary ($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 France (+26.3%), 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 the Czech Republic

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported into the Czech Republic surged to X units, growing by 23% against 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, nickel and lithium accumulators imports surged to $X in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 207%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Germany (X units) and Hungary (X units) were the main suppliers of nickel and lithium accumulators imports to the Czech Republic, together accounting for 83% of total imports. Japan, South Korea and Belgium lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +66.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to the Czech Republic, comprising 54% of total imports. The second position in the ranking was taken by Hungary ($X), with a 21% share of total imports. It was followed by Germany, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +43.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+59.9% per year) and Germany (+46.0% per year).

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, jumping by 57% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 121% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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