Eastern Europe: 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 Eastern Europe

For the seventh year in a row, the East European nickel and lithium accumulators market recorded growth in sales value, which increased by 34% to $X in 2022. Overall, consumption showed a resilient increase. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

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

In value terms, nickel and lithium accumulators production plummeted to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 59%. The level of production peaked at $X in 2021, and then reduced dramatically in the following year.

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

Exports in Eastern Europe

For the eleventh consecutive year, Eastern Europe recorded growth in shipments abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by 53% to X units in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 95%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, nickel and lithium accumulators exports soared to $X in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 113%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland represented the largest exporting country with an export of around X units, which amounted to 62% of total exports. Hungary (X units) took a 27% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (7.5%). Slovakia (X units) held a little share of total exports.

Poland was also the fastest-growing in terms of the nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports, with a CAGR of +45.8% from 2012 to 2022. At the same time, Hungary (+42.6%), Slovakia (+28.9%) and the Czech Republic (+24.9%) displayed positive paces of growth. From 2012 to 2022, the share of Poland and Hungary increased by +19 and +3.5 percentage points, respectively.

In value terms, the largest nickel and lithium accumulators supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and the Czech Republic ($X), with a combined 97% share of total exports.

Hungary, with a CAGR of +61.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by -7.3% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 when the export price increased by 88% against the previous year. The level of export peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Poland ($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 (+13.0%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported in Eastern Europe surged to X units, with an increase of 35% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, nickel and lithium accumulators imports skyrocketed to $X in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, namely Hungary, Poland and the Czech Republic, represented more than two-thirds of total import. It was distantly followed by Slovakia (X units), generating a 4.9% share of total imports. The following importers - Romania (X units), Russia (X units) and Lithuania (X units) - each finished at a 9.2% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +30.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nickel and lithium accumulators importing markets in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), with a combined 74% share of total imports.

In terms of the main importing countries, Slovakia, with a CAGR of +48.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, growing by 22% against the previous year. Overall, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when the import price increased by 80%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+16.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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