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 Europe

The Europe nickel and lithium accumulators market skyrocketed to $X in 2022, picking up by 122% against the previous year. In general, consumption continues to indicate resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, nickel and lithium accumulators production amounted to $X in 2022 estimated in export price. Overall, production saw a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by 59% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in years to come.

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

Exports in Europe

For the eleventh consecutive year, Europe recorded growth in overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by 19% to X units in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 51%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, nickel and lithium accumulators exports skyrocketed to $X in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Poland (X units), distantly followed by Germany (X units), Hungary (X units), the Netherlands (X units) and the Czech Republic (X units) were the largest exporters of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, together creating 89% of total exports. The following exporters - Belgium (X units) and France (X units) - each accounted for a 3.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +45.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nickel and lithium accumulators supplying countries in Europe were Poland ($X), Hungary ($X) and Germany ($X), with a combined 75% share of total exports.

Hungary, with a CAGR of +61.0%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The export price in Europe stood at $X per unit in 2022, rising by 3.8% against the previous year. Over the period under review, the export price enjoyed notable growth. The growth pace was the most rapid in 2020 when the export price increased by 50% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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 ($X per unit), while the Netherlands ($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 Europe

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported in Europe soared to X units, jumping by 37% compared with 2021. Over the period under review, imports continue to indicate a buoyant increase. 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 soared to $X in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Hungary (X units), Poland (X units), the Czech Republic (X units), the Netherlands (X units), the UK (X units), Belgium (X units), Italy (X units), France (X units), Sweden (X units), Slovakia (X units) and Spain (X units) represented roughly 90% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +38.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in Europe, comprising 36% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.7% share of total imports. It was followed by Belgium, with a 5.8% share.

In Germany, nickel and lithium accumulators imports increased at an average annual rate of +32.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+44.0% per year) and Belgium (+32.4% per year).

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, growing by 13% against the previous year. Overall, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by 64% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform