Germany: Lithium-Ion Accumulator Market 2024

Lithium-Ion Accumulator Market Size in Germany

For the tenth consecutive year, the German lithium-ion accumulator market recorded growth in sales value, which increased by 6% to $X in 2021. Over the period under review, consumption recorded a significant increase. Lithium-ion accumulator consumption peaked in 2021 and is expected to retain growth in years to come.

Lithium-Ion Accumulator Production in Germany

In value terms, lithium-ion accumulator production soared to $X in 2021 estimated in export price. Over the period under review, production saw a significant increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Lithium-Ion Accumulator Exports

Exports from Germany

For the sixth consecutive year, Germany recorded growth in overseas shipments of lithium-ion accumulators, which increased by 161% to X units in 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2014 with an increase of 215% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, lithium-ion accumulator exports surged to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

The Czech Republic (X units) was the main destination for lithium-ion accumulator exports from Germany, accounting for a 29% share of total exports. Moreover, lithium-ion accumulator exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic amounted to +112.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+91.4% per year) and the United States (+89.1% per year).

In value terms, the United States ($X), the Czech Republic ($X) and China ($X) were the largest markets for lithium-ion accumulator exported from Germany worldwide, with a combined 37% share of total exports. Slovakia, the UK, France, Hungary, Mexico, Italy, the Netherlands, Finland, Poland and Austria lagged somewhat behind, together comprising a further 46%.

Mexico, with a CAGR of +105.1%, recorded 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

In 2021, the average lithium-ion accumulator export price amounted to $X per unit, dropping by -34.9% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovakia ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-5.2%), while the prices for the other major destinations experienced a decline.

Lithium-Ion Accumulator Imports

Imports into Germany

Lithium-ion accumulator imports into Germany soared to X units in 2021, growing by 93% compared with 2020 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 220%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, lithium-ion accumulator imports skyrocketed to $X in 2021. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X units), China (X units) and Hungary (X units) were the main suppliers of lithium-ion accumulator imports to Germany, with a combined 73% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +124.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lithium-ion accumulator suppliers to Germany were Poland ($X), China ($X) and Hungary ($X), with a combined 74% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +105.6%, 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 2021, the average lithium-ion accumulator import price amounted to $X per unit, with a decrease of -16% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 24%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-8.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform