Iran: 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 Iran

In 2022, the Iranian nickel and lithium accumulators market decreased by -21.2% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption continues to indicate a slight shrinkage. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

Exports from Iran

In 2022, exports of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators from Iran shrank notably to X units, with a decrease of -32.7% on the previous year. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 6,607%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, nickel and lithium accumulators exports fell significantly to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,055%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for nickel and lithium accumulators exports from Iran, with a 47% share of total exports. Moreover, nickel and lithium accumulators exports to the Czech Republic exceeded the volume sent to the second major destination, Ireland (X units), ninefold. Germany (X units) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled +188.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (0.0% per year) and Germany (+34.0% per year).

In value terms, the Czech Republic ($X), Ireland ($X) and Germany ($X) appeared to be the largest markets for nickel and lithium accumulators exported from Iran worldwide, together accounting for 78% of total exports. Azerbaijan lagged somewhat behind, comprising a further 1%.

Among the main countries of destination, Azerbaijan, with a CAGR of +249.3%, saw the highest growth rate of the value of exports, 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, which is down by -3.7% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 509%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Azerbaijan ($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 Estonia (+65.2%), 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 Iran

In 2022, purchases abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -25% to X units, falling for the fourth year in a row after two years of growth. In general, imports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2013 when imports increased by 133%. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, nickel and lithium accumulators imports contracted significantly to $X in 2022. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of nickel and lithium accumulators to Iran, accounting for a 75% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.1% per year) and Sweden (-31.3% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Iran, comprising 41% of total imports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+26.3% per year) and Sweden (-43.6% per year).

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, picking up by 12% against the previous year. Overall, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 43% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :