Ireland: 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 Ireland

In 2022, the Irish nickel and lithium accumulators market increased by 118% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption saw significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

Exports from Ireland

In 2022, overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 24% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 130%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports surged to $X in 2022. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by 119%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

The UK (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of nickel and lithium accumulators exports from Ireland, with a combined 66% share of total exports. Germany, the United Arab Emirates, the United States and Italy lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +133.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) emerged as the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Ireland, comprising 27% of total exports. The second position in the ranking was held by the United States ($X), with a 13% share of total exports. It was followed by Sweden, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.6% per year) and Sweden (+36.8% per year).

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, increasing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 20%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Netherlands ($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 the United States (+3.9%), 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 Ireland

Nickel and lithium accumulators imports into Ireland surged to X units in 2022, increasing by 125% compared with the year before. Over the period under review, imports showed a significant 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 skyrocketed to $X in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and Germany (X units) were the main suppliers of nickel and lithium accumulators imports to Ireland, with a combined 84% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +108.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nickel and lithium accumulators suppliers to Ireland were China ($X), Vietnam ($X) and Japan ($X), together comprising 77% of total imports.

Vietnam, with a CAGR of +91.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, declining by -23.7% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 113%. The import price peaked at $X per unit in 2021, and then dropped sharply in the following year.

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 the United States ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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