Israel: Lithium-Ion Accumulator Market 2024

Lithium-Ion Accumulator Market Size in Israel

The Israeli lithium-ion accumulator market surged to $X in 2021, with an increase of 51% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a significant increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Lithium-Ion Accumulator Exports

Exports from Israel

In 2021, shipments abroad of lithium-ion accumulators increased by 19% to X units, rising for the second consecutive year after two years of decline. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 1,059% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, lithium-ion accumulator exports soared to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 406% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), the Philippines (X units) and Singapore (X units) were the main destinations of lithium-ion accumulator exports from Israel, with a combined 51% share of total exports. The United States, China, France, El Salvador, the Netherlands, Belgium, Switzerland, Luxembourg, the UK and Thailand lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by El Salvador (with a CAGR of +180.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Philippines ($X) and Singapore ($X) were the largest markets for lithium-ion accumulator exported from Israel worldwide, with a combined 51% share of total exports. The United States, China, France, El Salvador, the Netherlands, Belgium, Switzerland, Luxembourg, the UK and Thailand lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, El Salvador, with a CAGR of +181.3%, recorded the highest rates of growth with regard to 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 lithium-ion accumulator export price stood at $X per unit in 2021, reducing by -2% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, the countries with the highest prices were the UK ($X per unit) and Thailand ($X per unit), while the average price for exports to Singapore ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+0.2%), while the prices for the other major destinations experienced a decline.

Lithium-Ion Accumulator Imports

Imports into Israel

In 2021, the amount of lithium-ion accumulators imported into Israel soared to X units, growing by 47% compared with 2020 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 145%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, lithium-ion accumulator imports surged to $X in 2021. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 70% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest lithium-ion accumulator supplier to Israel, with a 53% share of total imports. Moreover, lithium-ion accumulator imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), fivefold. South Korea (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +62.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+36.1% per year) and South Korea (+49.2% per year).

In value terms, China ($X) constituted the largest supplier of lithium-ion accumulators to Israel, comprising 53% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 12% share of total imports. It was followed by South Korea, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +41.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+19.1% per year) and South Korea (+30.8% per year).

Import Prices by Country

The average lithium-ion accumulator import price stood at $X per unit in 2021, reducing by -1.6% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 11%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the Netherlands ($X per unit) and the United States ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-5.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform