Middle East: Lithium-Ion Accumulator Market 2025

Lithium-Ion Accumulator Market Size in the Middle East

The Middle Eastern lithium-ion accumulator market surged to $X in 2021, jumping by 66% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Lithium-Ion Accumulator Production in the Middle East

In value terms, lithium-ion accumulator production reached $X in 2021 estimated in export price. Overall, production saw a pronounced reduction. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Lithium-Ion Accumulator Exports

Exports in the Middle East

In 2021, overseas shipments of lithium-ion accumulators were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 196%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, lithium-ion accumulator exports soared to $X in 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 700% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Turkey (X units), distantly followed by Israel (X units), the United Arab Emirates (X units) and Saudi Arabia (X units) represented the key exporters of lithium-ion accumulators, together achieving 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Israel (with a CAGR of +73.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest lithium-ion accumulator supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined 89% share of total exports.

Israel, with a CAGR of +42.4%, recorded the highest growth rate of the value of exports, among 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

In 2021, the export price in the Middle East amounted to $X per unit, shrinking by -4.1% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 398%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.5%), while the other leaders experienced a decline in the export price figures.

Lithium-Ion Accumulator Imports

Imports in the Middle East

In 2021, the amount of lithium-ion accumulators imported in the Middle East surged to X units, picking up by 57% against 2020 figures. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, lithium-ion accumulator imports soared to $X in 2021. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the main importer of lithium-ion accumulators in the Middle East, with the volume of imports recording X units, which was approx. 83% of total imports in 2021. It was distantly followed by the United Arab Emirates (X units), creating an 11% share of total imports. Israel (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to lithium-ion accumulator imports into Turkey stood at +24.7%. At the same time, Israel (+45.5%) and the United Arab Emirates (+7.7%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +45.5% from 2012-2021. While the share of Turkey (+18 p.p.) and Israel (+2.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United Arab Emirates (-22.2 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported lithium-ion accumulators in the Middle East, comprising 63% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports.

In Turkey, lithium-ion accumulator imports expanded at an average annual rate of +25.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+11.1% per year) and Israel (+27.3% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, growing by 7.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 34% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform