Myanmar: 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 Myanmar

The Myanmar's nickel and lithium accumulators market stood at $X in 2022, growing by 5.5% against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.9% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Myanmar

In value terms, nickel and lithium accumulators production expanded significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.3% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by 45% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Myanmar

In 2022, shipments abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -61% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 347%. The exports peaked at X units in 2021, and then dropped notably in the following year.

In value terms, nickel and lithium accumulators exports declined rapidly to $X in 2022. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 3,185%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Thailand (X units) was the main destination for nickel and lithium accumulators exports from Myanmar, with a 64% share of total exports. Moreover, nickel and lithium accumulators exports to Thailand exceeded the volume sent to the second major destination, Ghana (X units), threefold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (0.0% per year) and the Netherlands (0.0% per year).

In value terms, the largest markets for nickel and lithium accumulators exported from Myanmar were Ghana ($X), the Netherlands ($X) and Thailand ($X), together comprising 100% of total exports.

Among the main countries of destination, Ghana, with a CAGR of 0.0%, saw 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 nickel and lithium accumulators export price stood at $X per unit in 2022, which is down by -49% against the previous year. In general, the export price recorded a significant curtailment. The pace of growth was the most pronounced in 2018 an increase of 636%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+21.2%), while the prices for the other major destinations experienced a decline.

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

Imports into Myanmar

In 2022, purchases abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -16.1% to X units, falling for the second consecutive year after four years of growth. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2015 when imports increased by 330% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators imports reduced markedly to $X in 2022. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by 189%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of nickel and lithium accumulators to Myanmar, with a 97% share of total imports. It was followed by Thailand (X units), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +157.5%.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Myanmar, comprising 97% of total imports. The second position in the ranking was held by Thailand ($X), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +137.1%.

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, with a decrease of -30.8% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 94%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Thailand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :