Northern America: 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 Northern America

For the eleventh consecutive year, the North American nickel and lithium accumulators market recorded growth in sales value, which increased by 44% to $X in 2022. Overall, consumption saw buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, nickel and lithium accumulators production stood at $X in 2022 estimated in export price. In general, production showed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 25%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports in Northern America

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were exported in Northern America; growing by 17% compared with the year before. The total export volume increased at an average annual rate of +5.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 23% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, nickel and lithium accumulators exports skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by 66% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, the United States (X units) represented the main exporter of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, generating 89% of total exports. It was distantly followed by Canada (X units), making up an 11% share of total exports.

The United States was also the fastest-growing in terms of the nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports, with a CAGR of +9.8% from 2012 to 2022. Canada (-6.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +28 percentage points.

In value terms, the United States ($X) remains the largest nickel and lithium accumulators supplier in Northern America, comprising 93% of total exports. The second position in the ranking was held by Canada ($X), with a 6.8% share of total exports.

In the United States, nickel and lithium accumulators exports expanded at an average annual rate of +15.1% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, increasing by 4.7% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel and lithium accumulators export price increased by +123.8% against 2012 indices. The growth pace was the most rapid in 2013 an increase of 35%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+16.0%).

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

Imports in Northern America

In 2022, supplies from abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 58% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained 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. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, reaching X units, which was approx. 98% of total imports in 2022. Canada (X units) held a relatively small share of total imports.

The United States was also the fastest-growing in terms of the nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imports, with a CAGR of +11.4% from 2012 to 2022. At the same time, Canada (+5.3%) displayed positive paces of growth. While the share of the United States (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-1.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in Northern America, comprising 94% of total imports. The second position in the ranking was taken by Canada ($X), with a 6.4% share of total imports.

In the United States, nickel and lithium accumulators imports increased at an average annual rate of +19.8% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, growing by 3.1% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 33%. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+13.2%).

Source: IndexBox Platform

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