Pakistan: Lithium-Ion Accumulator Market 2024

Lithium-Ion Accumulator Market Size in Pakistan

For the fourth year in a row, the Pakistani lithium-ion accumulator market recorded growth in sales value, which increased by 135% to $X in 2021. Overall, consumption showed significant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Lithium-Ion Accumulator Production in Pakistan

In value terms, lithium-ion accumulator production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -29.3% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 44%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Lithium-Ion Accumulator Exports

Exports from Pakistan

After four years of growth, overseas shipments of lithium-ion accumulators decreased by -44.9% to X units in 2021. Overall, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 103%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, lithium-ion accumulator exports dropped remarkably to $X in 2021. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 216%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Switzerland (X units) was the main destination for lithium-ion accumulator exports from Pakistan, with a 50% share of total exports. Moreover, lithium-ion accumulator exports to Switzerland exceeded the volume sent to the second major destination, France (X units), tenfold. The third position in this ranking was held by the Philippines (X units), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland totaled -12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-27.0% per year) and the Philippines (+33.3% per year).

In value terms, Switzerland ($X), France ($X) and the United States ($X) appeared to be the largest markets for lithium-ion accumulator exported from Pakistan worldwide, with a combined 63% share of total exports.

The United States, with a CAGR of +47.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average lithium-ion accumulator export price amounted to $X per unit, with an increase of 40% against the previous year. Overall, the export price recorded a mild expansion. The growth pace was the most rapid in 2019 an increase of 79%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lithium-Ion Accumulator Imports

Imports into Pakistan

For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of lithium-ion accumulators, which increased by 168% to X units in 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 2,364% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, lithium-ion accumulator imports skyrocketed to $X in 2021. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,391%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X units) was the main lithium-ion accumulator supplier to Pakistan, accounting for a 100% share of total imports. It was followed by Sweden (X units), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +259.6%.

In value terms, China ($X) constituted the largest supplier of lithium-ion accumulators to Pakistan, comprising 100% of total imports. The second position in the ranking was held by Sweden ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +236.9%.

Import Prices by Country

In 2021, the average lithium-ion accumulator import price amounted to $X per unit, falling by -12.3% against the previous year. In general, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 20% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform