Poland: Lithium-Ion Accumulator Market 2024

Lithium-Ion Accumulator Market Size in Poland

In 2021, the Polish lithium-ion accumulator market decreased by -66.1% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a significant contraction. Lithium-ion accumulator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Lithium-Ion Accumulator Production in Poland

In value terms, lithium-ion accumulator production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. Lithium-ion accumulator production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Lithium-Ion Accumulator Exports

Exports from Poland

For the sixth consecutive year, Poland recorded growth in shipments abroad of lithium-ion accumulators, which increased by 186% to X units in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 291%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, lithium-ion accumulator exports soared to $X in 2021. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2019 when exports increased by 184%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), Mexico (X units) and Belgium (X units) were the main destinations of lithium-ion accumulator exports from Poland, with a combined 77% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +792.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for lithium-ion accumulators exports from Poland, comprising 49% of total exports. The second position in the ranking was held by Mexico ($X), with a 14% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +92.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+619.6% per year) and France (+106.7% per year).

Export Prices by Country

In 2021, the average lithium-ion accumulator export price amounted to $X per unit, which is down by -41.3% against the previous year. In general, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per unit), while the average price for exports to Belgium ($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 Italy (+0.1%), while the prices for the other major destinations experienced a decline.

Lithium-Ion Accumulator Imports

Imports into Poland

In 2021, the amount of lithium-ion accumulators imported into Poland soared to X units, increasing by 43% against the year before. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 187% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, lithium-ion accumulator imports soared to $X in 2021. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 123% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), South Korea (X units) and Germany (X units) were the main suppliers of lithium-ion accumulator imports to Poland, with a combined 92% share of total imports. Singapore, Japan and the UK lagged somewhat behind, together comprising a further 3.4%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +110.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Germany ($X) were the largest lithium-ion accumulator suppliers to Poland, together comprising 86% of total imports. These countries were followed by Singapore, Japan and the UK, which together accounted for a further 3.8%.

In terms of the main suppliers, Singapore, with a CAGR of +88.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lithium-ion accumulator import price stood at $X per unit in 2021, approximately equating the previous year. In general, the import price recorded strong growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 39%. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for South Korea ($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 UK (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform