Portugal: 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 Portugal

The Portuguese nickel and lithium accumulators market surged to $X in 2022, with an increase of 56% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

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

Exports from Portugal

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were exported from Portugal; increasing by 19% compared with the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 110%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel and lithium accumulators exports skyrocketed to $X in 2022. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 58% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

France (X units), Spain (X units) and Angola (X units) were the main destinations of nickel and lithium accumulators exports from Portugal, together comprising 73% of total exports. Italy, the United States, the Netherlands, Germany, the Czech Republic and the UK lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +175.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nickel and lithium accumulators exported from Portugal were Spain ($X), the United States ($X) and France ($X), together comprising 73% of total exports. Angola, the Netherlands, Germany, Italy, the UK and the Czech Republic lagged somewhat behind, together accounting for a further 20%.

The Czech Republic, with a CAGR of +115.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average nickel and lithium accumulators export price amounted to $X per unit, surging by 20% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 43%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Portugal

In 2022, overseas purchases of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 42% to X units, rising for the second year in a row after two years of decline. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 67%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, nickel and lithium accumulators imports surged to $X in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by 93% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Spain (X units) were the main suppliers of nickel and lithium accumulators imports to Portugal, together accounting for 71% of total imports. The Netherlands, Hong Kong SAR, Sweden, France, Belgium and Ireland lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +94.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Portugal, comprising 45% of total imports. The second position in the ranking was taken by Spain ($X), with a 15% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +57.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+21.6% per year) and Germany (+36.3% per year).

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, with an increase of 9.1% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 78%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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