Report Singapore - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer and Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Singapore - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer and Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2024

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Singapore

The Singaporean nickel and lithium accumulators market surged to $X in 2022, increasing by 37% against the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +40.2% against 2020 indices. Nickel and lithium accumulators consumption peaked in 2022 and is likely to see gradual growth in the near future.

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

In value terms, nickel and lithium accumulators production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded strong growth. The pace of growth was the most pronounced in 2017 with an increase of 49%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports from Singapore

In 2022, overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -8.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2017 with an increase of 36%. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted in the following year.

In value terms, nickel and lithium accumulators exports expanded modestly to $X in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

China (X units) was the main destination for nickel and lithium accumulators exports from Singapore, accounting for a 38% share of total exports. Moreover, nickel and lithium accumulators exports to China exceeded the volume sent to the second major destination, Indonesia (X units), twofold. The third position in this ranking was held by Malaysia (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+13.8% per year) and Malaysia (+13.8% per year).

In value terms, China ($X) remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Singapore, comprising 33% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total exports. It was followed by Malaysia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+37.5% per year) and Malaysia (+19.3% per year).

Export Prices by Country

In 2022, the average nickel and lithium accumulators export price amounted to $X per unit, growing by 14% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Indonesia ($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 Hong Kong SAR (+7.5%), 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 Singapore

In 2022, overseas purchases of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators increased by 49% to X units, rising for the second consecutive year after two years of decline. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.4% against 2020 indices. 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 soared to $X in 2022. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by 59% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main nickel and lithium accumulators supplier to Singapore, accounting for a 92% share of total imports. It was followed by the United States (X units), with a 2.4% share of total imports. The third position in this ranking was held by Malaysia (X units), with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.2% per year) and Malaysia (+11.5% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Singapore, comprising 65% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by Japan, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.4% per year) and Japan (+0.9% per year).

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price decreased by -7.6% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 31% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+40.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of nickel and lithium accumulators consumption, comprising approx. 44% of total volume. Moreover, nickel and lithium accumulators consumption in China exceeded the figures recorded by the second-largest consumer, Germany, fivefold. India ranked third in terms of total consumption with a 4.2% share.
The country with the largest volume of nickel and lithium accumulators production was China, accounting for 70% of total volume. Moreover, nickel and lithium accumulators production in China exceeded the figures recorded by the second-largest producer, Poland, eightfold. The third position in this ranking was occupied by Japan, with a 5.5% share.
In value terms, China constituted the largest supplier of nickel and lithium accumulators to Singapore, comprising 41% of total imports. The second position in the ranking was occupied by Germany, with a 16% share of total imports. It was followed by Malaysia, with a 6.9% share.
In value terms, the largest markets for nickel and lithium accumulators exported from Singapore were China, Malaysia and Hong Kong SAR, with a combined 56% share of total exports. These countries were followed by Indonesia, the Netherlands, the Philippines and Vietnam, which together accounted for a further 29%.
The average nickel and lithium accumulators export price stood at $2.5 per unit in 2021, with an increase of 27% against the previous year.
In 2021, the average nickel and lithium accumulators import price amounted to $2.1 per unit, waning by -7.1% against the previous year.

This report provides an in-depth analysis of the market for nickel and lithium accumulators in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
  • Prodcom 27202310 -
  • Prodcom 27202320 -
  • Prodcom 27202330 -
  • Prodcom 27202340 -
  • Prodcom 27202350 -
  • Prodcom 27202395 -

Country coverage:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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