Slovakia: 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 Slovakia

For the fourth consecutive year, the Slovak nickel and lithium accumulators market recorded growth in sales value, which increased by 31% to $X in 2022. Overall, consumption enjoyed significant growth. Nickel and lithium accumulators consumption peaked in 2022 and is likely to see gradual growth in years to come.

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

Exports from Slovakia

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were exported from Slovakia; with an increase of 484% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel and lithium accumulators exports soared to $X in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X units) was the main destination for nickel and lithium accumulators exports from Slovakia, accounting for a 61% share of total exports. Moreover, nickel and lithium accumulators exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X units), threefold. Germany (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled +50.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+50.9% per year) and Germany (+17.7% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Slovakia, comprising 61% of total exports. The second position in the ranking was taken by Germany ($X), with a 20% share of total exports. It was followed by Hungary, with a 3.9% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic amounted to +70.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.1% per year) and Hungary (+41.1% per year).

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, waning by -1.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 287%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Hungary ($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 Czech Republic (+13.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Slovakia

Nickel and lithium accumulators imports into Slovakia surged to X units in 2022, picking up by 121% on the year before. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 173%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel and lithium accumulators imports soared to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 222% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Hungary (X units), Germany (X units) and China (X units) were the main suppliers of nickel and lithium accumulators imports to Slovakia, with a combined 56% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +121.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Slovakia, comprising 45% of total imports. The second position in the ranking was held by Hungary ($X), with a 14% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +72.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+106.8% per year) and Germany (+56.6% per year).

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, dropping by -40.2% against the previous year. In general, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 135% against the previous year. The import price peaked at $X per unit in 2021, and then shrank remarkably in the following year.

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 South Korea ($X per unit), while the price for Japan ($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 (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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