Slovenia: 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 Slovenia

The Slovene nickel and lithium accumulators market dropped slightly to $X in 2022, shrinking by -3.9% against the previous year. Over the period under review, consumption, however, recorded measured growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, nickel and lithium accumulators production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Nickel and lithium accumulators production peaked in 2022 and is likely to continue growth in the near future.

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

Exports from Slovenia

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exported from Slovenia surged to X units, rising by 76% on the previous year. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 181%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, nickel and lithium accumulators exports shrank dramatically to $X in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 286% against the previous year. As a result, the exports reached the peak of $X, and then contracted markedly in the following year.

Exports by Country

Germany (X units) was the main destination for nickel and lithium accumulators exports from Slovenia, accounting for a 81% share of total exports. Moreover, nickel and lithium accumulators exports to Germany exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. Croatia (X units) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +98.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+45.4% per year) and Croatia (+63.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Slovenia, comprising 62% of total exports. The second position in the ranking was taken by Austria ($X), with a 9.3% share of total exports. It was followed by Croatia, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +84.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+27.2% per year) and Croatia (+37.1% per year).

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, with a decrease of -55.6% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 96%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Italy ($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 Austria (+9.5%), while the prices for the other major destinations experienced a decline.

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

Imports into Slovenia

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were imported into Slovenia; which is down by -15% on 2021. In general, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by 54% against the previous year. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, nickel and lithium accumulators imports dropped to $X in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 200%. Over the period under review, imports attained the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest nickel and lithium accumulators supplier to Slovenia, accounting for a 55% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Hungary (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.0% per year) and Hungary (-1.1% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Slovenia, comprising 73% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by Germany, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +53.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+59.4% per year) and Germany (+37.0% per year).

Import Prices by Country

In 2022, the average nickel and lithium accumulators import price amounted to $X per unit, rising by 1.9% against the previous year. Over the period under review, the import price saw a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 108%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per unit), while the price for Hungary ($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 (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform