Spain: 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 Spain

The Spanish nickel and lithium accumulators market totaled $X in 2022, approximately mirroring the previous year. Overall, consumption showed a remarkable increase. Nickel and lithium accumulators consumption peaked in 2022 and is expected to retain growth in the near future.

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

In value terms, nickel and lithium accumulators production contracted to $X in 2022 estimated in export price. Over the period under review, production showed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 134%. As a result, production attained the peak level of $X, and then declined in the following year.

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

Exports from Spain

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were exported from Spain; growing by 21% compared with the previous year's figure. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, nickel and lithium accumulators exports contracted significantly to $X in 2022. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 196%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

France (X units), Portugal (X units) and Italy (X units) were the main destinations of nickel and lithium accumulators exports from Spain, together comprising 72% of total exports. Germany, Brazil, Ukraine, the UK, Poland, Hungary, the Netherlands, Belgium, Turkey and China lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +86.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nickel and lithium accumulators exported from Spain were France ($X), Portugal ($X) and Italy ($X), together accounting for 60% of total exports. Germany, the UK, the Netherlands, Poland, Hungary, Ukraine, Belgium, Brazil, Turkey and China lagged somewhat behind, together comprising a further 23%.

Among the main countries of destination, Hungary, with a CAGR of +57.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, reducing by -35.7% against the previous year. Over the period under review, the export price, however, posted a notable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 68%. As a result, the export price reached the peak level of $X per unit, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brazil ($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 Portugal (+21.1%), 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 Spain

Nickel and lithium accumulators imports into Spain soared to X units in 2022, increasing by 28% against 2021. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 78%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, nickel and lithium accumulators imports soared to $X in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 269%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of nickel and lithium accumulators to Spain, accounting for a 71% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by the Czech Republic (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.3% per year) and the Czech Republic (+31.3% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Spain, comprising 72% of total imports. The second position in the ranking was taken by Hungary ($X), with a 10% share of total imports. It was followed by the Czech Republic, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +52.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+138.2% per year) and the Czech Republic (+52.3% per year).

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, rising by 27% against the previous year. In general, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 182%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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