Switzerland: 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 Switzerland

The Swiss nickel and lithium accumulators market soared to $X in 2022, growing by 35% against the previous year. In general, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, nickel and lithium accumulators production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 77%. Nickel and lithium accumulators production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from Switzerland

Nickel and lithium accumulators exports from Switzerland dropped to X units in 2022, reducing by -1.6% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports rose slightly to $X in 2022. Overall, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 20%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for nickel and lithium accumulators exports from Switzerland, accounting for a 34% share of total exports. Moreover, nickel and lithium accumulators exports to Germany exceeded the volume sent to the second major destination, Australia (X units), threefold. The third position in this ranking was taken by Vietnam (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+2.3% per year) and Vietnam (+46.6% per year).

In value terms, Germany ($X) remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Switzerland, comprising 26% of total exports. The second position in the ranking was held by Australia ($X), with an 8.3% share of total exports. It was followed by the Netherlands, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+0.2% per year) and the Netherlands (+32.9% per year).

Export Prices by Country

In 2022, the average nickel and lithium accumulators export price amounted to $X per unit, picking up by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while the average price for exports to Vietnam ($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 Netherlands (+22.3%), 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 Switzerland

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported into Switzerland expanded to X units, picking up by 4.6% compared with 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +65.2% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, nickel and lithium accumulators imports skyrocketed to $X in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest nickel and lithium accumulators supplier to Switzerland, accounting for a 53% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-1.0% per year) and Germany (+11.0% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Switzerland, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with a 22% share of total imports. It was followed by Japan, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.5% per year) and Japan (-5.8% per year).

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, increasing by 36% against the previous year. In general, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue 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 South Korea ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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