United Arab Emirates: 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 the United Arab Emirates

The nickel and lithium accumulators market in the United Arab Emirates surged to $X in 2022, increasing by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +3.9% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

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

Exports from the United Arab Emirates

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exported from the United Arab Emirates declined markedly to X units, waning by -29.9% on the previous year's figure. In general, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 105% against the previous year. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports declined significantly to $X in 2022. Over the period under review, exports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2017 when exports increased by 153%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for nickel and lithium accumulators exports from the United Arab Emirates, with a 48% share of total exports. Moreover, nickel and lithium accumulators exports to the Netherlands exceeded the volume sent to the second major destination, Georgia (X units), threefold. The third position in this ranking was held by Burundi (X units), with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +63.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-3.9% per year) and Burundi (+19.5% per year).

In value terms, the Netherlands ($X) remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from the United Arab Emirates, comprising 59% of total exports. The second position in the ranking was taken by South Africa ($X), with a 6.6% share of total exports. It was followed by Burundi, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to +40.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+45.4% per year) and Burundi (+12.9% per year).

Export Prices by Country

The average nickel and lithium accumulators export price stood at $X per unit in 2022, which is down by -26.4% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 25% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Georgia ($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 South Africa (+12.2%), 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 the United Arab Emirates

In 2022, the amount of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators imported into the United Arab Emirates reached X units, surging by 10% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 28% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, nickel and lithium accumulators imports expanded remarkably to $X in 2022. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest nickel and lithium accumulators supplier to the United Arab Emirates, accounting for a 85% share of total imports. It was followed by Hong Kong SAR (X units), with a 2.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to the United Arab Emirates, comprising 59% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 2.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +12.0%.

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, picking up by 2.5% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.9% 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 increased by +53.8% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :