Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR - 2022

Contents:

1. Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR (CIF) - 2022
2. Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR (FOB) - 2022
3. Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR
4. Exports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR

Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $19 per unit, shrinking by -5% against the previous year. Overall, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 7.6% against the previous year. As a result, import price reached the peak level of $67 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +45.0% per year.

Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR (FOB) - 2022

The average export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $50 per unit in 2022, jumping by 96% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s decreased by -12.8% against 2018 indices. The export price peaked at $57 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($117 per unit), while the average price for exports to the United States totaled $47 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+48.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR

Imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s into Hong Kong SAR declined dramatically to 24K units in 2022, waning by -22.8% on 2021. Overall, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Imports peaked at 49K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s surged to $1M in 2022. Over the period under review, imports faced a abrupt slump. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) to Hong Kong SAR in 2022:

1. China (24.3K units)

Exports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Hong Kong SAR

In 2022, exports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s from Hong Kong SAR shrank notably to 6.6K units, with a decrease of -58.2% against 2021 figures. In general, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 454% against the previous year. The exports peaked at 39K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s dropped notably to $704K in 2022. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 561%. Over the period under review, the exports of reached the peak figure at $1.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) from Hong Kong SAR in 2022:

1. Japan (5.6K units)
2. United States (1.0K units)

Source: IndexBox Market Intelligence Platform