Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco - 2022
Contents:
- Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco (CIF) - 2022
- Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco
Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco (CIF) - 2022
The average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $275 per unit in 2022, with an increase of 7.1% against the previous year. Over the period under review, the import price saw a prominent expansion. The growth pace was the most rapid in 2019 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
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 UK ($406 per unit), while the price for China ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco
In 2022, purchases abroad of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s decreased by -6% to 505 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 649% against the previous year. Over the period under review, imports of hit record highs at 537 units in 2021, and then dropped in the following year.
In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $138K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 537%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.7 | 6.8 | 74.5 | 64.6 | 351.9% |
| United States | 3.8 | 21.7 | 59.1 | 61.2 | 152.5% |
| China | 1.0 | 8.9 | 0.1 | 8.8 | 106.5% |
| Others | 0.7 | 1.6 | 3.8 | 3.6 | 72.6% |
| Total | 6.1 | 39.1 | 138 | 138 | 182.8% |
Top Suppliers of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) to Morocco in 2022:
- China (184.0 units)
- United Kingdom (159.0 units)
- United States (151.0 units)
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