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

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $54 per unit, growing by 14% against the previous year. Overall, the import price recorded a strong expansion. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 Russia ($314 per unit), while the price for Singapore ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $23 per unit in 2022, leveling off at the previous year. Overall, the export price posted a temperate expansion. The most prominent rate of growth was recorded in 2015 an increase of 186%. Over the period under review, the average export prices reached the peak figure at $78 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($31 per unit), while the average price for exports to Canada ($1 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 Singapore (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s into Vietnam skyrocketed to 9.2K units, rising by 89% against 2021 figures. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 173%. As a result, imports attained the peak of 21K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s skyrocketed to $499K in 2022. In general, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 159%. As a result, imports reached the peak of $910K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. South Korea (3.5K units)
2. India (3.1K units)
3. Sweden (0.7K units)
4. Russia (0.7K units)
5. Taiwan (Chinese) (0.4K units)
6. China (0.3K units)
7. Singapore (0.1K units)

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

In 2022, overseas shipments of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s decreased by -36.3% to 181 units, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 13,014%. As a result, the exports reached the peak of 8.7K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s fell rapidly to $4.1K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 10,152% against the previous year. As a result, the exports attained the peak of $138K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Spain (119.0 units)
2. Philippines (37.0 units)
3. Germany (15.0 units)
4. Sweden (8.0 units)

Source: IndexBox Market Intelligence Platform