Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Azerbaijan - 2023

Contents:

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

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

The average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $1.8 per unit in 2022, shrinking by -29.3% against the previous year. Overall, the import price continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2015 an increase of 58%. The import price peaked at $32 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 ($3.1 per unit), while the price for Japan ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s stood at $3 per unit in 2022, dropping by -96.8% against the previous year. Over the period under review, the export price saw a dramatic slump. The pace of growth was the most pronounced in 2016 when the average export price decreased by -34.7% against the previous year. Over the period under review, the average export prices hit record highs at $19,899 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for Luxembourg amounted to +62.2% per year.

Imports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Azerbaijan

In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s imported into Azerbaijan skyrocketed to 105K units, picking up by 15% against 2021 figures. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s dropped rapidly to $193K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 80%. As a result, imports reached the peak of $244K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Japan (41.6K units)
2. China (33.0K units)
3. Malaysia (18.4K units)
4. United Kingdom (10.5K units)

Exports of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Azerbaijan

Exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s from Azerbaijan soared to 36 units in 2022, picking up by 3,500% compared with the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s expanded markedly to $108 in 2022. In general, exports, however, saw a significant contraction. The exports peaked at $20K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Italy (36.0 units)

Source: IndexBox Market Intelligence Platform