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

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $162 per unit, growing by 7.1% against the previous year. In general, the import price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 130% against the previous year. The import price peaked at $632 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($185 per unit), while the price for Japan amounted to $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3,795.1%), 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 Singapore (FOB) - 2022

In 2022, the average export price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $71 per unit, growing by 15% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 49%. The export price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +18.3% per year.

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

For the fourth year in a row, Singapore recorded growth in overseas purchases of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s, which increased by 197% to 2.2K units in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $54K in 2022. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Japan (2.1K units)

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

In 2022, the amount of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s exported from Singapore expanded remarkably to 1.1K units, with an increase of 12% against 2021 figures. Over the period under review, exports, however, faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 261% against the previous year. Over the period under review, the exports of hit record highs at 5K 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 fell remarkably to $49K in 2022. Overall, exports, however, faced a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 98%. The exports peaked at $169K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Malaysia (1.1K units)

Source: IndexBox Market Intelligence Platform