Price for Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square) in Latvia - 2023

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s amounted to $69 per unit, picking up by 27% against the previous year. In general, the import price saw a strong expansion. The growth pace was the most rapid in 2017 an increase of 155%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($331 per unit), while the price for Ukraine ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+45.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $178 per unit in 2022, picking up by 181% against the previous year. Overall, the export price showed a tangible increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Niger ($778 per unit), while the average price for exports to Estonia ($43 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 Russia (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Latvia recorded decline in overseas purchases of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s, which decreased by -10.2% to 15K units in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. Over the period under review, imports of reached the maximum at 27K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s rose notably to $1M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2302122332999.1%
Poland21.3121160269132.9%
Estonia11710813716111.2%
United States11.814.536.6119116.1%
UkraineN/AN/A52.741.7-20.9%
Germany1302.556.930.3-38.5%
Czech Republic29616413227.0-55.0%
Others12212168.456.5-22.6%
Total9277438781,0042.7%

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

  1. Lithuania (6.5K units)
  2. Estonia (3.2K units)
  3. Ukraine (2.0K units)
  4. Czech Republic (1.0K units)
  5. Poland (0.9K units)
  6. United States (0.4K units)
  7. Germany (0.2K units)

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

In 2022, overseas shipments of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s decreased by -74.9% to 1.2K units, falling for the second year in a row after two years of growth. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 when exports increased by 142%. As a result, the exports attained the peak of 5.2K 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-cadmium, including separators, whether or not rectangular (including square)s shrank markedly to $208K in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 6.5% against the previous year. The exports peaked at $339K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania16.013021.480.171.1%
RussiaN/A13.624.426.439.3%
Estonia17.812.227.719.63.3%
NigerN/AN/AN/A15.60%
United KingdomN/AN/A5.615.0167.9%
GermanyN/A0.20.56.9487.4%
PolandN/AN/AN/A4.80%
AzerbaijanN/A52.7N/AN/A0%
Czech Republic8.99.1N/AN/A2.2%
Belarus2080.63.0N/A-88.0%
Ukraine86.740.2180N/A44.1%
Others1.017.932.539.2239.7%
Total339277295208-15.0%

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

  1. Estonia (459.0 units)
  2. Lithuania (436.0 units)
  3. Russia (57.0 units)
  4. Germany (39.0 units)
  5. Poland (34.0 units)
  6. United Kingdom (33.0 units)
  7. Niger (20.0 units)

Source: IndexBox Market Intelligence Platform

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