Price for Electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square) in Kuwait - 2022

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s amounted to $45 per unit, surging by 12% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 41%. Over the period under review, average import prices attained the maximum at $51 per unit in 2018; however, from 2019 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 Japan ($87 per unit), while the price for China ($36 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s imported into Kuwait skyrocketed to 9.7K units, rising by 16% compared with 2021. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, imports of attained the maximum at 10K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of electric accumulators; nickel-metal hydride, including separators, whether or not rectangular (including square)s surged to $439K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%. As a result, imports attained the peak of $442K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Electric Accumulators; Nickel-Metal Hydride, Including Separators, Whether or Not Rectangular (Including Square) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.771.564.822395.8%
Japan64.985.479.710718.1%
United States23.016.617.685.354.8%
Malaysia23.751.210.63.2-48.7%
United Kingdom15.012025.93.0-41.5%
France14.79.61.9N/A-64.0%
Hungary28.29.80.2N/A-91.6%
United Arab Emirates18.70.383.8N/A111.7%
Singapore35.653.320.8N/A-23.6%
Others29.924.833.217.1-17.0%
Total28344233843915.8%

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

  1. China (6.2K units)
  2. United States (2.0K units)
  3. Japan (1.2K units)
  4. United Kingdom (0.1K units)
  5. Malaysia (0.1K units)

Source: IndexBox Market Intelligence Platform

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