Hong Kong SAR, China - Lithium-Ion Accumulators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLithium-Ion Accumulator Price in Hong Kong SAR - 2023
Contents:
- Lithium-Ion Accumulator Price in Hong Kong SAR (CIF) - 2023
- Lithium-Ion Accumulator Price in Hong Kong SAR (FOB) - 2023
- Lithium-Ion Accumulator Imports in Hong Kong SAR
- Lithium-Ion Accumulator Exports in Hong Kong SAR
Lithium-Ion Accumulator Price in Hong Kong SAR (CIF) - 2023
The average lithium-ion accumulator import price stood at $4.7 per unit in June 2023, declining by -6.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 24% against the previous month. The import price peaked at $6.2 per unit in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was China ($5.8 per unit), while the price for Japan ($1.5 per unit) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Lithium-Ion Accumulator Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average lithium-ion accumulator export price amounted to $4.7 per unit, shrinking by -7.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices reached the peak figure at $6.8 per unit in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($24.1 per unit), while the average price for exports to China ($1.9 per unit) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Lithium-Ion Accumulator Imports in Hong Kong SAR
In 2022, supplies from abroad of lithium-ion accumulators decreased by -35.3% to 771M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of 1.2B units, and then fell rapidly in the following year.
In value terms, lithium-ion accumulator imports dropped remarkably to $3.7B in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $4.6B, and then dropped remarkably in the following year.
| Import of Lithium-Ion Accumulator in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,992 | 2,434 | 3,785 | 3,184 | 16.9% |
| Malaysia | 266 | 253 | 277 | 280 | 1.7% |
| Japan | 50.0 | 62.2 | 64.9 | 68.0 | 10.8% |
| Singapore | 127 | 64.4 | 109 | 55.3 | -24.2% |
| Germany | 3.9 | 58.3 | 94.9 | 39.3 | 116.0% |
| South Korea | 232 | 218 | 168 | 25.6 | -52.0% |
| Others | 42.8 | 77.9 | 59.5 | 63.0 | 13.8% |
| Total | 2,714 | 3,168 | 4,558 | 3,715 | 11.0% |
Top Suppliers of Lithium-Ion Accumulator to Hong Kong SAR in 2022:
- China (503.2M units)
- Malaysia (165.6M units)
- Japan (39.2M units)
- Singapore (20.1M units)
- Germany (19.7M units)
- South Korea (12.3M units)
Lithium-Ion Accumulator Exports in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of lithium-ion accumulators, when their volume decreased by -16.2% to 877M units. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%. Over the period under review, the exports attained the maximum at 1B units in 2021, and then reduced remarkably in the following year.
In value terms, lithium-ion accumulator exports contracted to $4.1B in 2022. The total export value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $4.4B, and then fell in the following year.
| Export of Lithium-Ion Accumulator in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,206 | 1,142 | 1,222 | 996 | -6.2% |
| South Korea | 28.2 | 173 | 580 | 752 | 198.8% |
| India | 521 | 396 | 513 | 600 | 4.8% |
| United States | 316 | 306 | 315 | 270 | -5.1% |
| Vietnam | 51.6 | 117 | 97.6 | 174 | 50.0% |
| Japan | 130 | 194 | 264 | 129 | -0.3% |
| Taiwan (Chinese) | 52.3 | 46.1 | 67.9 | 89.6 | 19.7% |
| Brazil | 76.5 | 123 | 55.6 | 63.8 | -5.9% |
| Others | 717 | 889 | 1,252 | 1,030 | 12.8% |
| Total | 3,099 | 3,385 | 4,368 | 4,104 | 9.8% |
Top Export Markets for Lithium-Ion Accumulator from Hong Kong SAR in 2022:
- China (484.8M units)
- India (114.8M units)
- Vietnam (49.6M units)
- United States (36.2M units)
- South Korea (32.7M units)
- Taiwan (Chinese) (20.2M units)
- Brazil (13.7M units)
- Japan (13.4M units)
This report provides an in-depth analysis of the lithium-ion accumulator market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27202350 -
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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