Price for Electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square) in Sri Lanka - 2022

Contents:

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

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

The average import price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $172 per unit in 2022, picking up by 204% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2017 when the average import price increased by 257%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Sweden ($1,222 per unit), while the price for China ($7.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.4%), 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 Sri Lanka (FOB) - 2022

The average export price for electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s stood at $77 per unit in 2022, reducing by -61.1% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 198% against the previous year. Over the period under review, the average export prices attained the peak figure at $382 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($102 per unit), while the average price for exports to Haiti totaled $6.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s decreased by -54.4% to 3.5K units, falling for the second year in a row after two years of growth. In general, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 165%. As a result, imports attained the peak of 29K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s skyrocketed to $600K in 2022. Overall, imports saw a pronounced contraction. Imports peaked at $894K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Electric Accumulators; Nickel-Cadmium, Including Separators, Whether or Not Rectangular (Including Square) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden59.510088.721553.5%
Germany47.875.665.712136.3%
France11.48.620.1103108.3%
Italy16.829.929.588.774.1%
India83.611136.446.4-17.8%
China13.314936.76.7-20.4%
Singapore55.329.93.84.8-55.7%
Thailand0.40.70.72.276.5%
South Korea2311480.2N/A-97.1%
Switzerland127159110N/A-6.9%
United Arab Emirates3.915.70.8N/A-54.7%
Others30.966.840.411.3-28.5%
Total681894433600-4.1%

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

  1. Italy (1402.0 units)
  2. China (899.0 units)
  3. Germany (395.0 units)
  4. France (245.0 units)
  5. Sweden (176.0 units)
  6. Thailand (154.0 units)
  7. India (152.0 units)
  8. Singapore (23.0 units)

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

For the third consecutive year, Sri Lanka recorded decline in overseas shipments of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s, which decreased by -73.6% to 19 units in 2022. Overall, exports faced a sharp decline. The smallest decline of -15.8% was in 2020. The exports peaked at 728 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric accumulators; nickel-cadmium, including separators, whether or not rectangular (including square)s dropped markedly to $1.5K in 2022. In general, exports faced a sharp shrinkage. The smallest decline of -46.5% was in 2020. Over the period under review, the exports of attained the peak figure at $202K 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.40.2N/A1.451.8%
HaitiN/AN/AN/AN/A0%
Oman19810513.1N/A-74.3%
Maldives0.70.3N/AN/A-57.1%
Others2.12.61.1N/A-27.6%
Total20210814.31.5-80.5%

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

  1. India (14.0 units)
  2. Haiti (4.0 units)

Source: IndexBox Market Intelligence Platform

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