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

Contents:

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

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

In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $123 per unit, growing by 7.1% against the previous year. In general, the import price showed modest growth. The most prominent rate of growth was recorded in 2017 an increase of 100%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($225 per unit), while the price for Hong Kong SAR ($82 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+13.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s into Ecuador shrank to 902 units, approximately mirroring the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 +77.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 80%. As a result, imports attained the peak of 915 units, and then dropped in the following year.

In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s expanded remarkably to $110K in 2022. In general, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 118% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States40.932.844.962.615.2%
China13.28.125.824.522.9%
Hong Kong SAR16.55.131.720.77.9%
Others1.92.12.42.712.4%
Total72.448.110511015.0%

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

  1. United States (535.0 units)
  2. Hong Kong SAR (251.0 units)
  3. China (109.0 units)

Source: IndexBox Market Intelligence Platform

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