Sri Lanka - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators - Market Analysis, Forecast, Size, Trends And Insights

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Price for Nickel and Lithium Accumulators in Sri Lanka - 2021

Contents:

  1. Price for Nickel and Lithium Accumulators in Sri Lanka (CIF) - 2022
  2. Price for Nickel and Lithium Accumulators in Sri Lanka (FOB) - 2022
  3. Imports of Nickel and Lithium Accumulators in Sri Lanka
  4. Exports of Nickel and Lithium Accumulators in Sri Lanka

Price for Nickel and Lithium Accumulators in Sri Lanka (CIF) - 2022

In 2022, the average nickel and lithium accumulators import price amounted to $28 per unit, growing by 63% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 155% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 China ($39 per unit), while the price for Hong Kong SAR ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel and Lithium Accumulators in Sri Lanka (FOB) - 2022

In 2022, the average nickel and lithium accumulators export price amounted to $24 per unit, growing by 8.3% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel and lithium accumulators export price decreased by -26.7% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices reached the maximum at $35 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($25 per unit), while the average price for exports to Seychelles ($2.6 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 China (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel and Lithium Accumulators in Sri Lanka

Nickel and lithium accumulators imports into Sri Lanka fell to 950K units in 2022, stabilizing at the previous year's figure. Over the period under review, imports recorded a abrupt setback. Imports peaked at 1.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, nickel and lithium accumulators imports skyrocketed to $26M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Nickel and Lithium Accumulators in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.66.410.521.6102.5%
Japan1.11.14.21.10.0%
Singapore0.10.1N/A0.791.3%
Malaysia0.10.1N/A0.344.2%
India0.21.00.20.1-20.6%
Hong Kong SAR0.10.2N/A0.10.0%
South Korea0.3N/AN/AN/A0%
Others0.71.11.42.552.9%
Total5.210.016.326.371.7%

Top Suppliers of Nickel and Lithium Accumulators to Sri Lanka in 2022:

  1. China (548.6K units)
  2. Japan (147.7K units)
  3. Singapore (115.4K units)
  4. Hong Kong SAR (54.0K units)
  5. India (17.8K units)
  6. Malaysia (15.9K units)
  7. South Korea (3.5K units)

Exports of Nickel and Lithium Accumulators in Sri Lanka

Nickel and lithium accumulators exports from Sri Lanka shrank sharply to 809 units in 2022, reducing by -93.3% compared with the year before. Overall, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 5%. The exports peaked at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports shrank rapidly to $20K in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of -28.9% was in 2021. Over the period under review, the exports attained the peak figure at $587K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Nickel and Lithium Accumulators in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives4.51555.510.432.2%
United Arab EmiratesN/A7.64.42.1-47.4%
India316116N/A1.7-82.5%
SeychellesN/AN/AN/A0.10%
Oman237N/A241N/A0.8%
Others29.610521.25.4-43.3%
Total58738327219.7-67.7%

Top Export Markets for Nickel and Lithium Accumulators from Sri Lanka in 2022:

  1. Maldives (501.0 units)
  2. United Arab Emirates (107.0 units)
  3. India (66.0 units)
  4. Seychelles (55.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nickel and lithium accumulators in Sri Lanka. 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 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
  • Prodcom 27202310 -
  • Prodcom 27202320 -
  • Prodcom 27202330 -
  • Prodcom 27202340 -
  • Prodcom 27202350 -
  • Prodcom 27202395 -

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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