MENA: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2024

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in MENA

The MENA's nickel and lithium accumulators market rose notably to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in MENA

In value terms, nickel and lithium accumulators production expanded notably to $X in 2022 estimated in export price. Overall, production recorded a resilient increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Exports in MENA

For the third year in a row, MENA recorded growth in overseas shipments of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by X% to X units in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nickel and lithium accumulators exports surged to $X in 2022. Overall, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), committing a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) emerged as the largest nickel and lithium accumulators supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%.

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Imports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Imports in MENA

In 2022, approx. X units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were imported in MENA; rising by X% on 2021 figures. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, nickel and lithium accumulators imports soared to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the main importing country with an import of around X units, which resulted at X% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with a X% share, followed by Egypt (X%). Israel (X units), Lebanon (X units) and Oman (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to nickel and lithium accumulators imports into Turkey stood at X%. At the same time, Lebanon (X%), Oman (X%), Egypt (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Turkey (X p.p.), Egypt (X p.p.), Lebanon (X p.p.), Israel (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in MENA, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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