Middle East: 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 the Middle East

The Middle Eastern nickel and lithium accumulators market was estimated at $X in 2022, increasing by X% against the previous year. In general, consumption posted a resilient increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in the Middle East

In value terms, nickel and lithium accumulators production expanded rapidly to $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in the Middle East

In 2022, exports of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in the Middle East soared to X units, jumping by X% against 2021. Overall, exports enjoyed significant growth. 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. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), mixing up 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. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 the Middle East

In 2022, imports of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators in the Middle East soared to X units, rising by X% against the previous year. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, nickel and lithium accumulators imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Turkey (X units) was the key importer of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, committing X% of total imports. It was distantly followed by the United Arab Emirates (X units), committing a X% share of total imports. The following importers - Israel (X units), Lebanon (X units) and Oman (X units) - together made up X% of total imports.

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%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Turkey, Lebanon, Israel and Oman increased by X, X, X and X percentage points, respectively.

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

In Turkey, nickel and lithium accumulators imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, with a decrease of X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked 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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