Price for Cells and Batteries; Lithium in Estonia - 2023
Contents:
- Price for Cells and Batteries; Lithium in Estonia (CIF) - 2022
- Price for Cells and Batteries; Lithium in Estonia (FOB) - 2022
- Imports of Cells and Batteries; Lithium in Estonia
- Exports of Cells and Batteries; Lithium in Estonia
Price for Cells and Batteries; Lithium in Estonia (CIF) - 2022
In 2022, the average cells and batteries; lithium import price amounted to $1.2 per unit, remaining relatively unchanged against the previous year. Overall, the import price, however, saw pronounced growth. The growth pace was the most rapid in 2020 an increase of 85%. Over the period under review, average import prices reached the peak figure at $1.2 per unit in 2021, and then reduced in the following year.
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 the United States ($20 per unit), while the price for Belgium ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cells and Batteries; Lithium in Estonia (FOB) - 2022
The average cells and batteries; lithium export price stood at $0.6 per unit in 2022, surging by 58% against the previous year. In general, the export price, however, saw a pronounced contraction. Over the period under review, the average export prices reached the peak figure at $0.7 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2.6 per unit), while the average price for exports to Russia ($0.2 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 Lithuania (+4.8%), while the prices for the other major destinations experienced a decline.
Imports of Cells and Batteries; Lithium in Estonia
In 2022, approx. 1.6M units of cells and batteries; lithia were imported into Estonia; dropping by -9.6% against the previous year. Over the period under review, imports faced a sharp curtailment. The smallest decline of -5.1% was in 2021. Over the period under review, imports attained the maximum at 3.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cells and batteries; lithium imports dropped to $1.9M in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -2% was in 2021. Over the period under review, imports reached the maximum at $2.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Cells and Batteries; Lithium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 211 | 418 | 615 | 400 | 23.8% |
| Belgium | 6.1 | 381 | 346 | 336 | 280.5% |
| Netherlands | 5.0 | 193 | 189 | 192 | 237.4% |
| Latvia | 3.5 | 132 | 165 | 184 | 274.6% |
| Poland | 25.4 | 164 | 154 | 180 | 92.1% |
| Finland | 166 | 291 | 125 | 141 | -5.3% |
| Czech Republic | 2.7 | 26.4 | 25.4 | 17.1 | 85.0% |
| China | 700 | 23.0 | 88.0 | 15.5 | -71.9% |
| Indonesia | 561 | N/A | N/A | 0.6 | -89.8% |
| Japan | 121 | N/A | N/A | N/A | 0% |
| Others | 468 | 517 | 396 | 412 | -4.2% |
| Total | 2,271 | 2,145 | 2,102 | 1,877 | -6.2% |
Top Suppliers of Cells and Batteries; Lithium to Estonia in 2022:
- Japan (undefinedK units)
- Belgium (773.3K units)
- Netherlands (213.1K units)
- Poland (180.7K units)
- Germany (144.3K units)
- Latvia (144.2K units)
- Finland (39.5K units)
- Czech Republic (30.6K units)
- China (18.8K units)
- Indonesia (0.6K units)
Exports of Cells and Batteries; Lithium in Estonia
Cells and batteries; lithium exports from Estonia contracted slightly to 2M units in 2022, falling by -3.3% compared with 2021. Over the period under review, exports continue to indicate a slight setback. The growth pace was the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports reached the peak of 2M units, and then dropped in the following year.
In value terms, cells and batteries; lithium exports surged to $1.1M in 2022. Overall, exports, however, recorded a measured expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cells and Batteries; Lithium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 16.5 | 8.3 | 12.2 | 452 | 201.5% |
| Russia | 809 | 231 | 279 | 226 | -34.6% |
| Latvia | 56.2 | 193 | 238 | 141 | 35.9% |
| Lithuania | 57.9 | 103 | 106 | 116 | 26.1% |
| Others | 78.4 | 29.9 | 85.9 | 164 | 27.9% |
| Total | 1,018 | 565 | 721 | 1,099 | 2.6% |
Top Export Markets for Cells and Batteries; Lithium from Estonia in 2022:
- Russia (1298.8K units)
- Latvia (293.8K units)
- Norway (171.2K units)
- Lithuania (167.1K units)
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