Report Update: May 1, 2024

Ethiopia - 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 Ethiopia - 2022

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

In 2022, the average nickel and lithium accumulators import price amounted to $15 per unit, picking up by 90% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21 per unit), while the price for Italy ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average nickel and lithium accumulators export price stood at $0.8 per unit in 2022, falling by -99.3% against the previous year. Over the period under review, the export price continues to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 a decrease of -2% against the previous year. Over the period under review, the average export prices reached the maximum at $1,436 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($77 per unit), while the average price for exports to Kenya stood at $6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.6%), while the prices for the other major destinations experienced a decline.

Imports of Nickel and Lithium Accumulators in Ethiopia

In 2022, approx. 1.2M units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were imported into Ethiopia; jumping by 43% compared with the year before. Over the period under review, imports, however, saw a deep slump. Over the period under review, imports reached the peak figure at 2.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators imports skyrocketed to $18M in 2022. In general, imports, however, recorded a mild descent. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Nickel and Lithium Accumulators in Ethiopia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	12.2	3.7	4.4	16.3	10.1%
United States	0.4	0.4	0.2	1.1	40.1%
Turkey	0.1	0.1	0.1	0.1	0.0%
Thailand	0.2	0.1	N/A	N/A	-50.0%
Sweden	0.1	N/A	N/A	N/A	0%
United Arab Emirates	4.3	N/A	N/A	N/A	0%
Mexico	N/A	N/A	0.6	N/A	0%
Italy	0.1	N/A	N/A	N/A	0%
Others	1.3	2.3	1.2	0.4	-32.5%
Total	18.6	6.7	6.6	17.9	-1.3%

Top Suppliers of Nickel and Lithium Accumulators to Ethiopia in 2022:

China (777.3K units)
United States (242.9K units)
Turkey (29.9K units)
Italy (21.5K units)
Thailand (1.9K units)
United Arab Emirates (1.0K units)
Sweden (0.5K units)

Exports of Nickel and Lithium Accumulators in Ethiopia

In 2022, approx. 416 units of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators were exported from Ethiopia; declining by -50.6% on the year before. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 315% against the previous year. Over the period under review, the exports hit record highs at 1.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, nickel and lithium accumulators exports fell significantly to $315 in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 300% against the previous year. Over the period under review, the exports hit record highs at $114K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Nickel and Lithium Accumulators in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	0.1	0.1	0.2	0.3	44.2%
Malawi	93.9	6.9	73.7	N/A	-11.4%
Mozambique	1.6	1.2	1.5	N/A	-3.2%
China	3.7	N/A	N/A	N/A	0%
France	3.9	1.4	0.4	N/A	-68.0%
Kenya	1.9	1.8	3.1	N/A	27.7%
Angola	4.3	1.1	1.0	N/A	-51.8%
Canada	N/A	7.7	N/A	N/A	0%
Others	4.6	1.2	5.6	N/A	10.3%
Total	114	21.4	85.6	0.3	-86.2%

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

United States (4.0 units)
Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for nickel and lithium accumulators in Ethiopia. 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:

Ethiopia

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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