Research Report on China's Lithium-ion Battery Export 2023-2032

Research Report on China's Lithium-ion Battery Export 2023-2032

Lithium batteries are widely used in electric vehicles, energy storage, consumer electronics and other fields. Lithium batteries are divided into disposable batteries and lithium-ion batteries, of which lithium-ion batteries account for most of the market share of lithium batteries.

As downstream applications continue to expand, the global market demand for lithium-ion batteries continues to rise. According to CRI's analysis, China is the world's leading producer and exporter of lithium-ion batteries, exporting large quantities of lithium-ion batteries every year.

In 2021, China exported 3.427 billion lithium-ion batteries, up 54.34% year-on-year, with an export value of US$28.423 billion, up 78.32% year-on-year. From January to October 2022, China exported 3.195 billion lithium-ion batteries, up 18.16% year-on-year, with an export value of US$39.754 billion, up 82.74% year-on-year.

CRI analysis shows that the average price of China's lithium-ion battery exports grows continuously from 2018-2022.The average price of China's lithium-ion battery exports maintains a 10%-15% growth rate in 2018-2021, rising from US$5.58 each in 2018 to US$8.29 each in 2020.From January to October 2022, the average price of China's lithium-ion battery exports was US$12.44 each, up 54.65% year-on-year.

In 2021, China exported lithium-ion batteries to more than two hundred countries and regions worldwide. CRI analysis shows that Hong Kong SAR, Vietnam, India, the United States, South Korea, Germany, Poland, Malaysia, Hungary and Taiwan are China's major lithium-ion battery export destinations by export volume.

Among them, Hong Kong SAR is the largest destination for China's lithium-ion battery exports. According to CRI's analysis, in 2021, China exported 675 million lithium-ion batteries to Hong Kong, China, accounting for 19.70% of total lithium-ion battery exports in that year, with an export value of US$2.279 billion, accounting for 8.02% of total exports. If divided by export value, the U.S. is the largest destination for China's lithium-ion battery exports. In 2021, China's exports of lithium-ion batteries to the U.S. amounted to US$4.971 billion, accounting for 17.49% of total exports.

China is the world's leading producer and exporter of lithium-ion batteries. With the development of new industries such as electric vehicles worldwide, CRI expects that China's lithium-ion battery export market has a bright future.

Topics covered:

• China's Lithium-ion Battery Export Status and Major Sources in 2018-2022 
• What is the Impact of COVID-19 on China's Lithium-ion Battery Export?
• Which Companies are the Major Players in China's Lithium-ion Battery Export Market and What are their Competitive Benchmarks?
• Key Drivers and Market Opportunities in China's Lithium-ion Battery Export   
• What are the Key Drivers, Challenges, and Opportunities for China's Lithium-ion Battery Export during 2023-2032?
• What is the Expected Revenue of China's Lithium-ion Battery Export during 2023-2032?
• What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
• What are the Competitive Advantages of the Major Players in China's Lithium-ion Battery Export Market?
• Which Segment of China's Lithium-ion Battery Export is Expected to Dominate the Market in 2032?
• What are the Major Adverse Factors Facing China's Lithium-ion Battery Export?