Japan leads the global export market of parts of electric accumulators, capturing a significant share in terms of US dollars. South Korea, China, and the United States follow. The largest change was observed in Malaysia with a notable increase of 49.22% over the past year. Fiji showed astonishing growth as well. However, some countries like Belgium and Indonesia experienced declines. Over the past five years, the compounded annual growth rate indicates diversification and fluctuations across various regions, with Asia predominantly driving the market.
Looking ahead, the demand for electric vehicle components and renewable energy storage solutions are anticipated to fuel further growth in electric accumulator exports. Emerging economies may increasingly partake in this sector, while leading exporters could leverage transitions towards greener technologies to bolster market positions.
Top countries in Export of Parts of Electric Accumulators, Including Separators Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 33.55 | 2023 | +4.66% | +2.42% | View data |
| 2 | 2 South Korea | 20.8 | 2023 | +3.69% | +1.8% | View data |
| 3 | 3 China | 9.15 | 2023 | +4.39% | +3.99% | View data |
| 4 | 4 United States | 7.67 | 2023 | +3.24% | +3.93% | View data |
| 5 | 5 Malaysia | 4.64 | 2023 | +0.26% | +49.22% | View data |
| 6 | 6 Thailand | 4.49 | 2023 | +5.61% | +5.9% | View data |
| 7 | 7 Germany | 4.18 | 2023 | +3.31% | +2.96% | View data |
| 8 | 8 Italy | 2.86 | 2023 | +0.8% | +0.26% | View data |
| 9 | 9 Czech Republic | 2.73 | 2023 | +3.72% | +1.88% | View data |
| 10 | 10 United Kingdom | 1.62 | 2023 | -1.8% | -2% | View data |
