Record Number of Lithium-Ion Shipped Batteries in 1-H of 2016

Record Number of Lithium-Ion Shipped Batteries in 1-H of 2016

Record Number of Lithium-Ion Batteries Shipped in 1-H of 2016

Commentary: “Lithium is our new fuel, but like fossil fuels, the reserves miners are currently tapping into are finite, and that is what investors can take to the bank.” PE

Japan and South Korea have both recorded record high levels of lithium-ion battery exports in 1-H of Y 2016, as auto companies ramp up battery consumption to power new all-electric offerings.

Lithium ion battery shipments from Japan, the world’s leading producer topped 33,500 tonnes 1-H of Y 2016, + 17% on 2-H of Y 2015 and over 31% Y-Y.

Similarly, South Korea, a leading exporter to global markets recorded its largest shipments to date, + 26% on Y 2015.

The increases in trade from 2 of the world’s leading battery producers signify the beginning of a period of significant growth in the market and offers further proof that we are headed into a new era for the automotive industry.  

Falling production costs from facility expansions across Asia are allowing for greater adoption of lithium-ion batteries in the automotive and stationary storage sectors.

As OEMs seek to ramp up their electric offerings over the coming 5 years, demand for lithium-ion batteries, and the raw materials needed to produce them, is set to experience explosive growth.

With China at the forefront of these developments, greater supply chain integration is expected domestically, making Japan and South Korea’s production increasingly important around the world.

Lithium-ion-battery-exports-2012-2016

The graph above shows the growth in lithium-ion battery exports from Japan and South Korea since Y 2012.

Have a terrific week.

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.