addtime：2021-08-21 author：xinyuren hits：21
1. analysis on import and export status and regional market pattern of china's lithium ion batteries in 2021
import and export volume of lithium ion battery industry: the import scale increased steadily
from 2017 to 2020, in terms of import and export volume, china's lithium-ion battery import volume continued to decline, export volume continued to rise, and net export volume continued to increase. in 2020, china will import 1.422 billion lithium-ion batteries, export 2.221 billion, and net export 799 million.
in terms of export regions, the top ten export regions of lithium-ion batteries in china are the united states, hong kong, germany, vietnam, south korea, japan, india, the netherlands, poland and spain. among them, the amount exported to the united states in 2020 was us $2.486 billion, accounting for 15.60% of the total export volume; the amount exported to hong kong, china was us $1.862 billion, accounting for 11.68%.
in terms of the concentration of import and export countries, china's import concentration of lithium-ion batteries is slightly higher than that of export. in 2020, the import cr5 of lithium-ion batteries reached 55% and cr10 reached 74%; the export cr5 of lithium-ion battery is 68%, and the cr10 exceeds 80%.
2. in the first half of the year, china produced 10.69 billion lithium-ion batteries
on august 17, the ministry of industry and information technology released the economic operation of the battery industry from january to june 2021. the announcement shows that in terms of production, from january to june 2021, among the main products of the national battery manufacturing industry, the output of lithium-ion batteries was 10.69 billion, a year-on-year increase of 44.1%; the output of lead-acid battery was 127.548 million kva, a year-on-year increase of 29.7%; the output of primary batteries and primary battery packs (non buckle) was 20.62 billion, a year-on-year increase of 14.6%. in june, the output of lithium-ion batteries in china was 2.03 billion, a year-on-year increase of 21.2%; the output of lead-acid battery was 23.406 million kva, a year-on-year increase of 16.2%; the output of primary batteries and primary battery packs (non buckle) was 3.47 billion, a year-on-year decrease of 4.6%. in terms of benefits, from january to june 2021, the operating revenue of battery manufacturing enterprises above designated size in china was 490.86 billion yuan, a year-on-year increase of 53.9%, and the total profit was 25.96 billion yuan, a year-on-year increase of 108.2%.
3. south korea lg chemical vs china ningde era, comparison of "one brother" of lithium battery between china and south korea
comparison of industrial chain layout: the business of ningde era is more concentrated and coordinated
lg chemical's business includes four sectors: battery, life science, cutting-edge materials and petrochemical industry. the business among the four sectors is relatively independent. the battery and petrochemical sector is the company's core business, accounting for more than 80% in 2020, of which the revenue of lithium battery accounts for 41.1%. ningde era's business is more concentrated and its layout in the lithium battery industry chain is more perfect. it has layout in the upstream and midstream of the lithium battery industry chain. in 2020, in the middle reaches, ningde times power battery business accounted for 78.4%, energy storage system accounted for 6.8%, accounting for 85.2% in total, and in the upstream, lithium battery materials accounted for 6.8%.
performance comparison: lg chemistry is ahead of ningde era
in terms of revenue, from 2018 to 2020, the revenue of lithium battery business of lg chemical and ningde era increased steadily. in 2020, the revenue of lithium battery business of lg chemical was 73.9 billion yuan, with a total revenue of 173.235 billion yuan; ningde times lithium battery business revenue was 41.369 billion yuan, with a total revenue of 50.319 billion yuan.
comparison of market share: ningde era ranks first in the global market share, and lg chemical has a rapid growth rate
in terms of market share, according to the installed capacity data of power lithium battery, from 2019 to 2021, ningde era and lg chemical were the leaders of global batteries. from the trend, the market share of lg chemical increased rapidly, increased by nearly 12 percentage points in one and a half years, but the market share of ningde era decreased by 2.44 percentage points.
in the first half of 2021, the market share of ningde era was 25.60%, ranking first in the world, and the market share of lg chemical was 24.05%, ranking second in the world.
comparison of production capacity and planning: the production capacity of lg chemical is nearly twice that of ningde era
in terms of capacity, in 2020, the lithium battery capacity of lg chemical was 120gwh, that of ningde era was 69.1gwh, and that of lg chemical was nearly twice that of ningde era. according to lg chemical's medium-term plan, the company's lithium battery capacity will reach 260gwh in the future. according to the company's announcement, the cumulative capacity of lithium battery under construction disclosed by ningde times is 77.5gwh. after the capacity is completed, the capacity of ningde times will at least reach 146.6 gwh in the future.
4. automobile power battery supply report released: ningde times only ranked second
on august 18, according to the report of market research company ev volumes, lg energy solution is the largest power battery provider of pure electric vehicles and plug-in hybrid vehicles in the first half of 2021, and ningde times ranks second.
lg energy solution provided 30.8gwh power battery in the first half of the year, with a market share of 27%; in the first half of the year, the power battery supply of ningde era was 26.2gwh, with a market share of 23%, and panasonic ranked third with 18.9gwh and 17%. the supply of these three power batteries is in the first echelon of the industry, and later enterprises are far behind. byd's power battery supply in the first half of the year was 7.7gwh, with samsung sdi and sk innovation ranking fifth and sixth respectively.
5. yiwei lithium energy won the order of 1gwh energy storage battery in the united states
recently, foreign media reported that powin energy, an american energy storage system integrator, signed a two-year general supply agreement with yiwei lithium energy, which will become the battery supplier of powin battery energy storage system (bess) project.
powin said that after signing the contract, yiwei lithium energy will be delivered before this year to provide it with nearly 500mwh energy storage products. in addition, 500mwh of at least the same scale in the second year means that yiwei lithium energy will supply at least 1gwh of lfp battery for powin.
6. doubling of h1 small power business of hengdian dongci
on august 18, hengdian dongci disclosed its semi annual report. in the first half of 2021, it realized a revenue of 5.691 billion yuan, a year-on-year increase of 79.36%; the net profit attributable to the parent company was 546 million yuan, a year-on-year increase of 58.9%. among them, the revenue from lithium battery business was 324 million yuan, a year-on-year increase of 96.94%.
hengdian dongci said that the performance growth of lithium battery is a small power, the market is heating up, and the demand for lithium battery is accelerating. after its cylindrical battery withdrew from the large power market and turned strategically to small power, its business situation has been greatly improved, and the gap between supply and demand is gradually emerging.
7. twelve lithium battery projects are put into operation "in progress"
it is reported that many projects of 12 enterprises, including avic lithium battery, penghui energy, hengdian dongci, lanjun new energy, new zhoubang, lanketu and anada, have been put into operation or will be put into operation in the near future.
hengdian dongci: it was announced on august 16 that the project with a total investment of 612 million yuan and an annual output of 148 million high-performance lithium batteries was put into operation, and the total capacity of lithium batteries after full production was about 2.5gwh.
avic lithium battery: in early july this year, the 10gwh project of avic lithium battery xiamen phase i project was completed. the project invested 5 billion yuan to build 10gwh capacity. at present, it is in the stage of equipment commissioning, and will be opened and put into operation successively according to the equipment commissioning.
lanjun new energy: the first phase of the ai intelligent power and energy storage battery factory of lanjun new energy under qingshan industry, located in fengxian district, shanghai, was officially put into operation in july. the project was officially started in november 2020, with an investment of 390 million yuan. the design annual output of phase i is 1gwh.
penghui energy: penghui energy 40135 electrodeless ear battery is expected to be put into operation at the end of september. at present, the production line is in the stage of trial production and commissioning. the customer's order intention is mainly in the fields of energy storage, low-speed electric vehicles and two wheeled vehicles. in addition, the 4gwh square aluminum shell capacity of gp energy is expected to be put into operation in the second half of the year, half of which is used as automobile power battery and half as energy storage battery.
time gac: gac group said on the interactive platform in july that the joint venture plant of gac and ningde battery is expected to be put into operation in the second half of 2021, mainly responsible for the production and supply of power batteries. the main plant of times gac was officially capped at the end of last year. the total production capacity of the project is 15gwh, which is constructed in two phases. it is planned to be put into operation in october this year.
blue lithium core: blue lithium core said on the interactive platform in august that zhangjiagang lithium battery phase ii project is in the equipment installation stage. at present, it is expected to be put into operation in october, and about 300 million will be added after it is put into operation.
ganfeng lithium industry: ganfeng lithium industry said on the investor interaction platform on july 21 that dongguan ganfeng 30 million / year full-automatic polymer lithium battery production line was put into operation, and the company's consumer batteries will continue to expand production capacity in the future.
yiwei lithium energy: it is understood that yiwei lithium energy supplies huawei with 3gwh energy storage capacity, which will be put into operation and delivered this year.
xinzhoubang: xinzhoubang said on the investor interaction platform in july that some projects planned to be put into operation in the second half of this year mainly include jingmen lithium battery material project (phase i) and nantong xinzhoubang 25000 ton new electronic chemicals project.
lanketu: the total investment of lanketu lithium battery diaphragm project is 800 million yuan. at present, the fourth workshop of the project has been successfully put into operation. it is expected that the annual output of each production line will reach 70 million to 100 million square meters of battery diaphragm.
anada: anada announced in august that the second phase of the 50kt / a battery grade nano iron phosphate expansion project of tongling nayuan, a holding subsidiary, has been completed and put into operation recently. the products have been recognized and used by customers, and customers require continuous supply. in the future, it will be further optimized according to the operation of the unit to make the unit reach production as soon as possible. the completion and operation of the project will increase the capacity of iron phosphate of tongling nayuan to 50000 tons / year.
nanshan aluminum: nanshan aluminum said on the interactive platform on august 16 that leading enterprises in the industry such as ningde times, byd and guoxuan high tech are customers of the company's power battery foil products. the current production of battery foil is converted from the original packaging production line, and the special power battery foil production line with an annual output of 21000 tons is planned to enter the trial production state in september. after the project is completed, the annual output of high-quality power battery foil products can reach at least 30000 tons. 8. phillips 66, a us oil refining giant, plans to enter the field of electric vehicle batteries on a large scale.
9. in 2025, china's energy storage lithium battery shipment is expected to reach 180gwh
according to the prediction of ggii, by 2025, china's energy storage lithium battery shipment is expected to reach 180gwh, an increase of more than 10 times over the scale in 2020, with a five-year compound growth rate of more than 60%.
in the first half of 2021, the energy storage lithium battery market showed explosive growth, and the global and chinese shipment scale increased by 80.2% and 101.8% respectively year-on-year. since 2021, energy storage lithium battery enterprises have generally entered the state of full orders, insufficient capacity and planned significant expansion of production. at the same time, the policy layer defines the independent market position of energy storage and puts forward the installed capacity target of 30gw in 2025.
in addition, the power market-oriented reform is being further promoted, which is conducive to the real formation of the energy storage business model. power generation side energy storage applications such as new energy consumption will become the market with the largest medium and short-term growth potential. ggii expects that by the end of the 14th five year plan period, china's shipment of energy storage lithium batteries will reach 180gwh, with a five-year compound growth rate of more than 60%.
favorable policies continue, and energy storage is about to usher in an inflection point
since july 2021, the central ministries and commissions have intensively issued the guidance on accelerating the development of new energy storage (hereinafter referred to as the guidance) and the notice on encouraging renewable energy power generation enterprises to build or purchase peak shaving capacity to increase the scale of grid connection (hereinafter referred to as the notice), and proposed to realize the transformation of new energy storage from the initial stage of commercialization to large-scale development by 2025, the installed capacity will reach more than 30gw, and the comprehensive market-oriented development of new energy storage will be realized by 2030. under the condition of carbon peak and carbon neutralization, the inflection point of new energy storage is coming.
from the perspective of competition pattern, the energy storage lithium battery market has not yet formed a stable competition pattern. the participants are mainly concentrated in china, japan and south korea, such as panasonic, samsung sdi, lgc, china's byd (freddy battery), catl, paineng technology, zhongtian, guoxuan, nandu, shuangdeng, etc.