Price for Cells and Batteries; Primary, Air-Zinc in Latvia - 2023
Contents:
- Price for Cells and Batteries; Primary, Air-Zinc in Latvia (FOB) - 2022
- Price for Cells and Batteries; Primary, Air-Zinc in Latvia (CIF) - 2022
- Exports of Cells and Batteries; Primary, Air-Zinc in Latvia
- Imports of Cells and Batteries; Primary, Air-Zinc in Latvia
Price for Cells and Batteries; Primary, Air-Zinc in Latvia (FOB) - 2022
In 2022, the average export price for cells and batteries; primary, air-zinc amounted to $0.2 per unit, declining by -2.5% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 an increase of 70% against the previous year. Over the period under review, the average export prices hit record highs at $0.4 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3.5 per unit), while the average price for exports to Poland ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+284.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cells and Batteries; Primary, Air-Zinc in Latvia (CIF) - 2022
In 2022, the average import price for cells and batteries; primary, air-zinc amounted to $0.2 per unit, rising by 10% against the previous year. Overall, the import price, however, recorded a perceptible contraction. The growth pace was the most rapid in 2014 when the average import price increased by 87% against the previous year. As a result, import price attained the peak level of $0.4 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($1.2 per unit), while the price for Poland ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cells and Batteries; Primary, Air-Zinc in Latvia
In 2022, cells and batteries; primary, air-zinc exports from Latvia skyrocketed to 1.3M units, increasing by 42% compared with the year before. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cells and batteries; primary, air-zinc exports surged to $270K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cells and Batteries; Primary, Air-Zinc in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 25.2 | 28.3 | 33.1 | 121 | 68.7% |
| Russia | 86.7 | 54.9 | 10.1 | 48.2 | -17.8% |
| Lithuania | 38.8 | 33.6 | 48.1 | 25.0 | -13.6% |
| Poland | N/A | N/A | 3.2 | 24.0 | 650.0% |
| United Arab Emirates | N/A | 14.8 | 11.6 | 22.2 | 22.5% |
| Azerbaijan | 7.2 | 14.8 | 23.3 | 16.5 | 31.8% |
| Hungary | N/A | N/A | 50.5 | N/A | 0% |
| Others | 5.2 | 15.3 | 15.0 | 13.3 | 36.8% |
| Total | 163 | 162 | 195 | 270 | 18.3% |
Top Export Markets for Cells and Batteries; Primary, Air-Zinc from Latvia in 2022:
- Belarus (679.0K units)
- Russia (307.7K units)
- Poland (178.7K units)
- Lithuania (111.7K units)
- United Arab Emirates (6.4K units)
- Azerbaijan (4.7K units)
Imports of Cells and Batteries; Primary, Air-Zinc in Latvia
After three years of growth, supplies from abroad of cells and batteries; primary, air-zinc decreased by -10.1% to 1.3M units in 2022. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of 1.5M units, and then reduced in the following year.
In value terms, cells and batteries; primary, air-zinc imports reduced modestly to $266K in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Over the period under review, imports attained the maximum at $269K in 2021, and then reduced in the following year.
| Import of Cells and Batteries; Primary, Air-Zinc in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 86.4 | 38.9 | 75.7 | 133 | 15.5% |
| Poland | 60.6 | 84.4 | 26.3 | 58.0 | -1.5% |
| Estonia | 7.2 | 1.9 | 5.6 | 41.7 | 79.6% |
| Lithuania | 9.5 | 8.7 | 18.3 | 11.8 | 7.5% |
| China | 11.4 | 14.5 | 10.7 | 5.5 | -21.6% |
| France | N/A | N/A | 75.3 | 4.9 | -93.5% |
| Switzerland | 23.5 | 5.8 | 2.5 | 3.8 | -45.5% |
| United Kingdom | 7.5 | 70.9 | 45.0 | N/A | 144.9% |
| Others | 6.7 | 15.6 | 10.0 | 7.8 | 5.2% |
| Total | 213 | 241 | 269 | 266 | 7.7% |
Top Suppliers of Cells and Batteries; Primary, Air-Zinc to Latvia in 2022:
- Germany (743.0K units)
- Poland (391.8K units)
- Lithuania (42.9K units)
- Estonia (33.9K units)
- China (33.4K units)
- France (32.4K units)
- Switzerland (22.3K units)
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