Vietnam - Primary Cells And Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Vietnam - Primary Cells And Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights

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Price for Primary Cells and Primary Batteries in Vietnam - 2022

Contents:

  1. Price for Primary Cells and Primary Batteries in Vietnam (CIF) - 2022
  2. Price for Primary Cells and Primary Batteries in Vietnam (FOB) - 2022
  3. Imports of Primary Cells and Primary Batteries in Vietnam
  4. Exports of Primary Cells and Primary Batteries in Vietnam

Price for Primary Cells and Primary Batteries in Vietnam (CIF) - 2022

The average import price for primary cells and primary batteries stood at $2.7 per unit in December 2022, shrinking by -16.7% against the previous month. Overall, the import price showed a mild decrease. The pace of growth was the most pronounced in August 2022 when the average import price increased by 29% against the previous month. The import price peaked at $3.4 per unit in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was China ($3.7 per unit), while the price for Singapore ($533 per thousand units) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Primary Cells and Primary Batteries in Vietnam (FOB) - 2022

In 2022, the average export price for primary cells and primary batteries amounted to $1.3 per unit, increasing by 94% against the previous year. Overall, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices hit record highs at $2.3 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6.6 per unit), while the average price for exports to Thailand ($0.2 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 Myanmar (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Primary Cells and Primary Batteries in Vietnam

After three years of growth, purchases abroad of primary cells and primary batteries decreased by -16.2% to 489M units in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of 583M units, and then reduced rapidly in the following year.

In value terms, primary cells and primary batteries imports reduced modestly to $307M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 61%. Over the period under review, imports attained the peak figure at $316M in 2021, and then fell in the following year.

Import of Primary Cells and Primary Batteries in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14523926122014.9%
Japan6.44.88.223.153.4%
Indonesia13.114.312.614.73.9%
Singapore3.32.93.212.053.8%
Hong Kong SAR3.03.44.97.233.9%
South Korea4.67.75.06.210.5%
Others9.625.021.423.434.6%
Total18529731630718.4%

Top Suppliers of Primary Cells and Primary Batteries to Vietnam in 2022:

  1. China (374.4M units)
  2. Hong Kong SAR (50.9M units)
  3. Japan (30.3M units)
  4. Singapore (18.9M units)
  5. South Korea (6.0M units)
  6. Indonesia (1.3M units)

Exports of Primary Cells and Primary Batteries in Vietnam

After three years of growth, overseas shipments of primary cells and primary batteries decreased by -61.9% to 34M units in 2022. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 151%. As a result, the exports reached the peak of 90M units, and then reduced markedly in the following year.

In value terms, primary cells and primary batteries exports shrank markedly to $45M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year. The exports peaked at $61M in 2021, and then fell dramatically in the following year.

Export of Primary Cells and Primary Batteries in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines2.2N/AN/A9.160.5%
Myanmar0.30.30.45.7166.8%
China1.72.84.54.740.4%
Netherlands0.10.71.44.1244.8%
CanadaN/A0.31.33.6246.4%
United KingdomN/A0.30.31.9151.7%
MexicoN/AN/A2.41.4-41.7%
Lao People's Democratic Republic0.70.81.21.322.9%
Hong Kong SAR1.18.04.91.22.9%
Cambodia1.71.81.30.6-29.3%
United States1.58.029.80.4-35.6%
India0.10.21.70.458.7%
Thailand0.1N/A0.10.10.0%
Others3.85.811.510.540.3%
Total13.529.160.844.949.3%

Top Export Markets for Primary Cells and Primary Batteries from Vietnam in 2022:

  1. United States (undefinedM units)
  2. Philippines (13.3M units)
  3. China (3.9M units)
  4. Myanmar (3.4M units)
  5. Hong Kong SAR (2.0M units)
  6. India (1.4M units)
  7. Mexico (1.2M units)
  8. Lao People's Democratic Republic (1.1M units)
  9. Canada (0.9M units)
  10. United Kingdom (0.9M units)
  11. Netherlands (0.6M units)
  12. Thailand (0.6M units)
  13. Cambodia (0.5M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for primary cells and primary batteries in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27201100 - Primary cells and primary batteries
  • Prodcom 27201110 -
  • Prodcom 27201115 -
  • Prodcom 27201120 -
  • Prodcom 27201125 -
  • Prodcom 27201130 -
  • Prodcom 27201140 -
  • Prodcom 27201150 -
  • Prodcom 27201155 -
  • Prodcom 27201160 -
  • Prodcom 27201170 -
  • Prodcom 27201175 -
  • Prodcom 27201190 -

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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