U.S. Primary Battery Market. Analysis And Forecast to 2030
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View PricingPrimary Battery Price in the United States - 2023
Contents:
- Primary Battery Price in the United States (CIF) - 2022
- Primary Battery Price in the United States (FOB) - 2022
- Primary Battery Imports in the United States
- Primary Battery Exports in the United States
Primary Battery Price in the United States (CIF) - 2022
In 2022, the average primary battery import price amounted to $0.2 per unit, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $0.3 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1.4 per unit), while the price for Poland ($0.1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced a decline.
Primary Battery Price in the United States (FOB) - 2022
The average primary battery export price stood at $1.5 per unit in 2022, surging by 13% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2019 when the average export price increased by 15% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4.4 per unit), while the average price for exports to Poland ($0.4 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Primary Battery Imports in the United States
In 2022, purchases abroad of primary batteries decreased by -5.7% to 4.6B units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%. Over the period under review, imports hit record highs at 4.9B units in 2021, and then reduced in the following year.
In value terms, primary battery imports rose markedly to $1.1B in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Primary Battery in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 301 | 348 | 326 | 379 | 8.0% |
Singapore | 126 | 147 | 183 | 178 | 12.2% |
Japan | 73.5 | 61.0 | 89.0 | 113 | 15.4% |
Indonesia | 62.7 | 67.3 | 85.4 | 78.7 | 7.9% |
Malaysia | 56.7 | 67.9 | 50.5 | 47.0 | -6.1% |
Belgium | 20.1 | 25.5 | 34.5 | 35.9 | 21.3% |
Vietnam | 1.3 | 2.9 | 7.5 | 22.3 | 157.9% |
Poland | 11.7 | 13.2 | 14.8 | 13.8 | 5.7% |
Others | 248 | 235 | 238 | 263 | 2.0% |
Total | 901 | 969 | 1,028 | 1,131 | 7.9% |
Top Suppliers of Primary Battery to the United States in 2022:
- China (2348.1M units)
- Indonesia (607.6M units)
- Singapore (493.1M units)
- Japan (377.1M units)
- Belgium (282.8M units)
- Poland (109.1M units)
- Vietnam (95.5M units)
- Malaysia (90.2M units)
Primary Battery Exports in the United States
For the third year in a row, the United States recorded decline in shipments abroad of primary batteries, which decreased by -6.4% to 576M units in 2022. Overall, exports recorded a deep contraction. The exports peaked at 763M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, primary battery exports expanded sharply to $839M in 2022. In general, exports continue to indicate a perceptible slump. Over the period under review, the exports attained the peak figure at $940M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Primary Battery in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 162 | 145 | 150 | 186 | 4.7% |
Mexico | 132 | 151 | 127 | 151 | 4.6% |
Singapore | 51.3 | 44.5 | 51.9 | 50.9 | -0.3% |
Poland | 42.2 | 31.8 | 28.9 | 28.6 | -12.2% |
Belgium | 17.7 | 34.6 | 14.7 | 13.8 | -8.0% |
South Korea | 104 | 49.9 | 15.4 | 10.7 | -53.1% |
Chile | 5.3 | 4.6 | 9.8 | 9.0 | 19.3% |
Costa Rica | 3.2 | 2.6 | 3.7 | 6.4 | 26.0% |
Colombia | 8.4 | 4.5 | 5.0 | 5.1 | -15.3% |
Panama | 4.4 | 7.2 | 7.1 | 4.9 | 3.7% |
Hong Kong SAR | 22.7 | 9.8 | 6.0 | 4.9 | -40.0% |
Others | 387 | 330 | 373 | 368 | -1.7% |
Total | 940 | 816 | 793 | 839 | -3.7% |
Top Export Markets for Primary Battery from the United States in 2022:
- Canada (225.7M units)
- Mexico (109.5M units)
- Poland (67.8M units)
- Belgium (23.8M units)
- Chile (15.6M units)
- Costa Rica (12.6M units)
- Singapore (11.6M units)
- Colombia (9.6M units)
- Panama (8.9M units)
- South Korea (3.9M units)
- Hong Kong SAR (2.1M units)
This report provides an in-depth analysis of the primary battery market in the U.S.. 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:
- NAICS 335912 - Primary battery manufacturing
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This article provides data on the primary battery import prices and imports in the United States in January 2023. The primary battery price stood at $297 per thousand units (CIF, US), rising by 21% against the previous month, and the most prominent rate of growth was recorded in February 2022 when the average import price increased by 25% against the previous month. In terms of primary battery imports, approximately 374M units of primary batteries were imported into the United States; increasing by 9.4% against the month before. China constituted the largest primary battery supplier to the United States, with a 53% share of total imports in January 2023. The largest primary battery suppliers to the United States were China ($32M), Singapore ($31M) and Japan ($8.7M), together accounting for 64% of total imports.
U.S. primary battery imports soared to over $1B in 2021. In physical terms, imports peaked at 4.9B units last year.
The revenue of the primary battery market in the U.S. amounted to $3.5B in 2018, standing approx. at the previous year. Th...
The U.S. takes third place in global noncurrent-carrying wiring device exports with a X% share (based on USD), following China (X%) and Japan (X%). In 2015, the U.S. exported X million USD, -X% under the previous year.
The price of Switchgear And Switchboard Apparatus in August 2023 was $6.5 per unit (CIF, US), which remained relatively unchanged from the previous month.
In value terms, switchgear and switchboard apparatus imports soared to $1.7B in March 2023.
In November 2022, the switchgear and switchboard apparatus price amounted to $5.5 per unit (CIF, US), picking up by 9.5% against the previous month.
In value terms, switchgear and switchboard apparatus production amounted to $10.4B in 2018. Exports from the U.S.
The U.S. takes an X% share (based on USD) of global switchgear and switchboard apparatus imports, which put it in second place, following China (X%). In 2015, U.S. switchgear and switchboard apparatus imports totaled X
During the review period, the number of imports in the storage battery industry reached its peak in November 2022, with 114M units. However, from December 2022 to November 2023, imports showed a slightly lower figure. In terms of value, storage battery imports significantly grew to $2.7B in November 2023.