Asia: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Asia

The Asian primary cell and battery market totaled $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Primary Cells and Batteries in Asia

In value terms, primary cell and battery production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 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 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Primary Cells and Batteries

Exports in Asia

In 2022, overseas shipments of primary cells and batteries decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then fell modestly in the following year.

In value terms, primary cell and battery exports declined to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced modestly in the following year.

Exports by Country

China dominates exports structure, reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X units) and Hong Kong SAR (X units), together committing an X% share of total exports. The following exporters - Indonesia (X units), Japan (X units) and Thailand (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), Singapore (X%), Japan (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. Singapore (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while China and Hong Kong SAR saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest primary cell and battery supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In China, primary cell and battery exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Primary Cells and Batteries

Imports in Asia

In 2022, after two years of growth, there was significant decline in supplies from abroad of primary cells and batteries, when their volume decreased by X% to X units. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, primary cell and battery imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Hong Kong SAR (X units) and Japan (X units) were the largest importers of primary cells and batteries in 2022, finishing at near X% and X% of total imports, respectively. China (X units) ranks next in terms of the total imports with a X% share, followed by the United Arab Emirates (X%), India (X%), Malaysia (X%) and Taiwan (Chinese) (X%). The following importers - South Korea (X units), Turkey (X units), Singapore (X units), Vietnam (X units), Thailand (X units) and Yemen (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Malaysia ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Yemen (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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