Latin America and the Caribbean: Market for Primary Cells And Primary Batteries 2024

Market Size for Primary Cells And Primary Batteries in Latin America and the Caribbean

The Latin American market for primary cells and primary batteries contracted to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, posted a temperate increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Primary Cells And Primary Batteries in Latin America and the Caribbean

In value terms, primary cells and primary batteries production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Primary Cells And Primary Batteries

Exports in Latin America and the Caribbean

In 2022, shipments abroad of primary cells and primary batteries decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted modestly in the following year.

In value terms, primary cells and primary batteries exports surged to $X in 2022. In general, exports continue to indicate a slight shrinkage. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X units) and Brazil (X units) were the key exporters of primary cells and primary batteries in 2022, recording approx. X% and X% of total exports, respectively. Panama (X units) took the next position in the ranking, followed by Peru (X units), Mexico (X units) and Guatemala (X units). All these countries together held near X% share of total exports. The Dominican Republic (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Costa Rica (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest primary cells and primary batteries supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

In Mexico, primary cells and primary batteries exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Costa Rica (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. Over the period under review, the export prices attained the peak figure at $X 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced a decline in the export price figures.

Imports of Primary Cells And Primary Batteries

Imports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in overseas purchases of primary cells and primary batteries, when their volume decreased by X% to X units. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, primary cells and primary batteries imports rose notably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

In 2022, Brazil (X units), distantly followed by Mexico (X units), Argentina (X units), Colombia (X units), Peru (X units), Chile (X units) and Haiti (X units) were the major importers of primary cells and primary batteries, together mixing up X% of total imports.

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

In value terms, Mexico ($X) constitutes the largest market for imported primary cells and primary batteries in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Mexico, primary cells and primary batteries imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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