Northern America: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Northern America

The North American primary cell and battery market reached $X in 2022, growing by X% against the previous year. Overall, consumption saw a noticeable decrease. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Primary Cells and Batteries in Northern America

In value terms, primary cell and battery production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible contraction. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Primary Cells and Batteries

Exports in Northern America

For the seventh year in a row, Northern America recorded decline in shipments abroad of primary cells and batteries, which decreased by X% to X units in 2022. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary cell and battery exports rose markedly to $X in 2022. Over the period under review, exports saw a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Canada (X units) held a minor share of total exports.

Exports from the United States decreased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest primary cell and battery supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Primary Cells and Batteries

Imports in Northern America

After two years of growth, supplies from abroad of primary cells and batteries decreased by X% to X units in 2022. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then shrank slightly in the following year.

In value terms, primary cell and battery imports rose markedly to $X in 2022. The total import 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 in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. It was distantly followed by Canada (X units), achieving a X% share of total imports.

The United States was also the fastest-growing in terms of the primary cells and batteries imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported primary cells and batteries in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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