Thailand: Market for Primary Cells And Primary Batteries 2024

Market Size for Primary Cells And Primary Batteries in Thailand

The Thai market for primary cells and primary batteries soared to $X in 2022, growing by X% against the previous year. Overall, consumption, however, continues to indicate a perceptible curtailment. Primary cells and primary batteries consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Primary Cells And Primary Batteries in Thailand

In value terms, primary cells and primary batteries production expanded slightly to $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 remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Primary Cells And Primary Batteries

Exports from Thailand

In 2022, overseas shipments of primary cells and primary batteries increased by X% to X units, rising for the third consecutive year after four years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, primary cells and primary batteries exports declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for primary cells and primary batteries exports from Thailand, accounting for a X% share of total exports. Moreover, primary cells and primary batteries exports to Japan exceeded the volume sent to the second major destination, the United States (X units), tenfold. Canada (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

In value terms, Japan ($X) remains the key foreign market for primary cells and primary batteries exports from Thailand, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average export price for primary cells and primary batteries amounted to $X per unit, reducing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Vietnam ($X 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Primary Cells And Primary Batteries

Imports into Thailand

In 2022, overseas purchases of primary cells and primary batteries increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, primary cells and primary batteries imports reached $X in 2022. Overall, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Indonesia (X units) and Japan (X units) were the main suppliers of primary cells and primary batteries imports to Thailand, together comprising X% of total imports. Germany, Singapore and Malaysia lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Indonesia ($X) and Japan ($X) were the largest primary cells and primary batteries suppliers to Thailand, with a combined X% share of total imports. Germany, Singapore and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Malaysia, with a CAGR of X%, saw 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

In 2022, the average import price for primary cells and primary batteries amounted to $X per unit, reducing by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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