United Kingdom: Market for Primary Cells And Primary Batteries 2024

Market Size for Primary Cells And Primary Batteries in the UK

In 2022, the UK market for primary cells and primary batteries decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Primary Cells And Primary Batteries in the UK

In value terms, primary cells and primary batteries production fell significantly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Primary cells and primary batteries production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Primary Cells And Primary Batteries

Exports from the UK

In 2022, overseas shipments of primary cells and primary batteries were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, primary cells and primary batteries exports fell to $X in 2022. Over the period under review, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), the United States (X units) and Poland (X units) were the main destinations of primary cells and primary batteries exports from the UK, together accounting for X% of total exports. China, Japan, Germany, Spain, South Korea, the Netherlands, Singapore, Belgium, Australia and Denmark lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for primary cells and primary batteries exported from the UK were France ($X), the United States ($X) and the Netherlands ($X), together accounting for X% of total exports. Germany, Belgium, Poland, China, Spain, Japan, Australia, Denmark, South Korea and Singapore lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for primary cells and primary batteries stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to South Korea ($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 Denmark (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells And Primary Batteries

Imports into the UK

Primary cells and primary batteries imports into the UK expanded slightly to X units in 2022, growing by X% against the previous year's figure. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, primary cells and primary batteries imports totaled $X in 2022. Overall, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X units), China (X units) and Poland (X units) were the main suppliers of primary cells and primary batteries imports to the UK, with a combined X% share of total imports. The United States, Germany, Singapore, Hong Kong SAR and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of primary cells and primary batteries to the UK, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for primary cells and primary batteries amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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