Ukraine: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Ukraine

In 2022, the Ukrainian primary cell and battery market increased by X% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption saw buoyant growth. Primary cell and battery consumption peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Primary Cells and Batteries

Exports from Ukraine

After three years of growth, shipments abroad of primary cells and batteries decreased by X% to X units in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2021, and then fell remarkably in the following year.

In value terms, primary cell and battery exports declined modestly to $X in 2022. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Moldova (X units) was the main destination for primary cell and battery exports from Ukraine, accounting for a X% share of total exports. Moreover, primary cell and battery exports to Moldova exceeded the volume sent to the second major destination, Turkey (X units), threefold. Estonia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Moldova stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Estonia (X% per year).

In value terms, the largest markets for primary cell and battery exported from Ukraine were Turkey ($X), Moldova ($X) and Poland ($X), together comprising X% of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average primary cell and battery export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Estonia ($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 Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells and Batteries

Imports into Ukraine

Primary cell and battery imports into Ukraine surged to X units in 2022, rising by X% compared with the previous year. In general, total imports indicated perceptible growth 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. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, primary cell and battery imports soared to $X in 2022. Overall, imports posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest primary cell and battery supplier to Ukraine, accounting for a X% share of total imports. Moreover, primary cell and battery imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), sixfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average primary cell and battery import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price 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. Based on 2022 figures, primary cell and battery import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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