U.S.: Primary Battery Market 2022

Primary Battery Market Size in the U.S.

In 2021, after three years of decline, there was growth in the U.S. primary battery market, when its value increased by X% to $X. Overall, consumption recorded a mild reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Primary Battery Production in the U.S.

In value terms, primary battery production declined to $X in 2021. In general, production recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Primary Battery Exports

Exports from the U.S.

For the eighth year in a row, the United States recorded decline in shipments abroad of primary batteries, which decreased by -X% to X units in 2021. In general, exports continue to indicate a abrupt descent. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, primary battery exports fell to $X in 2021. Over the period under review, exports recorded a mild setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for primary battery exports from the United States, with a X% share of total exports. Moreover, primary battery exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), twofold. Poland (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Canada stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Poland (+X% per year).

In value terms, the largest markets for primary battery exported from the United States were Canada ($X), Mexico ($X) and Singapore ($X), together comprising X% of total exports. The UK, Germany, Poland, Belgium, Chile, Venezuela and Panama lagged somewhat behind, together comprising a further X, 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

The average primary battery export price stood at $X per unit in 2021, increasing by X% against the previous year. In general, the export price saw pronounced growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Primary Battery Imports

Imports into the U.S.

In 2021, imports of primary batteries into the United States rose slightly to X units, picking up by X% on the year before. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, primary battery imports rose notably to $X in 2021. Overall, imports showed resilient growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; afterwards, it flattened through to 2021.

Imports by Country

In 2021, China (X units) constituted the largest primary battery supplier to the United States, with a X% share of total imports. Moreover, primary battery imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), threefold. The third position in this ranking was occupied by Singapore (X units), with a X% share.

From 2013 to 2021, 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: Indonesia (+X% per year) and Singapore (+X% per year).

In value terms, the largest primary battery suppliers to the United States were China ($X), Singapore ($X) and Japan ($X), with a combined X% share of total imports.

Among the main suppliers, Singapore, with a CAGR of +X%, recorded the highest growth rate of 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

The average primary battery import price stood at $X per unit in 2021, growing by X% against the previous year. In general, the import price, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Malaysia ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform