U.S.: Primary Battery Market 2024

Primary Battery Market Size in the U.S.

In 2022, the U.S. primary battery market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Primary Battery Production in the U.S.

In value terms, primary battery production reached $X in 2022. Over the period under review, production, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Primary battery production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Primary Battery Exports

Exports from the U.S.

In 2022, exports of primary batteries from the United States dropped to X units, which is down by X% on the previous year. In general, exports showed a abrupt descent. The smallest decline of X% was in 2016. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, primary battery exports rose markedly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, 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, accounting for 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. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Canada amounted to 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, Canada ($X), Mexico ($X) and Singapore ($X) constituted the largest markets for primary battery exported from the United States worldwide, together accounting for X% of total exports. Poland, Belgium, Chile, Costa Rica, Colombia, Hong Kong SAR and Panama lagged somewhat behind, together accounting for a further X%.

Poland, 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 2022, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2013 to 2022, 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.

After two years of growth, supplies from abroad of primary batteries decreased by X% to X units in 2022. In general, total imports indicated resilient growth from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, primary battery imports expanded markedly to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, 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), fourfold. Singapore (X units) ranked third in terms of total imports with an X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from China stood at 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, China ($X) constituted the largest supplier of primary batteries to the United States, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2013 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: Singapore (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average primary battery import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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