Price for Cells and Batteries; Primary, Air-Zinc in Azerbaijan - 2023

Contents:

  1. Price for Cells and Batteries; Primary, Air-Zinc in Azerbaijan (CIF) - 2022
  2. Imports of Cells and Batteries; Primary, Air-Zinc in Azerbaijan

Price for Cells and Batteries; Primary, Air-Zinc in Azerbaijan (CIF) - 2022

The average import price for cells and batteries; primary, air-zinc stood at $0.2 per unit in 2022, declining by -20.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 108%. As a result, import price reached the peak level of $0.3 per unit. From 2016 to 2022, the average 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 UK ($0.2 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+28.3%), while the prices for the other major suppliers experienced a decline.

Imports of Cells and Batteries; Primary, Air-Zinc in Azerbaijan

In 2022, purchases abroad of cells and batteries; primary, air-zinc decreased by -23.6% to 257K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 101%. As a result, imports reached the peak of 337K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cells and batteries; primary, air-zinc imports shrank markedly to $44K in 2022. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2020 with an increase of 131% against the previous year. As a result, imports reached the peak of $76K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cells and Batteries; Primary, Air-Zinc in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.113.812.820.659.3%
United Kingdom4.29.612.117.661.2%
China0.11.11.34.7260.9%
Latvia2.06.28.9N/A111.0%
United Arab Emirates3.15.05.1N/A28.3%
Singapore1.62.73.0N/A36.9%
NetherlandsN/A6.81.6N/A-76.5%
Others16.831.027.51.2-58.5%
Total33.076.072.444.110.1%

Top Suppliers of Cells and Batteries; Primary, Air-Zinc to Azerbaijan in 2022:

  1. Germany (117.6K units)
  2. United Kingdom (96.2K units)
  3. China (43.4K units)

Source: IndexBox Market Intelligence Platform

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