Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR - 2023
Contents:
- Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (FOB) - 2022
- Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (CIF) - 2023
- Exports of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR
- Imports of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR
Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for cells and batteries; primary, air-zinc amounted to $0.1 per unit, with a decrease of -23.9% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $0.2 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($0.1 per unit), while the average price for exports to India ($0.1 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 China (-2.0%), while the prices for the other major destinations experienced a decline.
Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (CIF) - 2023
The average import price for cells and batteries; primary, air-zinc stood at $251 per thousand units in June 2023, increasing by 79% against the previous month. Overall, the import price saw prominent growth. The pace of growth was the most pronounced in January 2023 when the average import price increased by 139% month-to-month. As a result, import price attained the peak level of $0.3 per unit. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($279 per thousand units), while the price for Singapore ($116 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR
In 2022, exports of cells and batteries; primary, air-zinc from Hong Kong SAR surged to 48M units, increasing by 22% on the previous year. The total export volume increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cells and batteries; primary, air-zinc exports declined to $6.2M in 2022. The total export value increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 35% against the previous year. The exports peaked at $6.6M in 2021, and then fell in the following year.
Export of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.9 | 5.2 | 5.7 | 5.6 | 12.8% |
India | N/A | N/A | N/A | 0.1 | 0% |
Singapore | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.6 | 0.8 | 0.8 | 0.4 | -12.6% |
Total | 4.5 | 6.0 | 6.6 | 6.2 | 11.3% |
Top Export Markets for Cells and Batteries; Primary, Air-Zinc from Hong Kong SAR in 2022:
- China (45.2M units)
- India (0.8M units)
- Singapore (0.8M units)
Imports of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR
In 2022, imports of cells and batteries; primary, air-zinc into Hong Kong SAR surged to 53M units, increasing by 28% against 2021 figures. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, cells and batteries; primary, air-zinc imports surged to $5.8M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 1.6 | 1.6 | 1.9 | 2.5 | 16.0% |
Germany | 1.4 | 1.8 | 1.9 | 2.1 | 14.5% |
China | 0.1 | 0.8 | 0.5 | 0.7 | 91.3% |
United Kingdom | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 3.6 | 4.7 | 4.9 | 5.8 | 17.2% |
Top Suppliers of Cells and Batteries; Primary, Air-Zinc to Hong Kong SAR in 2022:
- Germany (22.6M units)
- Singapore (22.0M units)
- China (7.1M units)
- United Kingdom (1.0M units)
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