Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR - 2023

Contents:

  1. Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (FOB) - 2022
  2. Price for Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR (CIF) - 2023
  3. Exports of Cells and Batteries; Primary, Air-Zinc in Hong Kong SAR
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China3.95.25.75.612.8%
IndiaN/AN/AN/A0.10%
SingaporeN/A0.10.10.10.0%
Others0.60.80.80.4-12.6%
Total4.56.06.66.211.3%

Top Export Markets for Cells and Batteries; Primary, Air-Zinc from Hong Kong SAR in 2022:

  1. China (45.2M units)
  2. India (0.8M units)
  3. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.61.61.92.516.0%
Germany1.41.81.92.114.5%
China0.10.80.50.791.3%
United Kingdom0.40.40.40.3-9.1%
Others0.10.10.10.10.0%
Total3.64.74.95.817.2%

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

  1. Germany (22.6M units)
  2. Singapore (22.0M units)
  3. China (7.1M units)
  4. United Kingdom (1.0M units)

Source: IndexBox Market Intelligence Platform

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