Price for Cells and Batteries; Primary, Air-Zinc in Saudi Arabia - 2021

Contents:

  1. Price for Cells and Batteries; Primary, Air-Zinc in Saudi Arabia (FOB) - 2022
  2. Exports of Cells and Batteries; Primary, Air-Zinc in Saudi Arabia

Price for Cells and Batteries; Primary, Air-Zinc in Saudi Arabia (FOB) - 2022

The average export price for cells and batteries; primary, air-zinc stood at $9.6 per unit in 2022, shrinking by -4% against the previous year. Over the period under review, export price indicated a resilient expansion from 2015 to 2022: its price increased at an average annual rate of +9.2% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cells and batteries; primary, air-zinc export price increased by +4.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 51%. Over the period under review, the average export prices hit record highs at $10 per unit in 2021, and then fell slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2015 to 2022, the rate of growth in terms of prices for Egypt amounted to +98.2% per year.

Exports of Cells and Batteries; Primary, Air-Zinc in Saudi Arabia

In 2022, cells and batteries; primary, air-zinc exports from Saudi Arabia expanded slightly to 1.1M units, growing by 4.4% on the previous year. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 98% against the previous year. As a result, the exports attained the peak of 1.2M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cells and batteries; primary, air-zinc exports totaled $11M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 95%. As a result, the exports attained the peak of $11M; afterwards, it flattened through to 2022.

Export of Cells and Batteries; Primary, Air-Zinc in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5.411.0N/A10.926.4%
Lebanon0.2N/AN/AN/A0%
Others0.10.111.00.10.0%
Total5.711.011.011.024.5%

Top Export Markets for Cells and Batteries; Primary, Air-Zinc from Saudi Arabia in 2022:

  1. Egypt (1135.5K units)

Source: IndexBox Market Intelligence Platform

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