Price for Cells and Batteries; Primary, Air-Zinc in South Korea - 2022

Contents:

  1. Price for Cells and Batteries; Primary, Air-Zinc in South Korea (CIF) - 2022
  2. Price for Cells and Batteries; Primary, Air-Zinc in South Korea (FOB) - 2022
  3. Imports of Cells and Batteries; Primary, Air-Zinc in South Korea
  4. Exports of Cells and Batteries; Primary, Air-Zinc in South Korea

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

The average import price for cells and batteries; primary, air-zinc stood at $3.0 per unit in December 2022, increasing by 8.6% against the previous month. Overall, the import price, however, recorded a mild downturn. The growth pace was the most rapid in March 2022 an increase of 21% against the previous month. The import price peaked at $3.6 per unit in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($4.5 per unit), while the price for the UK ($2.5 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cells and batteries; primary, air-zinc amounted to $0.1 per unit, falling by -32.7% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.3 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($0.1 per unit) and South Africa ($0.1 per unit), while the average price for exports to Canada ($0.1 per unit) and Switzerland ($0.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of cells and batteries; primary, air-zinc increased by 17% to 13M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt setback. Over the period under review, imports hit record highs at 17M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, cells and batteries; primary, air-zinc imports expanded to $5.2M in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cells and Batteries; Primary, Air-Zinc in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.52.12.22.4-1.4%
Germany1.72.02.02.17.3%
China0.80.70.60.6-9.1%
JapanN/AN/A0.10.2100.0%
Others0.20.20.2N/A0.0%
Total5.25.05.15.20.0%

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

  1. United Kingdom (12.0M units)
  2. Germany (0.5M units)
  3. China (0.5M units)
  4. Japan (0.2M units)

Exports of Cells and Batteries; Primary, Air-Zinc in South Korea

In 2022, overseas shipments of cells and batteries; primary, air-zinc increased by 78% to 6.9M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a significant decline. Over the period under review, the exports hit record highs at 22M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cells and batteries; primary, air-zinc exports skyrocketed to $979K in 2022. Overall, exports, however, showed a dramatic decline. Over the period under review, the exports attained the peak figure at $3.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Cells and Batteries; Primary, Air-Zinc in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan11.76.42.1285189.9%
Russia47.313.723.919359.8%
Germany29919046.2108-28.8%
United States30619344.380.9-35.8%
Colombia10141.128.159.7-16.1%
South Africa34.239.815.741.76.8%
Czech Republic88.233.813.031.1-29.4%
Kazakhstan99.559.917.626.7-35.5%
Algeria41.945.016.921.9-19.4%
Switzerland34.828.19.121.4-15.0%
Canada61.332.51.117.3-34.4%
Sweden15670.321.316.6-52.6%
China32328.59.414.1-64.8%
Others1,6691,38757062.2-66.6%
Total3,2732,170819979-33.1%

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

  1. Japan (2004.8K units)
  2. Russia (1358.3K units)
  3. Germany (757.4K units)
  4. United States (570.0K units)
  5. Colombia (420.3K units)
  6. South Africa (293.9K units)
  7. Czech Republic (219.4K units)
  8. Kazakhstan (187.8K units)
  9. Algeria (153.9K units)
  10. Switzerland (151.0K units)
  11. Canada (121.7K units)
  12. Sweden (117.0K units)
  13. China (99.6K units)

Source: IndexBox Market Intelligence Platform

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