Hong Kong SAR, China - Primary Cells and Batteries - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Primary Cell and Battery in Hong Kong SAR - 2023
Contents:
- Price for Primary Cell and Battery in Hong Kong SAR (FOB) - 2023
- Price for Primary Cell and Battery in Hong Kong SAR (CIF) - 2023
- Exports of Primary Cell and Battery in Hong Kong SAR
- Imports of Primary Cell and Battery in Hong Kong SAR
Price for Primary Cell and Battery in Hong Kong SAR (FOB) - 2023
In September 2023, the average primary cell and battery export price amounted to $219 per thousand units, increasing by 7.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 22% month-to-month. The export price peaked at $241 per thousand units in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Japan ($245 per thousand units), while the average price for exports to Greece ($49.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Primary Cell and Battery in Hong Kong SAR (CIF) - 2023
The average primary cell and battery import price stood at $139 per thousand units in September 2023, reducing by -5.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 24% against the previous month. As a result, import price reached the peak level of $0.2 per unit. From December 2022 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Singapore ($294 per thousand units), while the price for China ($118 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Singapore (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Primary Cell and Battery in Hong Kong SAR
In 2022, approx. 2B units of primary cells and batteries were exported from Hong Kong SAR; reducing by -31.9% compared with the year before. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 4%. The exports peaked at 3B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, primary cell and battery exports shrank markedly to $410M in 2022. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 1.8% against the previous year. The exports peaked at $548M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Primary Cell and Battery in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 276 | 227 | 186 | 130 | -22.2% |
Vietnam | 14.6 | 28.9 | 45.9 | 52.0 | 52.7% |
United States | 23.7 | 34.0 | 32.9 | 32.3 | 10.9% |
India | 12.9 | 6.2 | 17.6 | 19.3 | 14.4% |
Japan | 15.6 | 13.6 | 11.4 | 9.8 | -14.4% |
Taiwan (Chinese) | 12.8 | 11.1 | 13.6 | 8.9 | -11.4% |
Mexico | 9.4 | 8.4 | 8.7 | 7.3 | -8.1% |
Democratic Republic of the Congo | 3.9 | 5.3 | 6.8 | 6.8 | 20.4% |
Singapore | 6.4 | 4.8 | 9.1 | 6.3 | -0.5% |
Germany | 9.7 | 10.8 | 12.0 | 6.3 | -13.4% |
Malaysia | 8.2 | 7.2 | 6.4 | 6.2 | -8.9% |
Tanzania | 1.9 | 2.3 | 2.2 | 3.0 | 16.4% |
Costa Rica | N/A | 0.1 | 0.1 | 1.9 | 335.9% |
Others | 153 | 138 | 154 | 120 | -7.8% |
Total | 548 | 498 | 507 | 410 | -9.2% |
Top Export Markets for Primary Cell and Battery from Hong Kong SAR in 2022:
- China (774.9M units)
- Vietnam (142.0M units)
- United States (128.2M units)
- Democratic Republic of the Congo (78.8M units)
- Taiwan (Chinese) (49.7M units)
- Japan (47.9M units)
- India (43.9M units)
- Germany (43.9M units)
- Mexico (42.1M units)
- Costa Rica (41.1M units)
- Singapore (39.5M units)
- Tanzania (38.9M units)
- Malaysia (34.9M units)
Imports of Primary Cell and Battery in Hong Kong SAR
In 2022, the amount of primary cells and batteries imported into Hong Kong SAR fell dramatically to 2.4B units, waning by -37% on the previous year's figure. In general, imports faced a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 3.8% against the previous year. Over the period under review, imports attained the maximum at 3.9B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, primary cell and battery imports declined rapidly to $387M in 2022. Overall, imports continue to indicate a deep downturn. The smallest decline of -1.9% was in 2021. Imports peaked at $543M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Primary Cell and Battery in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 327 | 322 | 315 | 209 | -13.9% |
Singapore | 50.3 | 39.4 | 47.0 | 64.9 | 8.9% |
Japan | 67.3 | 51.3 | 63.3 | 47.3 | -11.1% |
Indonesia | 32.5 | 31.9 | 32.6 | 27.2 | -5.8% |
Others | 66.5 | 60.5 | 37.7 | 38.6 | -16.6% |
Total | 543 | 505 | 495 | 387 | -10.7% |
Top Suppliers of Primary Cell and Battery to Hong Kong SAR in 2022:
- China (1580.3M units)
- Japan (272.7M units)
- Singapore (223.0M units)
- Indonesia (195.4M units)
This report provides an in-depth analysis of the market for primary cell and battery in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27201100 - Primary cells and primary batteries
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for primary cell and battery in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for primary cells and primary batteries in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global market for primary cell and battery.
This report provides an in-depth analysis of the global market for primary cells and primary batteries.
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This report provides an in-depth analysis of the market for primary cell and battery in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for primary cells and primary batteries in Hong Kong SAR, China.
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