Price for Cells and Batteries; Primary, Air-Zinc in Canada - 2023

Contents:

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

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

The average import price for cells and batteries; primary, air-zinc stood at $0.8 per unit in 2022, waning by -15.5% against the previous year. In general, the import price saw a perceptible curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 48% against the previous year. The import price peaked at $1.2 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.9 per unit), while the price for the United States totaled $0.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.6%).

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

In 2022, the average export price for cells and batteries; primary, air-zinc amounted to $0.8 per unit, waning by -5.9% against the previous year. Overall, the export price saw a sharp reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 100% against the previous year. Over the period under review, the average export prices reached the peak figure at $25 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1 per unit), while the average price for exports to Nepal ($0.3 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 the United States (-27.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 20M units of cells and batteries; primary, air-zinc were imported into Canada; jumping by 38% compared with 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.8% 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 +80.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 72%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cells and batteries; primary, air-zinc imports skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cells and Batteries; Primary, Air-Zinc in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.56.77.29.729.2%
United States5.33.02.94.2-7.5%
China0.30.20.20.30.0%
Others2.51.62.71.0-26.3%
Total12.611.513.015.26.5%

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

  1. Germany (10.8M units)
  2. United States (8.0M units)
  3. China (0.3M units)

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

For the fourth year in a row, Canada recorded growth in shipments abroad of cells and batteries; primary, air-zinc, which increased by 201% to 1.6M units in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cells and batteries; primary, air-zinc exports surged to $1.3M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cells and Batteries; Primary, Air-Zinc in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2422533991,17469.3%
IndiaN/AN/A19.4105441.2%
NepalN/AN/A5.68.042.9%
TurkeyN/AN/A27.5N/A0%
Others10.122.96.36.4-14.1%
Total2522764581,29472.5%

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

  1. United States (1181.2K units)
  2. India (385.7K units)
  3. Nepal (29.4K units)

Source: IndexBox Market Intelligence Platform

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