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

Contents:

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

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

The average import price for cells and batteries; primary, air-zinc stood at $0.2 per unit in 2022, increasing by 10% against the previous year. In general, the import price, however, continues to indicate a perceptible descent. Over the period under review, average import prices reached the maximum at $0.3 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($0.8 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cells and batteries; primary, air-zinc amounted to $0.3 per unit, falling by -2.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 104%. As a result, the export price attained the peak level of $0.4 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($0.4 per unit), while the average price for exports to North Macedonia ($0.2 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 Montenegro (+3.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of cells and batteries; primary, air-zinc, when their volume decreased by -40.7% to 1.2M units. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, imports hit record highs at 2M units in 2021, and then declined dramatically in the following year.

In value terms, cells and batteries; primary, air-zinc imports shrank markedly to $279K in 2022. Overall, imports showed a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $426K, and then dropped dramatically in the following year.

Import of Cells and Batteries; Primary, Air-Zinc in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1192032661405.6%
China45.357.851.069.015.1%
United Kingdom14775.999.758.1-26.6%
SingaporeN/AN/A3.03.723.3%
Others9.23.65.98.0-4.6%
Total320340426279-4.5%

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

  1. China (536.8K units)
  2. Germany (530.4K units)
  3. United Kingdom (73.1K units)
  4. Singapore (20.0K units)

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

In 2022, the amount of cells and batteries; primary, air-zinc exported from Serbia rose rapidly to 191K units, surging by 13% compared with the previous year's figure. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cells and batteries; primary, air-zinc exports rose sharply to $60K in 2022. The total export value increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Cells and Batteries; Primary, Air-Zinc in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro13.716.415.327.426.0%
Bosnia and Herzegovina11.819.923.424.928.3%
North Macedonia15.614.915.16.9-23.8%
Others2.0N/A0.70.7-29.5%
Total43.051.254.659.911.7%

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

  1. Bosnia and Herzegovina (91.5K units)
  2. Montenegro (65.0K units)
  3. North Macedonia (33.9K units)

Source: IndexBox Market Intelligence Platform

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