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

Contents:

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

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

In 2022, the average import price for cells and batteries; primary, air-zinc amounted to $0.3 per unit, rising by 13% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the maximum at $0.9 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($0.4 per unit), while the price for Singapore ($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 South Korea (-8.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cells and batteries; primary, air-zinc stood at $3.7 per unit in 2022, picking up by 101% against the previous year. In general, the export price showed pronounced growth. The pace of growth was the most pronounced in 2016 an increase of 123%. Over the period under review, the average export prices reached the peak figure at $11 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($98 per unit), while the average price for exports to Singapore ($1.1 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 Malaysia (+59.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of cells and batteries; primary, air-zinc decreased by -33.6% to 5.6M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 212%. As a result, imports reached the peak of 8.4M units, and then contracted remarkably in the following year.

In value terms, cells and batteries; primary, air-zinc imports shrank rapidly to $1.9M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of $2.6M, and then declined rapidly in the following year.

Import of Cells and Batteries; Primary, Air-Zinc in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6951,0082,4451,84538.5%
Singapore30.33.06.139.89.5%
Germany36.947.470.24.8-49.3%
MyanmarN/A187N/AN/A0%
Others79.359.860.253.5-12.3%
Total8411,3052,5811,94332.2%

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

  1. Germany (undefinedM units)
  2. China (5.0M units)
  3. Singapore (0.4M units)

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

In 2022, exports of cells and batteries; primary, air-zinc from Vietnam fell dramatically to 21K units, waning by -69.1% compared with the previous year. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 244%. As a result, the exports attained the peak of 67K units, and then dropped significantly in the following year.

In value terms, cells and batteries; primary, air-zinc exports fell notably to $76K in 2022. Overall, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 316%. Over the period under review, the exports reached the maximum at $230K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cells and Batteries; Primary, Air-Zinc in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.420.765.321.119.4%
Singapore4.60.815.44.60.0%
United Arab Emirates23.41.65.41.9-56.7%
Switzerland10.90.712.41.3-50.8%
United States40.40.12.41.0-70.9%
Thailand24.90.52.50.8-68.2%
United Kingdom2.70.80.90.4-47.1%
Japan5.20.20.50.2-66.2%
Others1054.017.244.6-24.8%
Total23029.412275.8-30.9%

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

  1. China (15.0K units)
  2. Singapore (4.1K units)
  3. United States (0.3K units)
  4. United Arab Emirates (0.3K units)
  5. United Kingdom (0.3K units)
  6. Switzerland (0.2K units)
  7. Japan (0.1K units)
  8. Thailand (0.1K units)

Source: IndexBox Market Intelligence Platform

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