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Mexico - Primary Cells And Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Mexico - Primary Cells And Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights

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Oct 12, 2023

Price of Mexico's Primary Cells and Batteries Soar by 16% to $304 per Thousand Units

Mexico Battery Import Price in June 2023

In June 2023, the battery price stood at $304 per thousand units (CIF, Mexico), rising by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2022 an increase of 25% against the previous month. As a result, import price reached the peak level of $323 per thousand units. From August 2022 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($965 per thousand units), while the price for Indonesia ($76.0 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Mexico Battery Import Prices By Country (USD Per Thousand Units)
COUNTRYImport Price of Battery in Mexico (USD per thousand units)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Singapore323238153382206253229152183235224297965
South Korea518344423455361437429449420432399448628
United States411642409503728311433526699537448480562
Japan600493479335684613585544358582563332500
China13421424917310811214681.0129127190167183
Indonesia28228021821231622220719012810411113776.0
Israel649618N/A587N/A662570658787710N/AN/AN/A
Average258323291253235221235177220239275262304

Mexico Battery Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was cells and batteries; primary, air-zinc ($1.4 per unit), while the price for cells and batteries; primary, manganese dioxide ($208 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by cells and batteries; primary, (other than manganese dioxide, mercuric oxide, silver oxide, lithium or air-zinc) (+4.1%), while the prices for the other products experienced more modest paces of growth.

Mexico Battery Imports

In June 2023, primary cells and primary batteries imports into Mexico reduced to 84M units, which is down by -7% compared with May 2023. Over the period under review, imports showed a perceptible contraction. The growth pace was the most rapid in January 2023 when imports increased by 54% against the previous month. As a result, imports attained the peak of 151M units. From February 2023 to June 2023, the growth of imports failed to regain momentum.

In value terms, primary cells and primary batteries imports stood at $26M (IndexBox estimates) in June 2023. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when imports increased by 20% month-to-month. Imports peaked at 28M units in June 2022; however, from July 2022 to June 2023, imports stood at a somewhat lower figure.

Mexico Battery Imports by Type

In June 2023, cells and batteries; lithium (54M units) constituted the largest type of primary cells and primary batteries supplied to Mexico, with a 64% share of total imports. Moreover, cells and batteries; lithium exceeded the figures recorded for the second-largest type, cells and batteries; primary, manganese dioxide (24M units), twofold. Cells and batteries; primary, (other than manganese dioxide, mercuric oxide, silver oxide, lithium or air-zinc) (2.8M units) ranked third in terms of total imports with a 3.3% share.

From June 2022 to June 2023, the average monthly growth rate of the volume of import of cells and batteries; lithium was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: cells and batteries; primary, manganese dioxide (-4.3% per month) and cells and batteries; primary, (other than manganese dioxide, mercuric oxide, silver oxide, lithium or air-zinc) (-7.5% per month).

In value terms, cells and batteries; lithium ($18M) constituted the largest type of primary cells and primary batteries supplied to Mexico, comprising 68% of total imports. The second position in the ranking was taken by cells and batteries; primary, manganese dioxide ($5M), with a 19% share of total imports. It was followed by cells and batteries; primary, air-zinc, with a 6.7% share.

Mexico Battery Imports by Country

In June 2023, China (38M units) constituted the largest supplier of primary cells and primary batteries to Mexico, with a 45% share of total imports. Moreover, primary cells and primary batteries imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (16M units), twofold. The third position in this ranking was taken by the United States (14M units), with a 17% share.

From June 2022 to June 2023, the average monthly growth rate of volume from China totaled -4.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Indonesia (+10.4% per month) and the United States (-1.3% per month).

In value terms, the largest primary cells and primary batteries suppliers to Mexico were the United States ($8M), China ($7M) and Japan ($3.1M), together comprising 70% of total imports. These countries were followed by South Korea, Singapore, Indonesia and France, which together accounted for a further 23%.

Among the main suppliers, Singapore, with a CAGR of +13.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for primary cells and primary batteries in Mexico. 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
  • Prodcom 27201110 -
  • Prodcom 27201115 -
  • Prodcom 27201120 -
  • Prodcom 27201125 -
  • Prodcom 27201130 -
  • Prodcom 27201140 -
  • Prodcom 27201150 -
  • Prodcom 27201155 -
  • Prodcom 27201160 -
  • Prodcom 27201170 -
  • Prodcom 27201175 -
  • Prodcom 27201190 -

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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