Australia and Oceania: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Australia and Oceania

For the third year in a row, the primary cell and battery market in Australia and Oceania recorded growth in sales value, which increased by 1.2% to $X in 2022. The market value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Primary Cells and Batteries in Australia and Oceania

In value terms, primary cell and battery production fell modestly to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.3% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 66% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Primary Cells and Batteries

Exports in Australia and Oceania

Primary cell and battery exports soared to X units in 2022, picking up by 15% on 2021. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 74%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, primary cell and battery exports skyrocketed to $X in 2022. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The shipments of the two major exporters of primary cells and batteries, namely New Zealand and Australia, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +33.4%).

In value terms, Australia ($X) remains the largest primary cell and battery supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was held by New Zealand ($X), with an 8.1% share of total exports.

In Australia, primary cell and battery exports expanded at an average annual rate of +14.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by 6.4% against the previous year. Overall, the export price saw modest growth. The growth pace was the most rapid in 2014 when the export price increased by 65%. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.6%).

Imports of Primary Cells and Batteries

Imports in Australia and Oceania

After three years of growth, overseas purchases of primary cells and batteries decreased by -8.9% to X units in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, primary cell and battery imports totaled $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 19% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) was the major importer of primary cells and batteries, generating 60% of total imports. Papua New Guinea (X units) took the second position in the ranking, distantly followed by New Zealand (X units). All these countries together took approx. 36% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to primary cell and battery imports into Australia stood at +3.5%. At the same time, Papua New Guinea (+10.3%) and New Zealand (+3.9%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +10.3% from 2012-2022. Papua New Guinea (+9.1 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -8.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported primary cells and batteries in Australia and Oceania, comprising 69% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to +2.0%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.7% per year) and Papua New Guinea (+3.2% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, increasing by 11% against the previous year. Overall, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform