Australia and Oceania: Market for Primary Cells And Primary Batteries 2024

Market Size for Primary Cells And Primary Batteries in Australia and Oceania

For the third consecutive year, the market for primary cells and primary batteries in Australia and Oceania recorded growth in sales value, which increased by 3.8% to $X in 2022. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.4% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Primary Cells And Primary Batteries in Australia and Oceania

In value terms, primary cells and primary batteries production shrank notably to $X in 2022 estimated in export price. Overall, production recorded a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by 16,422,944%. Over the period under review, production hit record highs at $X in 2021, and then fell rapidly in the following year.

Exports of Primary Cells And Primary Batteries

Exports in Australia and Oceania

In 2022, approx. X units of primary cells and primary batteries were exported in Australia and Oceania; surging by 16% on the previous year. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, primary cells and primary batteries exports skyrocketed to $X in 2022. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2018 when exports increased by 63%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +33.5%).

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

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled +14.4%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by 6.2% against the previous year. Overall, the export price posted slight growth. The most prominent rate of growth was recorded in 2014 when the export price increased by 69%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.9%).

Imports of Primary Cells And Primary Batteries

Imports in Australia and Oceania

In 2022, supplies from abroad of primary cells and primary batteries decreased by -4.2% to X units for the first time since 2016, thus ending a five-year rising trend. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 27%. The volume of import peaked at X units in 2021, and then contracted slightly in the following year.

In value terms, primary cells and primary batteries imports reached $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 19%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia was the main importing country with an import of about X units, which recorded 57% of total imports. It was distantly followed by Papua New Guinea (X units) and New Zealand (X units), together committing a 39% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to primary cells and primary batteries imports into Australia stood at +3.5%. At the same time, Papua New Guinea (+13.5%) and New Zealand (+7.0%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +13.5% from 2012-2022. From 2012 to 2022, the share of Papua New Guinea and New Zealand increased by +11 and +1.9 percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Australia stood at +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 (+3.1% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, growing by 5.3% against the previous year. In general, the import price, however, saw a perceptible descent. The growth pace was the most rapid in 2016 an increase of 13% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 Australia (-1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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