Bolivia: Market for Primary Cells and Batteries 2025

Market Size for Primary Cells and Batteries in Bolivia

The Bolivian primary cell and battery market shrank rapidly to $X in 2022, reducing by -24.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Primary Cells and Batteries

Exports from Bolivia

In value terms, primary cell and battery exports plummeted to $X in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 663%. The exports peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Colombia (X units), Mexico (X units) and Brazil (X units) were the main destinations of primary cell and battery exports from Bolivia, together comprising 94% of total exports.

From 2015 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +92.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) emerged as the key foreign market for primary cells and batteries exports from Bolivia, comprising 69% of total exports. The second position in the ranking was taken by Colombia ($X), with a 17% share of total exports. It was followed by Mexico, with a 9.9% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Argentina stood at +57.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+15.0% per year) and Mexico (+10.9% per year).

Export Prices by Country

The average primary cell and battery export price stood at $X per unit in 2022, waning by -83.6% against the previous year. Over the period under review, the export price, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 8,630% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Primary Cells and Batteries

Imports into Bolivia

In 2022, the amount of primary cells and batteries imported into Bolivia contracted significantly to X units, which is down by -46% against the previous year's figure. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 29%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, primary cell and battery imports dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 8.2%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Peru (X units) constituted the largest supplier of primary cell and battery to Bolivia, with a 46% share of total imports. Moreover, primary cell and battery imports from Peru exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Brazil (X units), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.2% per year) and Brazil (-14.9% per year).

In value terms, China ($X), Peru ($X) and Brazil ($X) appeared to be the largest primary cell and battery suppliers to Bolivia, with a combined 72% share of total imports. Indonesia, the United States, Singapore, Vietnam and India lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Indonesia, with a CAGR of +23.0%, recorded 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.

Import Prices by Country

In 2022, the average primary cell and battery import price amounted to $X per unit, surging by 59% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 104%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform