Guatemala: Market for Primary Cells And Primary Batteries 2025

Market Size for Primary Cells And Primary Batteries in Guatemala

The Guatemalan market for primary cells and primary batteries totaled $X in 2022, stabilizing at the previous year. In general, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +106.0% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Primary Cells And Primary Batteries in Guatemala

In value terms, primary cells and primary batteries production totaled $X in 2022 estimated in export price. Over the period under review, production saw a perceptible contraction. The pace of growth appeared the most rapid in 2019 when the production volume increased by 14% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Primary Cells And Primary Batteries

Exports from Guatemala

In 2022, approx. X units of primary cells and primary batteries were exported from Guatemala; increasing by 17% compared with the year before. In general, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 20%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, primary cells and primary batteries exports contracted slightly to $X in 2022. Overall, exports, however, showed a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nicaragua (X units), Honduras (X units) and El Salvador (X units) were the main destinations of primary cells and primary batteries exports from Guatemala, with a combined 71% share of total exports. Costa Rica, the Dominican Republic, Panama, Mexico and Colombia lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Costa Rica (with a CAGR of +10.7%), while the other leaders experienced mixed trend patterns.

In value terms, Nicaragua ($X), Honduras ($X) and El Salvador ($X) appeared to be the largest markets for primary cells and primary batteries exported from Guatemala worldwide, together comprising 69% of total exports. Costa Rica, the Dominican Republic, Panama, Mexico and Colombia lagged somewhat behind, together accounting for a further 27%.

Costa Rica, with a CAGR of +2.3%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for primary cells and primary batteries stood at $X per unit in 2022, shrinking by -16.9% against the previous year. Overall, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 6.9% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Costa Rica ($X 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 Colombia (+64.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells And Primary Batteries

Imports into Guatemala

In 2022, approx. X units of primary cells and primary batteries were imported into Guatemala; surging by 9.1% on the previous year's figure. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 137%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, primary cells and primary batteries imports shrank significantly to $X in 2022. Over the period under review, imports enjoyed a notable increase. The pace of growth was the most pronounced in 2021 when imports increased by 120%. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

China (X units), Brazil (X units) and Costa Rica (X units) were the main suppliers of primary cells and primary batteries imports to Guatemala, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +113.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Brazil ($X) and the United States ($X) constituted the largest primary cells and primary batteries suppliers to Guatemala, together accounting for 73% of total imports.

Brazil, with a CAGR of +68.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for primary cells and primary batteries stood at $X per unit in 2022, declining by -24.2% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+13.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform