MENA: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in MENA

The MENA's primary cell and battery market expanded markedly to $X in 2022, rising by 7.6% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +34.9% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Primary Cells and Batteries in MENA

In value terms, primary cell and battery production reached $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 63% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Primary Cells and Batteries

Exports in MENA

In 2022, shipments abroad of primary cells and batteries was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 65% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, primary cell and battery exports expanded markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 20% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) and Egypt (X units) represented roughly 61% of total exports in 2022. Israel (X units) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (9.6%) and Turkey (9.5%). Oman (X units) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +34.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest primary cell and battery supplier in MENA, comprising 62% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports. It was followed by the United Arab Emirates, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Israel was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+4.2% per year) and the United Arab Emirates (-0.5% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, with a decrease of -1.8% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in 2013 when the export price increased by 19%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the other leaders experienced more modest paces of growth.

Imports of Primary Cells and Batteries

Imports in MENA

In 2022, purchases abroad of primary cells and batteries increased by 6.7% to X units, rising for the sixth consecutive year after two years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 29% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, primary cell and battery imports fell to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units), Turkey (X units), Yemen (X units), Iraq (X units), Djibouti (X units), Egypt (X units), Algeria (X units) and Iran (X units) was the main importer of primary cells and batteries in MENA, constituting 91% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Algeria (with a CAGR of +33.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, together comprising 45% of total imports. Egypt, Djibouti, Iran, Algeria and Yemen lagged somewhat behind, together comprising a further 18%.

Among the main importing countries, Djibouti, with a CAGR of +26.6%, 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.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, reducing by -10.3% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, primary cell and battery import price decreased by -33.0% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by 27%. Over the period under review, import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood 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 the United Arab Emirates ($X per unit), while Yemen (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform