Pakistan: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Pakistan

In 2022, after five years of decline, there was significant growth in the Pakistani primary cell and battery market, when its value increased by 22% to $X. In general, consumption saw a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Primary Cells and Batteries

Exports from Pakistan

In 2022, approx. X units of primary cells and batteries were exported from Pakistan; with an increase of 74% against the previous year. Over the period under review, exports, however, showed a perceptible decrease. The growth pace was the most rapid in 2019 when exports increased by 385% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary cell and battery exports surged to $X in 2022. Overall, exports, however, showed a noticeable reduction. The growth pace was the most rapid in 2020 when exports increased by 584%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Malawi (X units), the United Arab Emirates (X units) and Oman (X units) were the main destinations of primary cell and battery exports from Pakistan, together comprising 71% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of +126.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for primary cells and batteries exports from Pakistan, comprising 39% of total exports. The second position in the ranking was taken by Oman ($X), with a 16% share of total exports. It was followed by the United States, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+52.9% per year) and the United States (+3.3% per year).

Export Prices by Country

In 2022, the average primary cell and battery export price amounted to $X per unit, waning by -21.1% against the previous year. Over the period under review, the export price, however, showed a modest expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 145%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the average price for exports to Australia ($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 Malaysia (+77.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Primary Cells and Batteries

Imports into Pakistan

In 2022, approx. X units of primary cells and batteries were imported into Pakistan; standing approx. at 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 37% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, primary cell and battery imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Singapore (X units) and Hong Kong SAR (X units) were the main suppliers of primary cell and battery imports to Pakistan, together accounting for 77% of total imports. Egypt, Indonesia, the United Arab Emirates and the United States lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of primary cells and batteries to Pakistan, comprising 80% of total imports. The second position in the ranking was held by Singapore ($X), with a 4.4% share of total imports. It was followed by Hong Kong SAR, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+3.2% per year) and Hong Kong SAR (+3.1% per year).

Import Prices by Country

In 2022, the average primary cell and battery import price amounted to $X per unit, jumping by 35% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 53% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform