Peru: Market for Primary Cells And Primary Batteries 2025

Market Size for Primary Cells And Primary Batteries in Peru

In 2022, after three years of growth, there was decline in the Peruvian market for primary cells and primary batteries, when its value decreased by -3.2% to $X. Overall, consumption, however, saw a strong expansion. Over the period under review, the market reached the peak level at $X in 2021, and then contracted slightly in the following year.

Exports of Primary Cells And Primary Batteries

Exports from Peru

In 2022, after three years of decline, there was significant growth in shipments abroad of primary cells and primary batteries, when their volume increased by 9% to X units. Overall, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by 12%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary cells and primary batteries exports contracted to $X in 2022. In general, exports, however, saw a slight slump. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units) was the main destination for primary cells and primary batteries exports from Peru, accounting for a 75% share of total exports. Moreover, primary cells and primary batteries exports to Bolivia exceeded the volume sent to the second major destination, Chile (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to -13.3%.

In value terms, Bolivia ($X) remains the key foreign market for primary cells and primary batteries exports from Peru, comprising 84% of total exports. The second position in the ranking was taken by Chile ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at -2.0%.

Export Prices by Country

The average export price for primary cells and primary batteries stood at $X per unit in 2022, reducing by -20.3% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 139%. The export price peaked at $X per unit in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Chile amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+13.1%).

Imports of Primary Cells And Primary Batteries

Imports into Peru

After five years of growth, supplies from abroad of primary cells and primary batteries decreased by -2.5% to X units in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 64%. Over the period under review, imports reached the maximum at X units in 2021, and then fell modestly in the following year.

In value terms, primary cells and primary batteries imports declined slightly to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +79.1% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Over the period under review, imports hit record highs at $X in 2021, and then fell modestly in the following year.

Imports by Country

China (X units), Costa Rica (X units) and Indonesia (X units) were the main suppliers of primary cells and primary batteries imports to Peru, together accounting for 93% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +595.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of primary cells and primary batteries to Peru, comprising 48% of total imports. The second position in the ranking was held by Costa Rica ($X), with a 21% share of total imports. It was followed by Indonesia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+240.4% per year) and Indonesia (+3.5% per year).

Import Prices by Country

The average import price for primary cells and primary batteries stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the import price, however, showed a mild decline. The growth pace was the most rapid in 2016 when the average import price increased by 11%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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