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Report Republic of Korea - Parts of Primary Cells and Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Republic of Korea - Parts of Primary Cells and Primary Batteries - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Primary Battery Parts Market 2024

Primary Battery Parts Market Size in Republic of Korea

The South Korean primary battery parts market stood at less than $X in 2022, remaining relatively unchanged against the previous year. In general, consumption continues to indicate a relatively flat trend pattern.

Primary Battery Parts Production in Republic of Korea

In value terms, primary battery parts production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. Primary battery parts production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Primary Battery Parts Exports

Exports from Republic of Korea

In value terms, primary battery parts exports soared to $X in 2022. Overall, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 294% 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

In value terms, China ($X) remains the key foreign market for parts of primary cells and primary batteries exports from South Korea, comprising 74% of total exports. The second position in the ranking was taken by the Philippines ($X), with a 15% share of total exports. It was followed by Taiwan (Chinese), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to China totaled -20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+71.8% per year) and Taiwan (Chinese) (-13.8% per year).

Primary Battery Parts Imports

Imports into Republic of Korea

In value terms, primary battery parts imports dropped remarkably to $X in 2022. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 203% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In value terms, China ($X) constituted the largest supplier of parts of primary cells and primary batteries to South Korea, comprising 79% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9% share of total imports. It was followed by the United States, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+75.2% per year) and the United States (-22.6% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Belgium, China and Indonesia, together accounting for 37% of global consumption. These countries were followed by South Africa, the UK, France, Mauritania, Myanmar, Kenya, Japan, Portugal, the United States and India, which together accounted for a further 37%.
China remains the largest primary battery parts producing country worldwide, accounting for 48% of total volume. Moreover, primary battery parts production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by Japan, with a 6.2% share.
In value terms, China constituted the largest supplier of primary battery parts to South Korea, comprising 75% of total imports. The second position in the ranking was occupied by the United States, with a 3.7% share of total imports.
In value terms, Malaysia remains the key foreign market for primary battery parts exports from South Korea, comprising 90% of total exports. The second position in the ranking was occupied by the United Arab Emirates, with a 0.7% share of total exports.
In 2021, the average primary battery parts export price amounted to $17,235 per ton, which is down by -8.4% against the previous year.
The average primary battery parts import price stood at $37,769 per ton in 2021, growing by 1.7% against the previous year.

This report provides an in-depth analysis of the primary battery parts market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27201200 - Parts of primary cells and primary batteries (excluding battery carbons, for rechargeable batteries)

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Parts Of Primary Cells And Primary Batteries - South Korea
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