Romania: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Romania

The Romanian primary cell and battery market stood at $X in 2022, growing by 3.5% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +70.9% against 2019 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Primary Cells and Batteries in Romania

In value terms, primary cell and battery production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 187%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Primary Cells and Batteries

Exports from Romania

In value terms, primary cell and battery exports fell to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 371% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In value terms, Germany ($X) remains the key foreign market for primary cells and batteries exports from Romania, comprising 93% of total exports. The second position in the ranking was held by Hungary ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +110.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-5.0% per year) and the UK (-36.6% per year).

Export Prices by Country

The average primary cell and battery export price stood at $X per unit in 2022, shrinking by -19.8% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 306%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany ($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 the UK (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells and Batteries

Imports into Romania

In 2022, the amount of primary cells and batteries imported into Romania soared to X units, with an increase of 18% against the previous year's figure. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 73% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, primary cell and battery imports dropped to $X in 2022. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 65% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest primary cell and battery supplier to Romania, with a 82% share of total imports. Moreover, primary cell and battery imports from Germany exceeded the figures recorded by the second-largest supplier, Greece (X units), ninefold. The third position in this ranking was held by Hungary (X units), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +42.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+52.4% per year) and Hungary (-6.6% per year).

In value terms, Germany ($X) constituted the largest supplier of primary cells and batteries to Romania, comprising 60% of total imports. The second position in the ranking was held by Belgium ($X), with an 11% share of total imports. It was followed by Greece, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.6% per year) and Greece (+41.0% per year).

Import Prices by Country

The average primary cell and battery import price stood at $X per unit in 2022, falling by -25.6% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 75% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform