Switzerland: Market for Primary Cells And Primary Batteries 2024

Market Size for Primary Cells And Primary Batteries in Switzerland

In 2022, after two years of growth, there was significant decline in the Swiss market for primary cells and primary batteries, when its value decreased by -14.6% to $X. Over the period under review, consumption, however, recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Primary Cells And Primary Batteries in Switzerland

In value terms, primary cells and primary batteries production declined to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 70% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Primary Cells And Primary Batteries

Exports from Switzerland

Primary cells and primary batteries exports from Switzerland totaled X units in 2022, with an increase of 9.5% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 14%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, primary cells and primary batteries exports expanded slightly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 13% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of primary cells and primary batteries exports from Switzerland, together accounting for 43% of total exports. The United States, the UK, Hong Kong SAR, France, the United Arab Emirates, Ireland, Mexico, Spain, Italy and Latvia lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +82.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for primary cells and primary batteries exported from Switzerland were Germany ($X), China ($X) and the United States ($X), together accounting for 42% of total exports. The Czech Republic, the UK, France, Hong Kong SAR, the United Arab Emirates, Ireland, Mexico, Spain, Italy and Latvia lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Latvia, with a CAGR of +63.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for primary cells and primary batteries stood at $X per unit in 2022, falling by -6.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 15% against the previous year. The export price peaked at $X per unit in 2021, and then declined in the following year.

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 France ($X per unit), while the average price for exports to China ($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 Czech Republic (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells And Primary Batteries

Imports into Switzerland

In 2022, supplies from abroad of primary cells and primary batteries was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 36% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, primary cells and primary batteries imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 23% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of primary cells and primary batteries imports to Switzerland, together accounting for 67% of total imports. Japan, the United States, Indonesia, the Czech Republic, Singapore and Hong Kong SAR lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of primary cells and primary batteries to Switzerland, comprising 43% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.8% per year) and Germany (-0.7% per year).

Import Prices by Country

The average import price for primary cells and primary batteries stood at $X per unit in 2022, increasing by 5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2015 an increase of 16%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 the United States ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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