Uzbekistan: Market for Primary Cells and Batteries 2024

Market Size for Primary Cells and Batteries in Uzbekistan

In 2022, the Uzbek primary cell and battery market increased by 15% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, recorded a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Primary Cells and Batteries in Uzbekistan

In value terms, primary cell and battery production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 62%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Primary Cells and Batteries

Exports from Uzbekistan

In 2022, approx. X units of primary cells and batteries were exported from Uzbekistan; jumping by 363% against the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,036,880% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, primary cell and battery exports dropped dramatically to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 19,293% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Kyrgyzstan (X units) was the main destination for primary cell and battery exports from Uzbekistan, accounting for a 88% share of total exports. Moreover, primary cell and battery exports to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X units), more than tenfold. The third position in this ranking was held by Tajikistan (X units), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to Kyrgyzstan stood at +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+311.6% per year) and Tajikistan (+41,096.2% per year).

In value terms, Russia ($X) emerged as the key foreign market for primary cells and batteries exports from Uzbekistan, comprising 64% of total exports. The second position in the ranking was taken by Belarus ($X), with a 14% share of total exports. It was followed by Kyrgyzstan, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +188.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-75.4% per year) and Kyrgyzstan (-74.3% per year).

Export Prices by Country

In 2022, the average primary cell and battery export price amounted to less than $X per unit, with a decrease of -88.9% against the previous year. Over the period under review, the export price recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 21,410% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Kyrgyzstan (less than $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 Belarus (+13,796.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Primary Cells and Batteries

Imports into Uzbekistan

Primary cell and battery imports into Uzbekistan skyrocketed to X units in 2022, jumping by 37% against the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2018 with an increase of 356%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, primary cell and battery imports declined dramatically to $X in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 349% against the previous year. Imports peaked at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In value terms, China ($X) constituted the largest supplier of primary cells and batteries to Uzbekistan, comprising 63% of total imports. The second position in the ranking was taken by South Korea ($X), with a 27% share of total imports. It was followed by Belgium, with a 1.1% share.

From 2017 to 2022, the average annual growth rate of value from China stood at +82.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+229.7% per year) and Belgium (+49.7% per year).

Import Prices by Country

In 2022, the average primary cell and battery import price amounted to $X per unit, waning by -59.9% against the previous year. Over the period under review, the import price, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 5,302%. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced sharply in the following year.

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 South Korea ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+102.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform