Primary Battery Market in the United States
Market Overview
In 
, the U.S. primary battery market was finally on the rise to reach $ for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption recorded a mild reduction. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption failed to regain momentum.
In value terms, primary battery production contracted to $ in . In general, production recorded a deep slump. The growth pace was the most rapid in 2019 with an increase of %. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.
, the U.S. primary battery market was finally on the rise to reach $ for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption recorded a mild reduction. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to , consumption failed to regain momentum.In value terms, primary battery production contracted to $
in . In general, production recorded a deep slump. The growth pace was the most rapid in 2019 with an increase of %. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to , production stood at a somewhat lower figure.Consumption
In , the amount of primary batteries consumed in the United States was estimated at units, flattening at . The total consumption volume increased at an average annual rate of +% from 2013 to ; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in when the consumption volume increased by % against the previous year. Primary battery consumption peaked in and is likely to continue growth in the near future.
The size of the primary battery market in the United States reached $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a mild curtailment. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.
, the amount of primary batteries consumed in the United States was estimated at units, flattening at . The total consumption volume increased at an average annual rate of +% from 2013 to ; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in when the consumption volume increased by % against the previous year. Primary battery consumption peaked in and is likely to continue growth in the near future.The size of the primary battery market in the United States reached $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a mild curtailment. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for primary battery in the United States, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in the United States increased significantly over the last eight years (from % to %).
% to %).Trade Balance
The United States remains a net importer of primary battery; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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