The forecasted import value of parts of primary cells and primary batteries to the US shows a declining trend from 2024 to 2028. In 2023, the import value stood at 20 million USD. From 2024, the imports are projected to decrease steadily, recording a decline from 19.8 million USD in 2024 to 19.018 million USD by 2028. Year-on-year variations from 2024 onwards reflect a consistent decline of approximately 1% annually, signaling a bearish trend over this period. The five-year compound annual growth rate (CAGR) indicates a modest downturn in the imports of these battery parts.
Future trends to watch for include technological advancements in primary battery components, which may impact import demand. Additionally, changes in domestic production capacities and trade policies could further influence import patterns. Monitoring global events affecting supply chains and the cost of raw materials will be vital for anticipating shifts in this market segment.
