Global Battery Supply Dynamics and Market Shifts in 2021–2022
Across the year, the leadership of key battery suppliers remained notably strong, with powerful regional patterns shaping the flow of materials into major markets. In Russia, more than one in three batteries used locally originated from South Korea, a figure that equates to about 1,111,000 units. While this represents a sustained level of influence, the overall volume of battery imports into Russia experienced a slight contraction. The accompanying chart illustrates this trend clearly, showing a modest decline in total imports even as several other countries increased their participation in the market.
In contrast to the steady presence of Korean suppliers, several other nations broadened their role in supplying batteries to Russia. South Korea itself remained a dominant source of imports, but Turkey, Slovenia, Serbia, and China all stepped forward to gain additional market share and augment their delivery volumes. These shifts point to a more diversified supplier landscape, where multiple countries contribute to meeting Russia’s demand for batteries and related components.
Note: The following context reflects ongoing market assessments as of late 2021 and into 2022, with projections based on observed trade patterns and production announcements. The market environment in this period showed a clear tilt toward greater involvement from a broader set of manufacturers, suggesting a transition toward a more balanced and resilient supply chain for batteries in the region. (Autostat)
The countries highlighted above were anticipated to together account for around eight-tenths of the total battery needs for the year 2022. Other participants reduced their activity for reasons that were widely discussed in industry circles. Some adjustments were modest, such as the slight reductions seen from Japan, while others were more pronounced. For instance, the Czech Republic, which previously covered a sizable share of the market, saw a substantial decline in its contribution and, by the estimate, represented roughly three percent of the total market in the period described. This evolution underscores how market composition can shift rapidly in response to supply constraints, currency dynamics, and strategic realignments among manufacturers and logistics partners. (Autostat)
Source: Autostat