SADC: Market for Lead-Acid Accumulators (Excluding Starter Batteries) 2024

Market Size for Lead-Acid Accumulators (Excluding Starter Batteries) in SADC

The SADC market for lead-acid accumulators (excluding starter batteries) reduced to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded prominent growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Lead-Acid Accumulators (Excluding Starter Batteries) in SADC

In value terms, lead-acid accumulators (excluding starter batteries) production contracted modestly to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports in SADC

In 2022, overseas shipments of lead-acid accumulators (excluding starter batteries) increased by X% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports posted prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, lead-acid accumulators (excluding starter batteries) exports shrank to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. Zimbabwe (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the lead-acid accumulators (excluding starter batteries) exports, with a CAGR of X% from 2012 to 2022. Zimbabwe (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by X percentage points.

In value terms, South Africa ($X) remains the largest lead-acid accumulators (excluding starter batteries) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while South Africa totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%).

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports in SADC

In 2022, the amount of lead-acid accumulators (excluding starter batteries) imported in SADC soared to X units, with an increase of X% compared with 2021. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, lead-acid accumulators (excluding starter batteries) imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa was the main importing country with an import of about X units, which reached X% of total imports. It was distantly followed by Tanzania (X units), generating a X% share of total imports. Mozambique (X units) and Madagascar (X units) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Madagascar (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Tanzania (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported lead-acid accumulators (excluding starter batteries) in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, lead-acid accumulators (excluding starter batteries) imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mozambique ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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