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

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

The Scandinavia market for lead-acid accumulators (excluding starter batteries) soared to $X in 2022, picking up by X% against the previous year. Overall, consumption recorded a prominent increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, lead-acid accumulators (excluding starter batteries) production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports in Scandinavia

In 2022, approx. X units of lead-acid accumulators (excluding starter batteries) were exported in Scandinavia; with an increase of X% against the year before. Over the period under review, exports, however, showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) exports amounted to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden represented the main exporter of lead-acid accumulators (excluding starter batteries) in Scandinavia, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Finland (X units), comprising a X% share of total exports. Norway (X units) held a minor share of total exports.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (X%) illustrated a downward trend over the same period. Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden 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, Sweden ($X) remains the largest lead-acid accumulators (excluding starter batteries) supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with an X% share of total exports.

In Sweden, lead-acid accumulators (excluding starter batteries) exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, with a decrease of X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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, lead-acid accumulators (excluding starter batteries) export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports in Scandinavia

In 2022, supplies from abroad of lead-acid accumulators (excluding starter batteries) increased by X% to X units, rising for the fourth year in a row after six years of decline. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden represented the largest importing country with an import of around X units, which finished at X% of total imports. Finland (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Norway (X%).

From 2012 to 2022, average annual rates of growth with regard to lead-acid accumulators (excluding starter batteries) imports into Sweden stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) and Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Finland saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported lead-acid accumulators (excluding starter batteries) in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

In Sweden, lead-acid accumulators (excluding starter batteries) imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price saw prominent growth. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :