Overview of the Global Market for Lead-Acid Accumulators (Excluding Starter Batteries)

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

The global market for lead-acid accumulators (excluding starter batteries) reduced to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the maximum level at $X in 2021, and then dropped in the following year.

Production of Lead-Acid Accumulators (Excluding Starter Batteries)

In value terms, lead-acid accumulators (excluding starter batteries) production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced 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, production increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports

In 2022, the amount of lead-acid accumulators (excluding starter batteries) exported worldwide totaled X units, surging by X% on the year before. Over the period under review, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lead-acid accumulators (excluding starter batteries) exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

China prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. Vietnam (X units) took the second position in the ranking, followed by the Netherlands (X units). All these countries together held near X% share of total exports. The United States (X units), Singapore (X units), Germany (X units), the United Arab Emirates (X units), Greece (X units), Malaysia (X units), Poland (X units) and France (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to lead-acid accumulators (excluding starter batteries) exports from China stood at X%. At the same time, the United Arab Emirates (X%), Greece (X%), Vietnam (X%), Malaysia (X%), Singapore (X%), Poland (X%), France (X%), Germany (X%) and the United States (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. From 2012 to 2022, the share of Vietnam, the United Arab Emirates and Singapore increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lead-acid accumulators (excluding starter batteries) supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the United States ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average export price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the export price showed a moderate increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The global export price peaked at $X per unit in 2017; however, from 2018 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 Germany ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports

In 2022, global imports of lead-acid accumulators (excluding starter batteries) totaled X units, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lead-acid accumulators (excluding starter batteries) imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X units), distantly followed by the United States (X units) and Turkey (X units) were the major importers of lead-acid accumulators (excluding starter batteries), together making up X% of total imports. The following importers - the Netherlands (X units), the Philippines (X units), Germany (X units), Russia (X units), Mexico (X units), Brazil (X units), Italy (X units), Malaysia (X units), Canada (X units) and South Africa (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest lead-acid accumulators (excluding starter batteries) importing markets worldwide were the United States ($X), Germany ($X) and the Netherlands ($X), together comprising X% of global imports. Italy, Canada, Russia, Mexico, the Philippines, Turkey, South Africa, Malaysia, Brazil and India lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average 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 Canada ($X per unit), while India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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