Growth of U.S. Storage Battery Imports Softened in the Recent Years, but Significant Trade Deficit Remains
The U.S. ranks second globally in storage battery imports with a X% share (based on USD), following China (X%). In 2015, U.S. storage battery imports totaled X million USD, which was X million USD (+X%) more than the year before.
From 2007 to 2015, U.S. storage battery imports showed steady growth, except a one-year drop in 2009. In 2010, U.S. storage battery importers overcame the pre-recession imports level achieved in 2007 and continued to grow. However, in 2014-2015, growth of imports tends to decelerate, going generally in line with the U.S. economy dynamics. Overall, there was an annual increase of +X% throughout the analysed period.
The U.S. continues to be one of the biggest markets for global exporters. Moreover, imports provide around X% of U.S. storage battery consumption.
China and Japan were the main suppliers of storage battery market into the U.S., with a combined X% share of total U.S. imports in 2015. However, the fastest growing suppliers were the Republic of Korea (+X% per year) and Japan (+X% per year) from 2007 to 2015. Japan strengthened its position in U.S. imports, from X% in 2007 to X% in 2015. By contrast, China saw its share reduced from X% to X%.
From 2007 to 2015, the U.S. was a net importer of storage battery market. However, exports grew faster than imports on average over the period under review.
The U.S. trade deficit in this sector worsened over the period under review, growing from X million USD in 2007 to X million USD in 2014. The trade deficit boosted in 2012 and fluctuated slightly in the recent years.
Source: IndexBox AI Platform
Storage batteries, lead acid type, BCI dimensional size group 8D (1.5 cu ft (.042 cu m) and smaller); Storage batteries, lead acid type, larger than BCI dimensional size group 8D (1.5 cu ft (.042 cu m)); Storage batteries (excluding lead acid); Parts for all storage batteries, excluding cases and containers; Storage battery manufacturing, nsk, total
The report provides on a comprehensive study of the U.S. storage battery market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains actual data on the biggest players in the industry.
Countries coverage: the U.S.
Crown Battery Manufacturing Company,
Trojan Battery Company,
Energizer Battery Manufacturing,
Robert Bosch Battery Systems,
Enersys Energy Products,
Superior Battery Manufacturing Company,
Panasonic Energy Corporation of America, Greatbatch,
A & A Manufacturing Company,
Ascent Batteries International
• Storage battery market size;
• Storage battery production, value of shipments;
• Key market players and their profiles;
• Exports, imports and trade balance;
• Import and export prices;
• Forecast of the market dynamics in the medium term;
• Key industry statistics;
• Life cycle of the storage battery industry;
• Number of establishments and their locations;
• Employment data;
• Storage battery industry productivity.
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