Vietnam - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam - 2021
Contents:
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (FOB) - 2022
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (CIF) - 2022
- Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam
- Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (FOB) - 2022
In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $67 per unit, with an increase of 11% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37% against the previous year. The export price peaked at $117 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($98 per unit), while the average price for exports to Myanmar stood at $19 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.2%), while the prices for the other major destinations experienced a decline.
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (CIF) - 2022
In 2022, the average import price for lead-acid accumulators (excluding starter batteries) amounted to $90 per unit, with a decrease of -4.9% against the previous year. Over the period under review, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 84% against the previous year. Over the period under review, average import prices hit record highs at $101 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +7.5% per year.
Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam
After three years of growth, shipments abroad of lead-acid accumulators (excluding starter batteries) decreased by -9.5% to 11M units in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. The exports peaked at 12M units in 2021, and then shrank in the following year.
In value terms, lead-acid accumulators (excluding starter batteries) exports totaled $741M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7.7% against the previous year. As a result, the exports reached the peak of $747M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 20.2 | 13.7 | 19.9 | 659 | 219.5% |
| Myanmar | 2.4 | 4.6 | 3.4 | 82.2 | 224.8% |
| Russia | 32.5 | 33.9 | 37.8 | N/A | 7.8% |
| China | 32.2 | 18.5 | 22.0 | N/A | -17.3% |
| Germany | 18.2 | 18.6 | 20.8 | N/A | 6.9% |
| United States | 169 | 207 | 244 | N/A | 20.2% |
| India | 18.9 | 24.0 | 21.0 | N/A | 5.4% |
| Philippines | 86.1 | 102 | 68.3 | N/A | -10.9% |
| Taiwan (Chinese) | 18.2 | 16.8 | 18.0 | N/A | -0.6% |
| Italy | 29.3 | 31.9 | 29.0 | N/A | -0.5% |
| Netherlands | 57.8 | 52.9 | 53.2 | N/A | -4.1% |
| Others | 209 | 224 | 198 | N/A | -2.7% |
| Total | 694 | 747 | 735 | 741 | 2.2% |
Top Export Markets for Lead-Acid Accumulators (Excluding Starter Batteries) from Vietnam in 2022:
- United Arab Emirates (6.7M units)
- Myanmar (4.4M units)
Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam
After three years of growth, purchases abroad of lead-acid accumulators (excluding starter batteries) decreased by -2.7% to 484K units in 2022. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, imports hit record highs at 497K units in 2021, and then declined slightly in the following year.
In value terms, lead-acid accumulators (excluding starter batteries) imports fell to $44M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports reached the peak of $47M, and then declined in the following year.
| Import of Lead-Acid Accumulators (Excluding Starter Batteries) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.8 | 0.9 | 3.5 | 43.6 | 279.1% |
| South Korea | 8.2 | 9.4 | 4.0 | N/A | -30.2% |
| Japan | 2.7 | 0.5 | 0.2 | N/A | -72.8% |
| Thailand | 4.6 | 5.0 | 7.7 | N/A | 29.4% |
| China | 12.2 | 19.1 | 26.7 | N/A | 47.9% |
| Poland | 1.1 | 0.9 | 0.7 | N/A | -20.2% |
| Others | 5.3 | 4.3 | 4.3 | N/A | -9.9% |
| Total | 34.9 | 40.1 | 47.1 | 43.6 | 7.7% |
Top Suppliers of Lead-Acid Accumulators (Excluding Starter Batteries) to Vietnam in 2022:
- United Arab Emirates (484.1K units)
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27202200 - Lead-acid accumulators (excluding starter batteries)
- Prodcom 27202230 -
- Prodcom 27202240 -
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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