Serbia - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in Serbia - 2023
Contents:
- Starter Battery Price in Serbia (CIF) - 2023
- Starter Battery Price in Serbia (FOB) - 2023
- Starter Battery Imports in Serbia
- Starter Battery Exports in Serbia
Starter Battery Price in Serbia (CIF) - 2023
The average starter battery import price stood at $56.2 per unit in September 2023, growing by 3.8% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% against the previous month. The import price peaked at $58.6 per unit in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($108 per unit), while the price for Romania ($40.1 per unit) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Battery Price in Serbia (FOB) - 2023
In September 2023, the average starter battery export price amounted to $54.3 per unit, rising by 3.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 26% against the previous month. The export price peaked at $64.7 per unit in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Poland ($514 per unit), while the average price for exports to Turkey ($44.7 per unit) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Battery Imports in Serbia
In 2022, supplies from abroad of lead-acid accumulators for starting piston engines decreased by -9.7% to 722K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17%. Imports peaked at 800K units in 2021, and then declined in the following year.
In value terms, starter battery imports declined to $36M in 2022. The total import value increased at an average annual rate of +11.8% 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 23%. Imports peaked at $38M in 2021, and then declined in the following year.
| Import of Starter Battery in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 5.0 | 6.5 | 7.7 | 6.4 | 8.6% |
| Italy | 2.6 | 3.6 | 5.8 | 5.3 | 26.8% |
| Hungary | 4.3 | 5.8 | 4.0 | 5.0 | 5.2% |
| North Macedonia | 3.0 | 3.5 | 4.3 | 3.8 | 8.2% |
| Poland | 1.8 | 2.3 | 1.9 | 2.3 | 8.5% |
| Bulgaria | 3.0 | 2.7 | 3.7 | 2.2 | -9.8% |
| Germany | 1.3 | 1.8 | 2.2 | 2.2 | 19.2% |
| Netherlands | 0.1 | N/A | 1.1 | 1.6 | 152.0% |
| Spain | 0.3 | 0.9 | 0.9 | 1.3 | 63.0% |
| Turkey | 0.1 | 0.5 | 1.7 | 1.2 | 128.9% |
| Romania | 0.9 | 1.1 | 1.2 | 0.8 | -3.9% |
| Slovenia | 1.4 | 1.4 | 1.4 | 0.8 | -17.0% |
| China | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
| Others | 1.3 | 1.0 | 1.4 | 1.9 | 13.5% |
| Total | 25.5 | 31.4 | 38.0 | 35.6 | 11.8% |
Top Suppliers of Starter Battery to Serbia in 2022:
- Czech Republic (126.4K units)
- Italy (118.3K units)
- Hungary (114.1K units)
- North Macedonia (84.8K units)
- Poland (48.2K units)
- Bulgaria (41.7K units)
- China (38.2K units)
- Netherlands (27.4K units)
- Turkey (23.9K units)
- Germany (21.9K units)
- Spain (21.4K units)
- Romania (20.2K units)
- Slovenia (11.0K units)
Starter Battery Exports in Serbia
After three years of growth, overseas shipments of lead-acid accumulators for starting piston engines decreased by -20.8% to 284K units in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 39%. The exports peaked at 359K units in 2021, and then plummeted in the following year.
In value terms, starter battery exports declined to $13M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, the exports attained the maximum at $15M in 2021, and then reduced in the following year.
| Export of Starter Battery in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.0 | 6.5 | 6.3 | 8.3 | 27.5% |
| Bosnia and Herzegovina | 1.1 | 1.6 | 2.0 | 1.4 | 8.4% |
| Italy | 1.0 | 0.7 | 2.4 | 0.9 | -3.5% |
| Poland | N/A | 0.1 | 0.5 | 0.8 | 182.8% |
| Montenegro | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| North Macedonia | 0.7 | 0.8 | 0.9 | 0.3 | -24.6% |
| Armenia | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Belarus | 0.4 | 0.3 | 0.2 | N/A | -29.3% |
| Others | 0.6 | 0.8 | 2.0 | 0.5 | -5.9% |
| Total | 8.4 | 11.4 | 15.0 | 13.4 | 16.8% |
Top Export Markets for Starter Battery from Serbia in 2022:
- Russia (171.4K units)
- Bosnia and Herzegovina (27.9K units)
- Poland (23.9K units)
- Italy (23.2K units)
- Montenegro (13.6K units)
- Armenia (7.4K units)
- North Macedonia (6.6K units)
This report provides an in-depth analysis of the starter battery market in Serbia. 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202110 -
- Prodcom 27202120 -
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
-
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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