United Kingdom - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in the UK - 2023
Contents:
- Starter Battery Price in the UK (CIF) - 2022
- Starter Battery Price in the UK (FOB) - 2023
- Starter Battery Imports in the UK
- Starter Battery Exports in the UK
Starter Battery Price in the UK (CIF) - 2022
The average starter battery import price stood at $41 per unit in 2022, increasing by 6.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 24%. The import price peaked at $67 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($75 per unit), while the price for Taiwan (Chinese) ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Battery Price in the UK (FOB) - 2023
The average starter battery export price stood at $76.7 per unit in June 2023, with a decrease of -5.1% against the previous month. Over the period under review, export price indicated a buoyant increase from June 2022 to June 2023: its price increased at an average monthly rate of +9.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, starter battery export price increased by +2.6% against April 2023 indices. The pace of growth appeared the most rapid in July 2022 an increase of 183% against the previous month. The export price peaked at $92.5 per unit in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($120 per unit), while the average price for exports to the Netherlands ($52.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Battery Imports in the UK
In 2022, after three years of growth, there was significant decline in supplies from abroad of lead-acid accumulators for starting piston engines, when their volume decreased by -8.3% to 12M units. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports attained the peak of 13M units, and then fell in the following year.
In value terms, starter battery imports declined modestly to $479M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $490M, and then shrank modestly in the following year.
| Import of Starter Battery in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 89.2 | 89.3 | 87.8 | 101 | 4.2% |
| Germany | 55.3 | 49.0 | 49.3 | 76.4 | 11.4% |
| Spain | 30.3 | 48.3 | 78.6 | 66.0 | 29.6% |
| Taiwan (Chinese) | 2.0 | 2.2 | 18.1 | 32.5 | 153.3% |
| China | 7.3 | 4.1 | 13.0 | 29.3 | 58.9% |
| Poland | 43.6 | 26.1 | 28.0 | 26.8 | -15.0% |
| Turkey | 6.2 | 20.7 | 33.2 | 25.8 | 60.8% |
| Italy | 15.9 | 21.0 | 31.8 | 16.8 | 1.9% |
| Czech Republic | N/A | 1.1 | 0.5 | 16.2 | 283.8% |
| Indonesia | 23.7 | 12.7 | 20.3 | 14.4 | -15.3% |
| Austria | 93.9 | 44.4 | 25.0 | 13.6 | -47.5% |
| Vietnam | 5.1 | 4.8 | 3.2 | 6.3 | 7.3% |
| France | 20.2 | 24.6 | 28.2 | 1.1 | -62.1% |
| Others | 60.9 | 65.5 | 72.5 | 52.9 | -4.6% |
| Total | 454 | 414 | 490 | 479 | 1.8% |
Top Suppliers of Starter Battery to the UK in 2022:
- Taiwan (Chinese) (2058.8K units)
- South Korea (1928.7K units)
- Spain (1774.2K units)
- China (1610.2K units)
- Germany (1080.4K units)
- Turkey (530.7K units)
- Poland (406.0K units)
- Vietnam (397.0K units)
- Czech Republic (381.6K units)
- Italy (357.0K units)
- Indonesia (347.0K units)
- Austria (180.4K units)
- France (18.0K units)
Starter Battery Exports in the UK
For the third consecutive year, the UK recorded decline in shipments abroad of lead-acid accumulators for starting piston engines, which decreased by -36.8% to 986K units in 2022. Overall, exports faced a sharp decline. The smallest decline of -12% was in 2021. Over the period under review, the exports hit record highs at 2.2M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, starter battery exports reduced sharply to $59M in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 42%. As a result, the exports reached the peak of $86M, and then dropped remarkably in the following year.
| Export of Starter Battery in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 15.7 | 16.4 | 17.2 | 17.1 | 2.9% |
| France | 5.3 | 7.0 | 12.5 | 7.9 | 14.2% |
| Netherlands | 7.8 | 7.3 | 10.0 | 3.3 | -24.9% |
| United States | 2.2 | 1.6 | 1.4 | 3.1 | 12.1% |
| Sweden | 5.2 | 2.3 | 7.1 | 3.0 | -16.8% |
| Germany | 1.8 | 1.5 | 5.6 | 2.8 | 15.9% |
| Italy | 2.6 | 2.2 | 1.9 | 2.3 | -4.0% |
| India | 1.4 | 1.0 | 1.2 | 2.3 | 18.0% |
| Spain | 3.1 | 3.5 | 2.0 | 1.7 | -18.1% |
| Belgium | 2.1 | 1.9 | 1.9 | 1.5 | -10.6% |
| Greece | 0.3 | 0.7 | 0.1 | 0.7 | 32.6% |
| Poland | 5.1 | 1.7 | 1.5 | 0.6 | -51.0% |
| Hong Kong SAR | 0.6 | 0.5 | 0.6 | 0.6 | 0.0% |
| Others | 20.5 | 13.0 | 22.6 | 11.7 | -17.1% |
| Total | 73.5 | 60.6 | 85.9 | 58.8 | -7.2% |
Top Export Markets for Starter Battery from the UK in 2022:
- Ireland (438.9K units)
- France (114.6K units)
- Netherlands (62.7K units)
- Sweden (44.7K units)
- Germany (44.3K units)
- Belgium (26.4K units)
- India (20.9K units)
- Spain (20.4K units)
- United States (20.3K units)
- Italy (18.6K units)
- Poland (18.5K units)
- Hong Kong SAR (17.3K units)
- Greece (16.3K units)
This report provides an in-depth analysis of the starter battery market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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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