U.S. - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in the United States - 2023
Contents:
- Starter Battery Price in the United States (CIF) - 2023
- Starter Battery Price in the United States (FOB) - 2023
- Starter Battery Imports in the United States
- Starter Battery Exports in the United States
Starter Battery Price in the United States (CIF) - 2023
In August 2023, the average starter battery import price amounted to $43.2 per unit, reducing by -2.2% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 5.9% month-to-month. The import price peaked at $44.2 per unit in July 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($79.0 per unit), while the price for Vietnam ($22.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
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Starter Battery Price in the United States (FOB) - 2023
In August 2023, the average starter battery export price amounted to $62.2 per unit, with an increase of 3.9% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 19% against the previous month. Over the period under review, the average export prices attained the peak figure in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($68.0 per unit), while the average price for exports to the United Arab Emirates ($31.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Starter Battery Imports in the United States
In 2022, the amount of lead-acid accumulators for starting piston engines imported into the United States rose remarkably to 52M units, increasing by 13% against the year before. The total import volume increased at an average annual rate of +11.5% from 2019 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 with an increase of 14%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, starter battery imports soared to $2.1B in 2022. The total import value increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Starter Battery in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 710 | 783 | 834 | 870 | 7.0% |
| South Korea | 333 | 318 | 407 | 504 | 14.8% |
| Germany | 114 | 83.4 | 85.5 | 176 | 15.6% |
| Vietnam | 46.2 | 74.1 | 103 | 104 | 31.1% |
| Spain | 25.4 | 25.9 | 18.9 | 84.6 | 49.3% |
| Colombia | 30.7 | 31.3 | 37.3 | 61.2 | 25.9% |
| China | 69.5 | 88.1 | 56.0 | 49.9 | -10.5% |
| Turkey | 13.5 | 4.2 | 29.5 | 48.4 | 53.1% |
| Malaysia | 1.2 | 8.6 | 9.5 | 33.3 | 202.8% |
| Others | 130 | 106 | 163 | 180 | 11.5% |
| Total | 1,473 | 1,523 | 1,744 | 2,112 | 12.8% |
Top Suppliers of Starter Battery to the United States in 2022:
- Mexico (22.0M units)
- South Korea (11.5M units)
- Vietnam (4.5M units)
- Germany (2.6M units)
- Spain (2.2M units)
- Colombia (1.7M units)
- China (1.7M units)
- Turkey (1.0M units)
- Malaysia (0.9M units)
Starter Battery Exports in the United States
In 2022, the amount of lead-acid accumulators for starting piston engines exported from the United States was estimated at 14M units, rising by 9.5% compared with 2021. Over the period under review, exports, however, continue to indicate a perceptible downturn. The exports peaked at 15M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, starter battery exports expanded markedly to $811M in 2022. Overall, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $828M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Starter Battery in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 429 | 379 | 416 | 494 | 4.8% |
| Mexico | 182 | 159 | 170 | 177 | -0.9% |
| Dominican Republic | 25.3 | 18.9 | 10.3 | 16.0 | -14.2% |
| Kuwait | 46.0 | 6.6 | 12.3 | 9.8 | -40.3% |
| Others | 146 | 111 | 119 | 115 | -7.6% |
| Total | 828 | 674 | 727 | 811 | -0.7% |
Top Export Markets for Starter Battery from the United States in 2022:
- Canada (7.5M units)
- Mexico (3.8M units)
- Dominican Republic (0.3M units)
- Kuwait (0.1M units)
This report provides an in-depth analysis of the starter battery market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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