Central Asia: Starter Battery Market 2024

Starter Battery Market Size in Central Asia

The Central Asian starter battery market rose significantly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Starter Battery Production in Central Asia

In value terms, starter battery production reached $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Starter Battery Exports

Exports in Central Asia

In 2022, starter battery exports in Central Asia contracted dramatically to X units, reducing by X% against 2021 figures. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2016 with an increase of X%. The volume of export peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, starter battery exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Kazakhstan prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Uzbekistan (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to starter battery exports from Kazakhstan stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest starter battery supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Starter Battery Imports

Imports in Central Asia

Starter battery imports expanded slightly to X units in 2022, surging by X% compared with the previous year's figure. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, starter battery imports rose remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Uzbekistan (X units) and Kazakhstan (X units) represented roughly X% of total imports in 2022. Turkmenistan (X units) held the next position in the ranking, followed by Kyrgyzstan (X units), Tajikistan (X units) and Mongolia (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported lead-acid accumulators for starting piston engines in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

In Kazakhstan, starter battery imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mongolia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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