Italy: Starter Battery Market 2024

Starter Battery Market Size in Italy

The Italian starter battery market dropped remarkably to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, showed a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped significantly in the following year.

Starter Battery Production in Italy

In value terms, starter battery production declined notably to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then contracted remarkably in the following year.

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Starter Battery Exports

Exports from Italy

In 2022, approx. X units of lead-acid accumulators for starting piston engines were exported from Italy; which is down by X% against 2021. Over the period under review, exports recorded a slight curtailment. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, starter battery exports shrank sharply to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Spain (X units) and Germany (X units) were the main destinations of starter battery exports from Italy, with a combined X% share of total exports. Poland, Greece, Romania, the UK, Croatia, Turkey, Austria, Belgium and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Spain ($X) and Germany ($X) were the largest markets for starter battery exported from Italy worldwide, together accounting for X% of total exports. Poland, Greece, the UK, Romania, Turkey, Croatia, Austria, Belgium and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average starter battery export price amounted to $X per unit, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports

Imports into Italy

In 2022, approx. X units of lead-acid accumulators for starting piston engines were imported into Italy; with an increase of X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 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 X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, starter battery imports amounted to $X in 2022. Overall, total imports indicated a strong 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Spain (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of starter battery imports to Italy, with a combined X% share of total imports. China, Turkey, Taiwan (Chinese), France, Poland, Slovenia, Vietnam, Indonesia and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starter battery suppliers to Italy were Spain ($X), Germany ($X) and the Czech Republic ($X), together accounting for X% of total imports. Turkey, Poland, France, Slovenia, China, South Korea, Taiwan (Chinese), Indonesia and Vietnam lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average starter battery import price amounted to $X per unit, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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