Middle East: Starter Battery Market 2024

Starter Battery Market Size in the Middle East

The Middle Eastern starter battery market reduced remarkably to $X in 2022, waning by X% against the previous year. The total consumption indicated a notable 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Starter Battery Production in the Middle East

In value terms, starter battery production shrank markedly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Starter Battery Exports

Exports in the Middle East

Starter battery exports skyrocketed to X units in 2022, increasing by X% against the year before. In general, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, starter battery exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X units) was the main exporter of lead-acid accumulators for starting piston engines, achieving X% of total exports. It was distantly followed by the United Arab Emirates (X units), mixing up a X% share of total exports. Saudi Arabia (X units), Oman (X units) and Iran (X units) took a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) and Oman (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Turkey (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia and Oman saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest starter battery supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Saudi Arabia ($X per unit) and Oman ($X per unit), while Turkey ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

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

Starter Battery Imports

Imports in the Middle East

In 2022, the amount of lead-acid accumulators for starting piston engines imported in the Middle East shrank notably to X units, with a decrease of X% on 2021. In general, imports, however, recorded a modest expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, starter battery imports contracted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), Iraq (X units) and Turkey (X units) represented roughly X% of total imports in 2022. Yemen (X units) ranks next in terms of the total imports with a X% share, followed by Israel (X%), Kuwait (X%) and Lebanon (X%). Oman (X units) took a minor share of total imports.

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

In value terms, the largest starter battery importing markets in the Middle East were the United Arab Emirates ($X), Iraq ($X) and Turkey ($X), together comprising X% of total imports. Israel, Yemen, Kuwait, Lebanon and Oman lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Yemen, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :