South Africa: Starter Battery Market 2024

Starter Battery Market Size in South Africa

The South African starter battery market amounted to $X in 2022, growing by 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 consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Starter Battery Production in South Africa

In value terms, starter battery production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Starter Battery Exports

Exports from South Africa

In 2022, the amount of lead-acid accumulators for starting piston engines exported from South Africa shrank to X units, with a decrease of X% compared with the year before. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, starter battery exports stood at $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zambia (X units), Namibia (X units) and Zimbabwe (X units) were the main destinations of starter battery exports from South Africa, with a combined X% share of total exports.

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

In value terms, the largest markets for starter battery exported from South Africa were Zambia ($X), Namibia ($X) and Zimbabwe ($X), together accounting for X% of total exports.

Namibia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average starter battery export price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mozambique ($X per unit) and Swaziland ($X per unit), while the average price for exports to Namibia ($X per unit) and Malawi ($X per unit) were amongst the lowest.

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

Starter Battery Imports

Imports into South Africa

Starter battery imports into South Africa was estimated at X units in 2022, approximately reflecting the year before. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, starter battery imports expanded markedly to $X in 2022. Overall, imports recorded a notable expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Spain (X units) and Turkey (X units) were the main suppliers of starter battery imports to South Africa, together accounting for X% of total imports. South Korea, the Czech Republic, Italy, Germany, Bulgaria and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (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 South Africa were Spain ($X), Germany ($X) and China ($X), with a combined X% share of total imports. The Czech Republic, South Korea, Italy, Turkey, Bulgaria and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average starter battery import price amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. The import price peaked 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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