Global Starter Battery Market 2024

Starter Battery Market Size

The global starter battery market reduced to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then fell in the following year.

Starter Battery Production

In value terms, starter battery production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Starter Battery Exports

Exports

In 2022, after six years of growth, there was significant decline in shipments abroad of lead-acid accumulators for starting piston engines, when their volume decreased by X% to X units. Overall, total exports indicated a perceptible expansion 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the global exports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, starter battery exports shrank slightly to $X in 2022. In general, total exports indicated temperate growth 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the global exports attained the maximum at $X in 2021, and then shrank slightly in the following year.

Exports by Country

In 2022, China (X units), followed by South Korea (X units), Spain (X units), Mexico (X units), Germany (X units), the Philippines (X units) and the United States (X units) were the key exporters of lead-acid accumulators for starting piston engines, together committing X% of total exports. The Czech Republic (X units), Turkey (X units), Slovenia (X units), Italy (X units), Poland (X units) and Thailand (X units) followed a long way behind the leaders.

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

In value terms, South Korea ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports.

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

Export Prices by Country

In 2022, the average starter battery export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Starter Battery Imports

Imports

In 2022, after three years of growth, there was decline in purchases abroad of lead-acid accumulators for starting piston engines, when their volume decreased by X% to X units. In general, total imports indicated measured growth 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 2017 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then shrank slightly in the following year.

In value terms, starter battery imports shrank to $X in 2022. Overall, total imports indicated a noticeable 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 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Global imports peaked at $X in 2021, and then dropped slightly in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by France (X units) and Malaysia (X units) represented the main importers of lead-acid accumulators for starting piston engines, together generating X% of total imports. The following importers - Mexico (X units), the UK (X units), Germany (X units), Italy (X units), Spain (X units), Canada (X units), Poland (X units), Australia (X units), Japan (X units) and Russia (X units) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Mexico (X%), Malaysia (X%), Spain (X%), Poland (X%), France (X%), Italy (X%), Australia (X%), the UK (X%), Japan (X%) and Canada (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. The United States (X p.p.), Malaysia (X p.p.) and Mexico (X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported lead-acid accumulators for starting piston engines worldwide, comprising X% of global imports. The second position in the ranking was held by France ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the United States, starter battery imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Canada (X% per year).

Import Prices by Country

The average starter battery import price stood at $X per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained 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 Canada ($X per unit), while Malaysia ($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 States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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