China - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lead-Acid Accumulators (Excluding Starter Batteries) in China - 2023
Contents:
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in China (FOB) - 2023
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in China (CIF) - 2023
- Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in China
- Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in China
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in China (FOB) - 2023
In June 2023, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $8.9 per unit, falling by -23.9% against the previous month. Overall, the export price saw a deep contraction. The pace of growth was the most pronounced in November 2022 an increase of 16% m-o-m. Over the period under review, the average export prices attained the maximum at $21.3 per unit in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($24.5 per unit), while the average price for exports to India ($1.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.6%), while the prices for the other major destinations experienced a decline.
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in China (CIF) - 2023
The average import price for lead-acid accumulators (excluding starter batteries) stood at $31.6 per unit in June 2023, waning by -32.7% against the previous month. Overall, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, lead-acid accumulators (excluding starter batteries) import price decreased by -32.7% against May 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 49% m-o-m. The import price peaked at $46.9 per unit in May 2023, and then shrank sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($193 per unit), while the price for Vietnam ($7.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced a decline.
Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in China
Lead-acid accumulators (excluding starter batteries) exports from China rose rapidly to 158M units in 2022, increasing by 11% compared with 2021. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, lead-acid accumulators (excluding starter batteries) exports rose notably to $2.9B in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
Export of Lead-Acid Accumulators (Excluding Starter Batteries) in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 232 | 199 | 199 | 204 | -4.2% |
Germany | 97.2 | 75.5 | 129 | 145 | 14.3% |
Malaysia | 117 | 107 | 117 | 137 | 5.4% |
Russia | 63.2 | 88.5 | 117 | 130 | 27.2% |
Italy | 78.0 | 75.3 | 105 | 94.4 | 6.6% |
South Africa | 47.0 | 50.0 | 55.1 | 84.9 | 21.8% |
Vietnam | 49.7 | 111 | 81.2 | 80.3 | 17.3% |
Netherlands | 75.8 | 83.1 | 81.5 | 77.6 | 0.8% |
Brazil | 56.7 | 66.0 | 101 | 76.2 | 10.4% |
Philippines | 53.2 | 52.4 | 58.2 | 76.0 | 12.6% |
India | 68.8 | 62.3 | 68.4 | 70.2 | 0.7% |
Indonesia | 78.0 | 63.0 | 55.6 | 68.8 | -4.1% |
Turkey | 73.3 | 76.3 | 79.4 | 68.6 | -2.2% |
Others | 1,220 | 1,225 | 1,428 | 1,626 | 10.0% |
Total | 2,309 | 2,335 | 2,676 | 2,940 | 8.4% |
Top Export Markets for Lead-Acid Accumulators (Excluding Starter Batteries) from China in 2022:
- India (30.7M units)
- Philippines (8.0M units)
- United States (7.4M units)
- Russia (6.7M units)
- Malaysia (6.0M units)
- Indonesia (5.5M units)
- Brazil (5.4M units)
- Italy (5.0M units)
- Germany (4.8M units)
- Vietnam (4.7M units)
- Turkey (4.0M units)
- South Africa (3.6M units)
- Netherlands (3.5M units)
Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in China
Lead-acid accumulators (excluding starter batteries) imports into China dropped markedly to 2.7M units in 2022, declining by -16.5% against 2021. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 6.1%. Over the period under review, imports reached the peak figure at 4.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lead-acid accumulators (excluding starter batteries) imports declined dramatically to $70M in 2022. In general, imports continue to indicate a drastic downturn. The smallest decline of -3.3% was in 2021. Over the period under review, imports attained the peak figure at $134M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Lead-Acid Accumulators (Excluding Starter Batteries) in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.5 | 32.1 | 31.0 | 20.7 | -21.9% |
Vietnam | 42.8 | 25.3 | 27.6 | 20.5 | -21.8% |
Germany | 19.5 | 18.2 | 11.8 | 12.2 | -14.5% |
Taiwan (Chinese) | 7.2 | 5.5 | 5.0 | 5.0 | -11.4% |
Others | 20.7 | 15.6 | 18.0 | 12.1 | -16.4% |
Total | 134 | 96.7 | 93.4 | 70.5 | -19.3% |
Top Suppliers of Lead-Acid Accumulators (Excluding Starter Batteries) to China in 2022:
- Vietnam (2160.5K units)
- Taiwan (Chinese) (210.2K units)
- United States (158.3K units)
- Germany (97.1K units)
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27202200 - Lead-acid accumulators (excluding starter batteries)
- Prodcom 27202230 -
- Prodcom 27202240 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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