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Kenya - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStarter Battery Price in Kenya - 2021
Contents:
- Starter Battery Price in Kenya (FOB) - 2022
- Starter Battery Price in Kenya (CIF) - 2022
- Starter Battery Exports in Kenya
- Starter Battery Imports in Kenya
Starter Battery Price in Kenya (FOB) - 2022
The average starter battery export price stood at $30 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $51 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($41 per unit), while the average price for exports to Tanzania ($21 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 Democratic Republic of the Congo (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Starter Battery Price in Kenya (CIF) - 2022
The average starter battery import price stood at $25 per unit in 2022, surging by 31% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $34 per unit in 2013; however, from 2014 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 ($64 per unit), while the price for China ($8.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Battery Exports in Kenya
In 2022, the amount of lead-acid accumulators for starting piston engines exported from Kenya fell to 612K units, reducing by -6.1% on 2021. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of 651K units, and then shrank in the following year.
In value terms, starter battery exports fell to $18M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $20M, and then dropped in the following year.
Export of Starter Battery in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 6.4 | 6.5 | 7.9 | 5.7 | -3.8% |
Uganda | 3.0 | 3.7 | 4.2 | 4.1 | 11.0% |
Ethiopia | 0.8 | 0.8 | 0.9 | 1.5 | 23.3% |
Rwanda | 1.0 | 1.0 | 1.4 | 1.5 | 14.5% |
South Sudan | 0.9 | 0.8 | 1.1 | 1.3 | 13.0% |
Zimbabwe | 0.5 | 1.2 | 1.2 | 1.2 | 33.9% |
Malawi | 0.7 | 1.2 | 1.3 | 1.2 | 19.7% |
Democratic Republic of the Congo | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
Others | 0.9 | 0.9 | 1.2 | 1.4 | 15.9% |
Total | 14.6 | 16.6 | 19.8 | 18.4 | 8.0% |
Top Export Markets for Starter Battery from Kenya in 2022:
- Tanzania (274.0K units)
- Uganda (118.7K units)
- Rwanda (39.1K units)
- Ethiopia (38.8K units)
- South Sudan (35.3K units)
- Malawi (30.9K units)
- Zimbabwe (30.5K units)
- Democratic Republic of the Congo (12.6K units)
Starter Battery Imports in Kenya
In 2022, supplies from abroad of lead-acid accumulators for starting piston engines decreased by -48.9% to 359K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 132%. As a result, imports reached the peak of 1.3M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, starter battery imports declined sharply to $8.9M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Starter Battery in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 0.1 | 0.2 | 0.7 | 1.8 | 162.1% |
China | 2.1 | 4.6 | 2.6 | 1.5 | -10.6% |
South Korea | 1.8 | 3.1 | 1.2 | 1.0 | -17.8% |
India | 0.6 | 1.1 | 0.7 | 0.9 | 14.5% |
Turkey | 0.8 | 1.3 | 0.7 | 0.8 | 0.0% |
Spain | 1.1 | 0.9 | 0.5 | 0.8 | -10.1% |
Egypt | 1.1 | 1.5 | 0.7 | 0.7 | -14.0% |
Indonesia | N/A | 0.3 | 0.3 | 0.4 | 15.5% |
United Arab Emirates | 1.1 | 2.0 | 0.8 | N/A | -14.7% |
Others | 3.6 | 4.4 | 5.3 | 0.9 | -37.0% |
Total | 12.3 | 19.3 | 13.4 | 8.9 | -10.2% |
Top Suppliers of Starter Battery to Kenya in 2022:
- China (181.1K units)
- Tanzania (47.6K units)
- India (25.9K units)
- Indonesia (22.3K units)
- Spain (19.3K units)
- South Korea (18.0K units)
- Turkey (15.7K units)
- Egypt (14.5K units)
- United Arab Emirates (0.2K units)
This report provides an in-depth analysis of the starter battery market in Kenya. 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202110 -
- Prodcom 27202120 -
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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
-
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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The global market for lead-acid accumulators used in starting piston engines is projected to see steady growth over the next seven years, with market volume expected to reach 767 million units by 2030. In terms of value, the market is forecasted to increase to $34.5 billion by the end of 2030.
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The global market for lead-acid accumulators used in starting piston engines is projected to see steady growth over the next seven years, with market volume expected to reach 767 million units by 2030. In terms of value, the market is forecasted to increase to $34.5 billion by the end of 2030.