Spain - Lead-Acid Accumulators For Starting Piston Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExport of Starter Batteries in Spain Increases by 3% to Reach a Record $98M in November 2023
Spain Starter Battery Exports
In November 2023, overseas shipments of lead-acid accumulators for starting piston engines increased by 3.5% to 2.2M units, rising for the fourth month in a row after two months of decline. Overall, exports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in September 2023 with an increase of 27% m-o-m. The exports peaked at 3M units in December 2022; however, from January 2023 to November 2023, the exports failed to regain momentum.
In value terms, starter battery exports expanded slightly to $98M (IndexBox estimates) in November 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when exports increased by 27% against the previous month. The exports peaked in November 2023.
| COUNTRY | Export Value of Starter Battery in Spain (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| France | 25.4 | 20.1 | 31.7 | 26.4 | 24.4 | 23.1 | 20.4 | 20.7 | 17.6 | 18.2 | 22.3 | 28.6 | 25.8 |
| Italy | 13.9 | 11.7 | 8.6 | 10.0 | 11.4 | 11.1 | 10.2 | 7.1 | 7.1 | 3.6 | 11.4 | 11.8 | 14.5 |
| United Kingdom | 8.2 | 10.0 | 9.3 | 9.1 | 9.1 | 7.1 | 6.1 | 7.8 | 6.9 | 7.9 | 10.5 | 11.8 | 12.2 |
| Poland | 10.6 | 7.4 | 6.7 | 6.7 | 5.2 | 4.5 | 6.9 | 8.0 | 8.1 | 4.7 | 10.3 | 9.4 | 11.1 |
| Portugal | 6.6 | 6.7 | 6.1 | 6.4 | 5.9 | 5.3 | 5.2 | 5.2 | 5.2 | 5.4 | 7.1 | 7.7 | 7.3 |
| Germany | 5.5 | 5.6 | 4.0 | 6.0 | 5.4 | 5.3 | 5.2 | 5.0 | 4.1 | 4.3 | 6.4 | 6.2 | 5.0 |
| Czech Republic | 3.5 | 4.0 | 4.3 | 3.6 | 2.9 | 3.0 | 3.2 | 2.5 | 1.6 | 3.2 | 3.6 | 2.4 | 3.6 |
| Others | 15.2 | 17.8 | 16.3 | 19.0 | 16.9 | 19.3 | 22.6 | 23.3 | 20.5 | 21.1 | 15.4 | 17.7 | 18.8 |
| Total | 88.9 | 83.2 | 86.9 | 87.2 | 81.3 | 78.7 | 79.8 | 79.8 | 71.1 | 68.4 | 87.1 | 95.8 | 98.3 |
Exports by Country
France (648K units) was the main destination for starter battery exports from Spain, with a 30% share of total exports. Moreover, starter battery exports to France exceeded the volume sent to the second major destination, Italy (318K units), twofold. The UK (226K units) ranked third in terms of total exports with a 10% share.
From November 2022 to November 2023, the average monthly growth rate of volume to France totaled -1.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Italy (+0.0% per month) and the UK (+2.2% per month).
In value terms, France ($26M), Italy ($15M) and the UK ($12M) were the largest markets for starter battery exported from Spain worldwide, together comprising 53% of total exports.
The UK, with a CAGR of +3.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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
In November 2023, the starter battery price amounted to $45.6 per unit (FOB, Spain), almost unchanged from the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 an increase of 40% m-o-m. The export price peaked at $48.1 per unit in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($58.6 per unit), while the average price for exports to the Czech Republic ($32.8 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the starter battery market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
