Bangladesh: Starter Battery Market 2025

Starter Battery Market Size in Bangladesh

The Bangladeshi starter battery market dropped to $X in 2022, waning by -3.1% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Starter battery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Starter Battery Production in Bangladesh

In value terms, starter battery production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 19%. Starter battery production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Starter Battery Exports

Exports from Bangladesh

Starter battery exports from Bangladesh reduced markedly to X units in 2022, which is down by -20.1% against 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, starter battery exports dropped dramatically to $X in 2022. Overall, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), India (X units) and Nepal (X units) were the main destinations of starter battery exports from Bangladesh, with a combined 43% share of total exports. Kuwait, Saudi Arabia, Qatar, Australia, Singapore, Lebanon, the Philippines, Sierra Leone, Bolivia and Oman lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Bolivia (with a CAGR of +23.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for lead-acid accumulators for starting piston engines exports from Bangladesh, comprising 29% of total exports. The second position in the ranking was held by Nepal ($X), with an 11% share of total exports. It was followed by India, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+14.3% per year) and India (+3.8% per year).

Export Prices by Country

The average starter battery export price stood at $X per unit in 2022, falling by -5.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 103% against the previous year. The 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 for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Sierra Leone ($X 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 Australia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports

Imports into Bangladesh

After three years of growth, overseas purchases of lead-acid accumulators for starting piston engines decreased by -3.3% to X units in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 372%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, starter battery imports dropped slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 358%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X units) was the main supplier of starter battery to Bangladesh, with a 95% share of total imports. It was followed by Singapore (X units), with a 1.8% share of total imports. The third position in this ranking was held by Japan (X units), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +58.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-12.6% per year) and Japan (+66.3% per year).

In value terms, India ($X) constituted the largest supplier of lead-acid accumulators for starting piston engines to Bangladesh, comprising 78% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.8% share of total imports. It was followed by Singapore, with a 1.6% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +46.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+40.1% per year) and Singapore (-17.3% per year).

Import Prices by Country

In 2022, the average starter battery import price amounted to $X per unit, reducing by -1.5% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 89% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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