Belgium: Starter Battery Market 2025

Starter Battery Market Size in Belgium

The Belgian starter battery market reached $X in 2022, surging by 12% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Starter Battery Production in Belgium

In value terms, starter battery production declined to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 271%. Starter battery production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Starter Battery Exports

Exports from Belgium

After four years of growth, overseas shipments of lead-acid accumulators for starting piston engines decreased by -43.7% to X units in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 91% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, starter battery exports dropped remarkably to $X in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of starter battery exports from Belgium, with a combined 65% share of total exports. Spain, Italy, the UK, Austria, Poland and Sweden lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +6.7%), while shipments for the other leaders experienced a decline.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for starter battery exported from Belgium worldwide, together comprising 52% of total exports. Spain, Italy, Austria, the UK, Poland and Sweden lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, Austria, with a CAGR of +5.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average starter battery export price stood at $X per unit in 2022, with an increase of 14% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 16%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the Netherlands ($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 Poland (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in supplies from abroad of lead-acid accumulators for starting piston engines, when their volume decreased by -27% to X units. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 43%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, starter battery imports contracted remarkably to $X in 2022. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), China (X units) and Germany (X units) were the main suppliers of starter battery imports to Belgium, with a combined 63% share of total imports. Poland, the Netherlands, Turkey, Spain, Vietnam, South Korea, Italy, the United States, Austria and the UK lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +21.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest starter battery suppliers to Belgium were France ($X), Germany ($X) and Poland ($X), with a combined 66% share of total imports. The Netherlands, China, Turkey, Spain, South Korea, Italy, the United States, Vietnam, Austria and the UK lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Turkey, with a CAGR of +28.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average starter battery import price amounted to $X per unit, standing approx. at the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starter battery import price increased by +120.0% against 2017 indices. The most prominent rate of growth was recorded in 2019 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the price for Vietnam ($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 Netherlands (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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