Bolivia: Market for Lead-Acid Accumulators (Excluding Starter Batteries) 2025

Market Size for Lead-Acid Accumulators (Excluding Starter Batteries) in Bolivia

The Bolivian market for lead-acid accumulators (excluding starter batteries) dropped remarkably to $X in 2022, shrinking by -25.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. Lead-acid accumulators (excluding starter batteries) consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Bolivia

In 2022, lead-acid accumulators (excluding starter batteries) exports from Bolivia shrank significantly to X units, reducing by -66.7% compared with 2021 figures. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 350%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) exports reduced sharply to $X in 2022. In general, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 4,083% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Bolivia, with a approx. 100% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Peru totaled -34.0%.

In value terms, Peru ($X) also remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Bolivia.

From 2015 to 2022, the average annual rate of growth in terms of value to Peru stood at -38.8%.

Export Prices by Country

In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, increasing by 53% against the previous year. Over the period under review, the export price recorded modest growth. The most prominent rate of growth was recorded in 2021 an increase of 830%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2015 to 2022, the rate of growth in terms of prices for Peru amounted to -7.2% per year.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Bolivia

In 2022, the amount of lead-acid accumulators (excluding starter batteries) imported into Bolivia shrank markedly to X units, waning by -25.9% on the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 108%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) imports reduced dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of lead-acid accumulators (excluding starter batteries) imports to Bolivia, together accounting for 78% of total imports. South Korea, Vietnam, Peru, Brazil and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +62.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest lead-acid accumulators (excluding starter batteries) suppliers to Bolivia, together comprising 66% of total imports. Vietnam, Peru, Brazil, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 20%.

Vietnam, with a CAGR of +70.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, remaining constant against the previous year. In general, the import price showed a modest increase. The pace of growth was the most pronounced in 2015 an increase of 59% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 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 Vietnam ($X per unit), while the price for Taiwan (Chinese) ($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 (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform