Central Asia: Starter Battery Market 2024

Starter Battery Market Size in Central Asia

In 2022, the Central Asian starter battery market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -17.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Starter Battery Production in Central Asia

In value terms, starter battery production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 28% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Starter Battery Exports

Exports in Central Asia

In 2022, the amount of lead-acid accumulators for starting piston engines exported in Central Asia shrank dramatically to X units, dropping by -17.8% on the year before. Overall, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by 70%. Over the period under review, the exports reached the peak figure at X units in 2021, and then fell significantly in the following year.

In value terms, starter battery exports reduced to $X in 2022. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2016 when exports increased by 84%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

Kazakhstan dominates exports structure, accounting for X units, which was near 95% of total exports in 2022. It was distantly followed by Uzbekistan (X units), mixing up a 5.1% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to starter battery exports from Kazakhstan stood at +6.7%. At the same time, Uzbekistan (+45.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +45.4% from 2012-2022. Uzbekistan (+5.1 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -5.1% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) remains the largest starter battery supplier in Central Asia, comprising 96% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 4% share of total exports.

In Kazakhstan, starter battery exports increased at an average annual rate of +6.6% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, increasing by 10% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 15%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.2%).

Starter Battery Imports

Imports in Central Asia

In 2022, approx. X units of lead-acid accumulators for starting piston engines were imported in Central Asia; with an increase of 5.6% compared with 2021. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, starter battery imports reached $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Uzbekistan (X units) and Kazakhstan (X units) were the largest importers of lead-acid accumulators for starting piston engines in Central Asia, together constituting 59% of total imports. Kyrgyzstan (X units) ranks next in terms of the total imports with a 15% share, followed by Turkmenistan (11%) and Tajikistan (10%). Mongolia (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +42.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported lead-acid accumulators for starting piston engines in Central Asia, comprising 41% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 19% share of total imports. It was followed by Kyrgyzstan, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at -4.3%. In the other countries, the average annual rates were as follows: Uzbekistan (+42.5% per year) and Kyrgyzstan (+1.6% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, which is down by -3.6% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the import price increased by 9.8% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+0.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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