CIS: Accumulator Market 2025

Accumulator Market Size in CIS

The CIS accumulator market expanded significantly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Accumulator Production in CIS

In value terms, accumulator production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Accumulator Exports

Exports in CIS

After three years of growth, overseas shipments of electric accumulators decreased by X% to X units in 2022. Over the period under review, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then dropped rapidly in the following year.

In value terms, accumulator exports fell significantly to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of export peaked at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

Kazakhstan (X units) and Russia (X units) represented roughly X% of total exports in 2022. It was distantly followed by Belarus (X units), constituting a X% share of total exports. The following exporters - Uzbekistan (X units) and Armenia (X units) - each accounted for a X% share of total exports.

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

In value terms, Kazakhstan ($X) remains the largest accumulator supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, recorded a noticeable downturn. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Armenia ($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 (X%), while the other leaders experienced a decline in the export price figures.

Accumulator Imports

Imports in CIS

In 2022, approx. X units of electric accumulators were imported in the CIS; picking up by X% on 2021. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2017 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, accumulator imports dropped to $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2017 indices. The growth pace was the most rapid in 2016 when imports increased by X%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Russia dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. Kyrgyzstan (X units), Uzbekistan (X units), Kazakhstan (X units) and Azerbaijan (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to accumulator imports into Russia stood at X%. At the same time, Kyrgyzstan (X%) and Azerbaijan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Uzbekistan and Azerbaijan increased by X, X and X percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported electric accumulators in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, accumulator imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, dropping by X% against the previous year. Overall, the import price saw a pronounced setback. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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