Report Update Nov 1, 2024

Cuba - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Lead-Acid Accumulator Market 2024

Lead-Acid Accumulator Market Size in Cuba

In 2021, the Cuban lead-acid accumulator market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Lead-Acid Accumulator Exports

Exports from Cuba

In 2016, lead-acid accumulator exports from Cuba surged to X units, picking up by 17% against the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lead-acid accumulator exports surged to $X in 2016. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for lead-acid accumulator exports from Cuba, with a approx. 100% share of total exports.

From 2013 to 2016, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Spain ($X) emerged as the key foreign market for lead-acid accumulator exports from Cuba, comprising 98% of total exports. The second position in the ranking was held by Sweden ($X), with a 2.1% share of total exports.

From 2013 to 2016, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

In 2016, the average lead-acid accumulator export price amounted to $X per unit, increasing by 2.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2016, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per unit), while the average price for exports to Spain totaled $X per unit.

From 2013 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+254.2%).

Lead-Acid Accumulator Imports

Imports into Cuba

In 2021, the amount of lead-acid accumulators (excluding starter batteries) imported into Cuba contracted dramatically to X units, with a decrease of -16.6% against 2020. Over the period under review, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 115% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lead-acid accumulator imports expanded rapidly to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 167%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest lead-acid accumulator supplier to Cuba, with a 74% share of total imports. Moreover, lead-acid accumulator imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), ninefold. The third position in this ranking was taken by Panama (X units), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.0% per year) and Panama (+32.8% per year).

In value terms, China ($X) constituted the largest supplier of lead-acid accumulator to Cuba, comprising 71% of total imports. The second position in the ranking was taken by Spain ($X), with an 8.5% share of total imports. It was followed by Panama, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.1% per year) and Panama (+33.6% per year).

Import Prices by Country

In 2021, the average lead-acid accumulator import price amounted to $X per unit, jumping by 37% against the previous year. Over the period under review, the import price saw a modest increase. The pace of growth appeared the most rapid in 2016 an increase of 75% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lead-acid accumulators (excluding starter batteries) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, with a combined 49% share of global consumption. Italy, the Philippines, France, South Africa, Russia, India, Belgium, Sweden and Brazil lagged somewhat behind, together comprising a further 25%.

What are the largest producers of lead-acid accumulators (excluding starter batteries) in the world?

China remains the largest lead-acid accumulator producing country worldwide, accounting for 80% of total volume. Moreover, lead-acid accumulator production in China exceeded the figures recorded by the second-largest producer, Germany, more than tenfold. The third position in this ranking was occupied by Vietnam, with a 3.4% share.

What are the leading suppliers of lead-acid accumulators (excluding starter batteries) to Cuba?

In value terms, China constituted the largest supplier of lead-acid accumulator to Cuba, comprising 74% of total imports. The second position in the ranking was occupied by Spain, with a 9.2% share of total imports. It was followed by South Korea, with a 6.9% share.

What is the average export price for lead-acid accumulators (excluding starter batteries) in Cuba?

In 2016, the average lead-acid accumulator export price amounted to $274 per unit, surging by 5% against the previous year.

What is the average import price for lead-acid accumulators (excluding starter batteries) in Cuba?

The average lead-acid accumulator import price stood at $32 per unit in 2021, with a decrease of -16.3% against the previous year.

This report provides an in-depth analysis of the lead-acid accumulator market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27202200 - Lead-acid accumulators (excluding starter batteries)
Prodcom 27202230 -
Prodcom 27202240 -

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023