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Report Cuba - Lead-Acid Accumulators for Starting Piston Engines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Cuba - Lead-Acid Accumulators for Starting Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Starter Battery Market 2025

Starter Battery Market Size in Cuba

In 2021, after two years of decline, there was significant growth in the Cuban starter battery market, when its value increased by 168% to $X. Over the period under review, consumption recorded a slight expansion. Starter battery consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Starter Battery Exports

Exports from Cuba

In 2016, approx. X units of lead-acid accumulators for starting piston engines were exported from Cuba; waning by -2.3% compared with 2015 figures. Over the period under review, exports continue to indicate a sharp contraction. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, starter battery exports expanded modestly to $X in 2016. In general, exports faced a sharp shrinkage. The growth pace was the most rapid in 2013 with an increase of 79%. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X units) was the main destination for starter battery exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to Thailand was relatively modest.

In value terms, Thailand ($X) emerged as the key foreign market for starter battery exports from Cuba.

From 2012 to 2016, the average annual growth rate of value to Thailand was relatively modest.

Export Prices by Country

In 2016, the average starter battery export price amounted to $X per unit, rising by 5.4% against the previous year. In general, the export price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 129% against the previous year. Over the period under review, the average export prices attained the peak figure in 2016 and is likely to see steady growth in the immediate term.

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

From 2012 to 2016, the rate of growth in terms of prices for Spain amounted to +59.4% per year.

Starter Battery Imports

Imports into Cuba

In 2021, after two years of decline, there was significant growth in purchases abroad of lead-acid accumulators for starting piston engines, when their volume increased by 172% to X units. In general, imports recorded a temperate expansion. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, starter battery imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Russia (X units) and South Korea (X units) were the main suppliers of starter battery imports to Cuba, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +47.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), South Korea ($X) and Russia ($X) were the largest starter battery suppliers to Cuba, together accounting for 60% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +44.1%, recorded 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

The average starter battery import price stood at $X per unit in 2021, shrinking by -3.6% against the previous year. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 Brazil ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 74% share of global consumption.
China constituted the country with the largest volume of starter battery production, comprising approx. 56% of total volume. Moreover, starter battery production in China exceeded the figures recorded by the second-largest producer, South Korea, tenfold. India ranked third in terms of total production with a 3.8% share.
In value terms, Spain constituted the largest supplier of starter battery to Cuba, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with an 11% share of total imports. It was followed by the Netherlands, with a 7.2% share.
The average starter battery export price stood at $56 per unit in 2015, standing approx. at the previous year.
In 2021, the average starter battery import price amounted to $59 per unit, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the starter battery 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 27202100 - Lead-acid accumulators for starting piston engines
  • Prodcom 27202110 -
  • Prodcom 27202120 -

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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