Estonia: Starter Battery Market 2025

Starter Battery Market Size in Estonia

In 2022, the Estonian starter battery market decreased by -17.7% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.0% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Starter Battery Production in Estonia

In value terms, starter battery production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 5.2% against the previous year. Starter battery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Starter Battery Exports

Exports from Estonia

Starter battery exports from Estonia surged to X units in 2022, rising by 518% on the previous year. Over the period under review, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, starter battery exports surged to $X in 2022. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 340% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for starter battery exports from Estonia, with a 89% share of total exports. Moreover, starter battery exports to Russia exceeded the volume sent to the second major destination, Lithuania (X units), more than tenfold. Latvia (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +48.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+7.0% per year) and Latvia (-4.3% per year).

In value terms, Russia ($X) emerged as the key foreign market for lead-acid accumulators for starting piston engines exports from Estonia, comprising 79% of total exports. The second position in the ranking was held by Latvia ($X), with a 7.4% share of total exports. It was followed by Lithuania, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-2.6% per year) and Lithuania (+4.7% per year).

Export Prices by Country

In 2022, the average starter battery export price amounted to $X per unit, declining by -47.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 143%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports

Imports into Estonia

For the third consecutive year, Estonia recorded growth in overseas purchases of lead-acid accumulators for starting piston engines, which increased by 8.6% to X units in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% 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 +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, starter battery imports expanded slightly to $X in 2022. In general, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +61.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Slovenia (X units), Poland (X units) and Germany (X units) were the main suppliers of starter battery imports to Estonia, together comprising 43% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +739.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Poland ($X) and Germany ($X) were the largest starter battery suppliers to Estonia, together comprising 39% of total imports.

Slovenia, with a CAGR of +717.1%, saw the highest growth rate of the value of imports, among the main suppliers 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 2022, falling by -6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform