Ethiopia: Market for Lead-Acid Accumulators (Excluding Starter Batteries) 2025

Market Size for Lead-Acid Accumulators (Excluding Starter Batteries) in Ethiopia

In 2022, the Ethiopian market for lead-acid accumulators (excluding starter batteries) was finally on the rise to reach $X after two years of decline. In general, consumption saw significant growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Ethiopia

In 2022, the amount of lead-acid accumulators (excluding starter batteries) exported from Ethiopia soared to X units, with an increase of 125% compared with 2021 figures. In general, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 433% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) exports soared to $X in 2022. Overall, exports, however, showed a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malawi (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Ethiopia, accounting for a 89% share of total exports. Moreover, lead-acid accumulators (excluding starter batteries) exports to Malawi exceeded the volume sent to the second major destination, the Netherlands (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Malawi stood at -12.7%.

In value terms, Malawi ($X) remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Ethiopia, comprising 99% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Malawi totaled -13.6%.

Export Prices by Country

In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, increasing by 426% against the previous year. Over the period under review, the export price showed a modest increase. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per unit), while the average price for exports to the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+32.0%).

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Ethiopia

In 2022, overseas purchases of lead-acid accumulators (excluding starter batteries) were finally on the rise to reach X units after two years of decline. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 821%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) imports soared to $X in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 689% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lead-acid accumulators (excluding starter batteries) to Ethiopia, with a 52% share of total imports. Moreover, lead-acid accumulators (excluding starter batteries) imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold. Thailand (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +57.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+61.0% per year) and Thailand (+38.4% per year).

In value terms, the largest lead-acid accumulators (excluding starter batteries) suppliers to Ethiopia were China ($X), Vietnam ($X) and Thailand ($X), with a combined 69% share of total imports. India, Sweden, South Korea, Germany and Italy lagged somewhat behind, together comprising a further 17%.

South Korea, with a CAGR of +94.4%, saw the highest growth rate of the value of imports, in terms of 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 import price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, shrinking by -5.6% against the previous year. In general, the import price saw a slight descent. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform