Europe: Accumulator Market 2025

Accumulator Market Size in Europe

The Europe accumulator market skyrocketed to $X in 2022, growing by X% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Accumulator Production in Europe

In value terms, accumulator production fell to $X in 2022 estimated in export price. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Accumulator Exports

Exports in Europe

Accumulator exports surged to X units in 2022, jumping by X% on 2021 figures. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, accumulator exports surged to $X in 2022. In general, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland represented the key exporter of electric accumulators in Europe, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Hungary (X units), Germany (X units) and the Czech Republic (X units), together mixing up a X% share of total exports. Spain (X units), the Netherlands (X units), Belgium (X units), Slovakia (X units), France (X units) and Italy (X units) held a minor share of total exports.

Poland was also the fastest-growing in terms of the electric accumulators exports, with a CAGR of X% from 2012 to 2022. At the same time, Slovakia (X%), Hungary (X%), Germany (X%), the Czech Republic (X%), Belgium (X%), Spain (X%), Italy (X%), France (X%) and the Netherlands (X%) displayed positive paces of growth. Poland (X p.p.), Hungary (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total exports, while Italy, Spain, France and the Netherlands saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest accumulator supplying countries in Europe were Poland ($X), Germany ($X) and Hungary ($X), together accounting for X% of total exports.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, declining by X% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Accumulator Imports

Imports in Europe

For the eleventh consecutive year, Europe recorded growth in purchases abroad of electric accumulators, which increased by X% to X units in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, accumulator imports skyrocketed to $X in 2022. Over the period under review, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X units) and the Czech Republic (X units) represented the key importers of electric accumulators in Europe, together resulting at near X% of total imports. Italy (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Poland (X%), Hungary (X%) and France (X%). The UK (X units), Belgium (X units), Slovakia (X units), Finland (X units) and Sweden (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electric accumulators in Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In Germany, 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: the Czech Republic (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform