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

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

In 2022, the Europe market for lead-acid accumulators (excluding starter batteries) increased by 25% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +110.9% against 2020 indices. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Lead-Acid Accumulators (Excluding Starter Batteries) in Europe

In value terms, lead-acid accumulators (excluding starter batteries) production declined remarkably to $X in 2022 estimated in export price. In general, production, however, showed a notable expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by 82% against the previous year. As a result, production attained the peak level of $X, and then shrank significantly in the following year.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports in Europe

After four years of growth, overseas shipments of lead-acid accumulators (excluding starter batteries) decreased by -22.4% to X units in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2017 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of X units, and then dropped notably in the following year.

In value terms, lead-acid accumulators (excluding starter batteries) exports totaled $X in 2022. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Germany (X units) represented the key exporter of lead-acid accumulators (excluding starter batteries), creating 33% of total exports. The Netherlands (X units) took an 18% share (based on physical terms) of total exports, which put it in second place, followed by France (7.9%), Greece (6.8%), Poland (6.7%), Italy (6.4%) and the UK (4.6%). Slovenia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +14.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Greece ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 41% of total exports.

Greece, with a CAGR of +15.8%, recorded the highest growth rate of the value of exports, in terms of 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

The export price in Europe stood at $X per unit in 2022, surging by 30% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.9%), while the other leaders experienced more modest paces of growth.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports in Europe

In 2022, the amount of lead-acid accumulators (excluding starter batteries) imported in Europe contracted slightly to X units, approximately reflecting 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) imports expanded sharply to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +25.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) was the main importer of lead-acid accumulators (excluding starter batteries), creating 41% of total imports. The Netherlands (X units) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Russia (7.9%), France (6.3%) and Italy (4.9%). Spain (X units), the UK (X units), Poland (X units), Belgium (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to lead-acid accumulators (excluding starter batteries) imports into Germany stood at +2.1%. At the same time, Spain (+13.7%), the Netherlands (+6.7%) and Russia (+3.4%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in Europe, with a CAGR of +13.7% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Belgium (-2.6%), the UK (-4.9%), Sweden (-5.8%), Poland (-10.7%) and Italy (-10.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, the Netherlands, Spain and Russia increased by +8.9, +7.7, +2.6 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 40% of total imports. France, the UK, Russia, Spain, Poland, Belgium and Sweden lagged somewhat behind, together comprising a further 40%.

Among the main importing countries, Spain, with a CAGR of +10.0%, 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 import price in Europe stood at $X per unit in 2022, surging by 6.4% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 37%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+21.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform