GCC: Starter Battery Market 2025

Starter Battery Market Size in GCC

The GCC starter battery market contracted to $X in 2022, shrinking by -9% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Starter Battery Production in GCC

In value terms, starter battery production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 19%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Starter Battery Exports

Exports in GCC

In 2022, after four years of decline, there was significant growth in overseas shipments of lead-acid accumulators for starting piston engines, when their volume increased by 5.5% to X units. Overall, exports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 66% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, starter battery exports rose rapidly to $X in 2022. In general, exports, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 37% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Saudi Arabia (X units) was the key exporter of lead-acid accumulators for starting piston engines, achieving 47% of total exports. Oman (X units) held a 30% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (20%). Kuwait (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of +65.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Oman ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 98% share of total exports. These countries were followed by Kuwait, which accounted for a further 1.7%.

Among the main exporting countries, Kuwait, with a CAGR of +69.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, increasing by 2.9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by 22%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Saudi Arabia ($X per unit) and Oman ($X per unit), while the United Arab Emirates ($X per unit) and Kuwait ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Starter Battery Imports

Imports in GCC

In 2022, the amount of lead-acid accumulators for starting piston engines imported in GCC shrank to X units, with a decrease of -12.7% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 54%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, starter battery imports fell to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 26%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X units, which resulted at 71% of total imports. It was distantly followed by Kuwait (X units), Oman (X units) and Qatar (X units), together generating a 25% share of total imports. Bahrain (X units) took a little share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -3.1% from 2012 to 2022. At the same time, Qatar (+15.7%), Oman (+10.3%), Kuwait (+7.3%) and Bahrain (+5.4%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +15.7% from 2012-2022. While the share of Kuwait (+6.5 p.p.), Qatar (+5 p.p.), Oman (+4.7 p.p.) and Bahrain (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-18 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported lead-acid accumulators for starting piston engines in GCC, comprising 47% of total imports. The second position in the ranking was taken by Kuwait ($X), with an 8.3% share of total imports. It was followed by Qatar, with a 5.3% share.

In the United Arab Emirates, starter battery imports expanded at an average annual rate of +1.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (+4.6% per year) and Qatar (+6.9% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, picking up by 3.4% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, starter battery import price decreased by -9.7% against 2018 indices. The growth pace was the most rapid in 2016 when the import price increased by 48%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Qatar ($X per unit) and Oman ($X per unit), while the United Arab Emirates ($X per unit) and Kuwait ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform