Greece: Starter Battery Market 2025

Starter Battery Market Size in Greece

The Greek starter battery market dropped modestly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Starter battery consumption peaked at $X in 2021, and then reduced slightly in the following year.

Starter Battery Production in Greece

In value terms, starter battery production amounted to $X in 2022 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 8.6% against the previous year. Starter battery production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Starter Battery Exports

Exports from Greece

After two years of growth, shipments abroad of lead-acid accumulators for starting piston engines decreased by -21.3% to X units in 2022. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 81%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, starter battery exports reached $X in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cyprus (X units), Jordan (X units) and Bulgaria (X units) were the main destinations of starter battery exports from Greece, together comprising 62% of total exports. Algeria, Australia, South Africa, Albania, the Netherlands and Germany lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +303.8%), while the other leaders experienced more modest paces of growth.

In value terms, Jordan ($X), Cyprus ($X) and Australia ($X) were the largest markets for starter battery exported from Greece worldwide, with a combined 56% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +189.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average starter battery export price stood at $X per unit in 2022, rising by 30% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 51% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Cyprus ($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 Germany (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Battery Imports

Imports into Greece

In 2022, approx. X units of lead-acid accumulators for starting piston engines were imported into Greece; with an increase of 4.9% compared with the year before. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, starter battery imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

South Korea (X units), China (X units) and the Czech Republic (X units) were the main suppliers of starter battery imports to Greece, together accounting for 52% of total imports. Italy, Turkey, Poland, Slovenia, Indonesia, Bulgaria, Hong Kong SAR, Germany and Taiwan (Chinese) lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +60.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest starter battery suppliers to Greece were South Korea ($X), the Czech Republic ($X) and Italy ($X), together comprising 60% of total imports. Turkey, China, Indonesia, Slovenia, Bulgaria, Poland, Germany, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 34%.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +79.1%, recorded the highest rates of growth with regard to 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

In 2022, the average starter battery import price amounted to $X per unit, falling by -5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then reduced in the following year.

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

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

Source: IndexBox Platform

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