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

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

The Hungarian market for lead-acid accumulators (excluding starter batteries) shrank to $X in 2022, reducing by -7.5% against the previous year. In general, consumption continues to indicate a mild decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, lead-acid accumulators (excluding starter batteries) production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 72%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Hungary

Lead-acid accumulators (excluding starter batteries) exports from Hungary totaled X units in 2022, picking up by 10% on the previous year's figure. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 72% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) exports surged to $X in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 62%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Hungary, accounting for a 34% share of total exports. Moreover, lead-acid accumulators (excluding starter batteries) exports to Italy exceeded the volume sent to the second major destination, Greece (X units), fourfold. The third position in this ranking was taken by Belgium (X units), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+99.8% per year) and Belgium (+3.5% per year).

In value terms, Italy ($X) remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Hungary, comprising 34% of total exports. The second position in the ranking was held by Greece ($X), with a 9.6% share of total exports. It was followed by Belgium, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+103.1% per year) and Belgium (+2.9% per year).

Export Prices by Country

The average export price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. The growth pace was the most rapid in 2018 an increase of 85%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per unit) and Germany ($X per unit), while the average price for exports to the UK ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Hungary

In 2022, overseas purchases of lead-acid accumulators (excluding starter batteries) decreased by -4% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 22%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of lead-acid accumulators (excluding starter batteries) imports to Hungary, together accounting for 55% of total imports. Poland, the Czech Republic, the Netherlands, Austria, Taiwan (Chinese), France, Italy and Slovenia lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +68.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lead-acid accumulators (excluding starter batteries) suppliers to Hungary were Germany ($X), Poland ($X) and China ($X), with a combined 54% share of total imports. Hong Kong SAR, the Czech Republic, the Netherlands, Austria, Taiwan (Chinese), France, Italy and Slovenia lagged somewhat behind, together accounting for a further 33%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +87.8%, saw 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 import price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, approximately mirroring the previous year. In general, the import price showed a tangible expansion. The most prominent rate of growth was recorded in 2016 an increase of 97% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 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 Poland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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