Kazakhstan: Market for Lead-Acid Accumulators (Excluding Starter Batteries) 2024

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

In 2022, after two years of growth, there was significant decline in the Kazakh market for lead-acid accumulators (excluding starter batteries), when its value decreased by -32.1% to $X. Overall, consumption, however, saw a slight increase. Lead-acid accumulators (excluding starter batteries) consumption peaked at $X in 2021, and then contracted dramatically in the following year.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Kazakhstan

In 2022, overseas shipments of lead-acid accumulators (excluding starter batteries) were finally on the rise to reach X units after two years of decline. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 699% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, lead-acid accumulators (excluding starter batteries) exports surged to $X in 2022. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 748% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Kazakhstan, with a 90% share of total exports. Moreover, lead-acid accumulators (excluding starter batteries) exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+20.7% per year) and France (+35.0% per year).

In value terms, Russia ($X) emerged as the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Kazakhstan, comprising 90% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a 4.8% share of total exports. It was followed by France, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+16.9% per year) and France (+32.3% per year).

Export Prices by Country

The average export price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, increasing by 17% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Tajikistan ($X per unit) and Russia ($X per unit), while the average price for exports to the Netherlands ($X per unit) and France ($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 Russia (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Kazakhstan

After two years of growth, purchases abroad of lead-acid accumulators (excluding starter batteries) decreased by -46.4% to X units in 2022. Over the period under review, imports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then contracted sharply in the following year.

In value terms, lead-acid accumulators (excluding starter batteries) imports contracted remarkably to $X in 2022. In general, imports, however, continue to indicate a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of 85% against the previous year. Imports peaked at $X in 2021, and then reduced sharply in the following year.

Imports by Country

China (X units), Russia (X units) and France (X units) were the main suppliers of lead-acid accumulators (excluding starter batteries) imports to Kazakhstan, with a combined 72% share of total imports. Italy, Vietnam, Germany, Portugal and the Philippines lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +122.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of lead-acid accumulators (excluding starter batteries) to Kazakhstan, comprising 51% of total imports. The second position in the ranking was held by France ($X), with a 7.3% share of total imports. It was followed by Russia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+27.1% per year) and Russia (-2.2% per year).

Import Prices by Country

The average import price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, surging by 45% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 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 Vietnam ($X per unit), while the price for Russia ($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 (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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