Report Update Nov 1, 2024

Kenya - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends and Insights

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

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

After two years of decline, the Kenyan market for lead-acid accumulators (excluding starter batteries) increased by 22% to $X in 2022. In general, consumption, however, saw a pronounced reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Kenya

After three years of growth, shipments abroad of lead-acid accumulators (excluding starter batteries) decreased by -26.8% to X units in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 468% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then dropped significantly in the following year.

In value terms, lead-acid accumulators (excluding starter batteries) exports dropped rapidly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2015 when exports increased by 515%. The exports peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

Tanzania (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Kenya, accounting for a 97% share of total exports. It was followed by Zimbabwe (X units), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Tanzania totaled +94.0%.

In value terms, Tanzania ($X) remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Kenya, comprising 98% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Tanzania totaled +66.8%.

Export Prices by Country

The average export price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, jumping by 16% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 23%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Zimbabwe amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Kenya

After two years of decline, overseas purchases of lead-acid accumulators (excluding starter batteries) increased by 14% to X units in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 348%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) imports shrank modestly to $X in 2022. Overall, imports enjoyed resilient growth. The growth pace was the most rapid in 2016 with an increase of 251% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X units) was the main lead-acid accumulators (excluding starter batteries) supplier to Kenya, accounting for a 91% share of total imports. Moreover, lead-acid accumulators (excluding starter batteries) imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +27.3%.

In value terms, China ($X) constituted the largest supplier of lead-acid accumulators (excluding starter batteries) to Kenya, comprising 69% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +21.5%.

Import Prices by Country

In 2022, the average import price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, with a decrease of -13.4% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lead-acid accumulators (excluding starter batteries) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together comprising 49% of global consumption. These countries were followed by Italy, the Philippines, France, South Africa, Russia, India, Belgium, Sweden and Brazil, which together accounted for a further 25%.

What are the largest producers of lead-acid accumulators (excluding starter batteries) in the world?

China remains the largest lead-acid accumulator producing country worldwide, comprising approx. 80% of total volume. Moreover, lead-acid accumulator production in China exceeded the figures recorded by the second-largest producer, Germany, more than tenfold. Vietnam ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of lead-acid accumulators (excluding starter batteries) to Kenya?

In value terms, the largest lead-acid accumulator suppliers to Kenya were China, India and Vietnam, together comprising 84% of total imports.

What are the leading importers of lead-acid accumulators (excluding starter batteries) from Kenya?

In value terms, Tanzania remains the key foreign market for lead-acid accumulator exports from Kenya.

What is the average export price for lead-acid accumulators (excluding starter batteries) in Kenya?

In 2021, the average lead-acid accumulator export price amounted to $19 per unit, which is down by -14.8% against the previous year.

What is the average import price for lead-acid accumulators (excluding starter batteries) in Kenya?

The average lead-acid accumulator import price stood at $74 per unit in 2021, increasing by 21% against the previous year.

This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27202200 - Lead-acid accumulators (excluding starter batteries)
Prodcom 27202230 -
Prodcom 27202240 -

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023