Report Update Nov 1, 2024

Malaysia - Lead-Acid Accumulators for Starting Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Starter Battery Market 2024

Starter Battery Market Size in Malaysia

In 2022, the Malaysian starter battery market increased by 4.1% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a prominent expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Starter Battery Exports

Exports from Malaysia

After three years of growth, overseas shipments of lead-acid accumulators for starting piston engines decreased by -22.6% to X units in 2022. Over the period under review, exports showed a mild decrease. The pace of growth was the most pronounced in 2019 with an increase of 154% against the previous year. The exports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, starter battery exports dropped significantly to $X in 2022. In general, exports saw a mild downturn. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

Myanmar (X units) was the main destination for starter battery exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar totaled +117.2%.

In value terms, Myanmar ($X) emerged as the key foreign market for lead-acid accumulators for starting piston engines exports from Malaysia.

From 2012 to 2022, the average annual growth rate of value to Myanmar stood at +99.9%.

Export Prices by Country

In 2022, the average starter battery export price amounted to $X per unit, picking up by 5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 40% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +13.3% per year.

Starter Battery Imports

Imports into Malaysia

In 2022, approx. X units of lead-acid accumulators for starting piston engines were imported into Malaysia; rising by 10% on 2021. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 59% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, starter battery imports fell to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +8.5% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 32%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Philippines (X units) constituted the largest supplier of starter battery to Malaysia, with a 80% share of total imports. Moreover, starter battery imports from the Philippines exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was taken by India (X units), with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from the Philippines stood at +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.1% per year) and India (+162.8% per year).

In value terms, the largest starter battery suppliers to Malaysia were China ($X), the Philippines ($X) and India ($X), with a combined 73% share of total imports.

In terms of the main suppliers, India, with a CAGR of +173.8%, 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

The average starter battery import price stood at $X per unit in 2022, falling by -16.1% against the previous year. In general, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 10% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Korea ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lead-acid accumulators for starting piston engines in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 74% of global consumption.

What are the largest producers of lead-acid accumulators for starting piston engines in the world?

China remains the largest starter battery producing country worldwide, comprising approx. 56% of total volume. Moreover, starter battery production in China exceeded the figures recorded by the second-largest producer, South Korea, tenfold. India ranked third in terms of total production with a 3.8% share.

What are the leading suppliers of lead-acid accumulators for starting piston engines to Malaysia?

In value terms, the Philippines, Thailand and India appeared to be the largest starter battery suppliers to Malaysia, with a combined 58% share of total imports.

What are the leading importers of lead-acid accumulators for starting piston engines from Malaysia?

In value terms, the United States, Saudi Arabia and the United Arab Emirates were the largest markets for starter battery exported from Malaysia worldwide, together accounting for 73% of total exports.

What is the average export price for lead-acid accumulators for starting piston engines in Malaysia?

The average starter battery export price stood at $24 per unit in 2021, waning by -16% against the previous year.

What is the average import price for lead-acid accumulators for starting piston engines in Malaysia?

In 2021, the average starter battery import price amounted to $14 per unit, jumping by 19% against the previous year.

This report provides an in-depth analysis of the starter battery market in Malaysia. 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 27202100 - Lead-acid accumulators for starting piston engines
Prodcom 27202110 -
Prodcom 27202120 -

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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