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

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

The MENA's market for lead-acid accumulators (excluding starter batteries) reduced modestly to $X in 2022, waning by -2.6% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +58.9% against 2017 indices. As a result, consumption reached the peak level of $X, and then reduced modestly in the following year.

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

In value terms, lead-acid accumulators (excluding starter batteries) production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 27%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports in MENA

In 2022, after three years of growth, there was decline in overseas shipments of lead-acid accumulators (excluding starter batteries), when their volume decreased by -3.6% to X units. Over the period under review, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 126% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) exports shrank to $X in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 73%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The United Arab Emirates represented the key exporting country with an export of around X units, which accounted for 69% of total exports. It was distantly followed by Turkey (X units), comprising a 21% share of total exports. The following exporters - Tunisia (X units) and Saudi Arabia (X units) - each amounted to a 7.8% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lead-acid accumulators (excluding starter batteries) exports from the United Arab Emirates stood at +17.9%. At the same time, Tunisia (+20.8%) and Turkey (+18.3%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +20.8% from 2012-2022. By contrast, Saudi Arabia (-6.4%) illustrated a downward trend over the same period. The United Arab Emirates (+19 p.p.), Turkey (+6.6 p.p.) and Tunisia (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -23.3% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest lead-acid accumulators (excluding starter batteries) supplier in MENA, comprising 67% of total exports. The second position in the ranking was held by Turkey ($X), with a 20% share of total exports. It was followed by Tunisia, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled +18.5%. In the other countries, the average annual rates were as follows: Turkey (+22.2% per year) and Tunisia (+15.6% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, dropping by -2% against the previous year. In general, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 34% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports in MENA

Lead-acid accumulators (excluding starter batteries) imports totaled X units in 2022, increasing by 3.8% on 2021 figures. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 40% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, lead-acid accumulators (excluding starter batteries) imports declined to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +60.8% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

Turkey represented the main importing country with an import of around X units, which amounted to 60% of total imports. It was distantly followed by the United Arab Emirates (X units), comprising a 17% share of total imports. The following importers - Egypt (X units), Lebanon (X units), Iraq (X units), Israel (X units), Algeria (X units) and Yemen (X units) - together made up 15% of total imports.

Imports into Turkey increased at an average annual rate of +13.4% from 2012 to 2022. At the same time, Algeria (+26.0%), Iraq (+17.2%), Israel (+13.0%), Egypt (+8.3%), the United Arab Emirates (+6.9%), Lebanon (+5.8%) and Yemen (+3.8%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in MENA, with a CAGR of +26.0% from 2012-2022. From 2012 to 2022, the share of Turkey and Algeria increased by +16 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lead-acid accumulators (excluding starter batteries) importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), together accounting for 54% of total imports. Lebanon, Iraq, Algeria, Yemen and Egypt lagged somewhat behind, together accounting for a further 20%.

In terms of the main importing countries, Yemen, with a CAGR of +19.9%, 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

The import price in MENA stood at $X per unit in 2022, falling by -12.1% against the previous year. Over the period under review, the import price saw a noticeable contraction. The pace of growth was the most pronounced in 2021 an increase of 21%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform