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

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

The Omani market for lead-acid accumulators (excluding starter batteries) rose modestly to $X in 2022, with an increase of 1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a resilient expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Oman

In 2022, shipments abroad of lead-acid accumulators (excluding starter batteries) increased by 0.9% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2018 when exports increased by 317% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) exports reduced to $X in 2022. Overall, exports, however, saw a dramatic decline. The most prominent rate of growth was recorded in 2018 when exports increased by 277%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Oman, accounting for a 70% share of total exports. Moreover, lead-acid accumulators (excluding starter batteries) exports to Yemen exceeded the volume sent to the second major destination, Somalia (X units), ninefold. Bahrain (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Yemen was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+3.7% per year) and Bahrain (+43.0% per year).

In value terms, Yemen ($X) remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Oman, comprising 80% of total exports. The second position in the ranking was held by Somalia ($X), with a 6.6% share of total exports. It was followed by the United Arab Emirates, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Yemen amounted to +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-3.7% per year) and the United Arab Emirates (-11.2% per year).

Export Prices by Country

The average export price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, which is down by -3.2% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($X per unit), while the average price for exports to Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+5.4%), while the prices for the other major destinations experienced a decline.

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Oman

In 2022, approx. X units of lead-acid accumulators (excluding starter batteries) were imported into Oman; flattening at 2021. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 204%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) imports rose slightly to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 80% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), India (X units) and China (X units) were the main suppliers of lead-acid accumulators (excluding starter batteries) imports to Oman, together accounting for 76% of total imports. Sri Lanka, the United States, Saudi Arabia, Pakistan, Germany, the UK and South Korea lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +735.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of lead-acid accumulators (excluding starter batteries) to Oman, comprising 41% of total imports. The second position in the ranking was held by India ($X), with a 20% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+87.7% per year) and China (+4.3% per year).

Import Prices by Country

In 2022, the average import price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, increasing by 2.4% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2018 when the average import price increased by 33%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average 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 ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :