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

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

The Tunisian market for lead-acid accumulators (excluding starter batteries) shrank slightly to $X in 2022, which is down by -3.5% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -25.8% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, lead-acid accumulators (excluding starter batteries) production totaled $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 54%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Lead-Acid Accumulators (Excluding Starter Batteries)

Exports from Tunisia

In 2022, the amount of lead-acid accumulators (excluding starter batteries) exported from Tunisia totaled X units, remaining relatively unchanged against the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 842%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lead-acid accumulators (excluding starter batteries) exports contracted modestly to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 646% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Italy (X units) was the main destination for lead-acid accumulators (excluding starter batteries) exports from Tunisia, with a 42% share of total exports. Moreover, lead-acid accumulators (excluding starter batteries) exports to Italy exceeded the volume sent to the second major destination, Poland (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +15.2%.

In value terms, Italy ($X) remains the key foreign market for lead-acid accumulators (excluding starter batteries) exports from Tunisia, comprising 41% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +10.0%.

Export Prices by Country

In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $X per unit, reducing by -4.2% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 11% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-4.6%).

Imports of Lead-Acid Accumulators (Excluding Starter Batteries)

Imports into Tunisia

In 2022, lead-acid accumulators (excluding starter batteries) imports into Tunisia shrank to X units, falling by -14.2% on the previous year's figure. In general, imports, however, posted tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 143%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, lead-acid accumulators (excluding starter batteries) imports contracted to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 213% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

France (X units), Poland (X units) and China (X units) were the main suppliers of lead-acid accumulators (excluding starter batteries) imports to Tunisia, together accounting for 35% of total imports. Germany, Spain, Italy and Slovenia lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +59.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Poland ($X) and Spain ($X) were the largest lead-acid accumulators (excluding starter batteries) suppliers to Tunisia, with a combined 33% share of total imports.

Spain, with a CAGR of +48.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for lead-acid accumulators (excluding starter batteries) stood at $X per unit in 2022, rising by 9.5% against the previous year. Over the period under review, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 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 Italy ($X per unit), while the price for China ($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 (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform