Turkey - Lead-Acid Accumulators (Excluding Starter Batteries) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey - 2023
Contents:
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (CIF) - 2023
- Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (FOB) - 2022
- Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey
- Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (CIF) - 2023
In July 2023, the average import price for lead-acid accumulators (excluding starter batteries) amounted to $6.8 per unit, falling by -29.1% against the previous month. Over the period under review, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 96% m-o-m. As a result, import price attained the peak level of $13.3 per unit. From March 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Portugal ($23.1 per unit), while the price for Malaysia ($4.3 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (FOB) - 2022
In 2022, the average export price for lead-acid accumulators (excluding starter batteries) amounted to $53 per unit, shrinking by -6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $63 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($101 per unit), while the average price for exports to Georgia ($15 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 Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey
For the fourth consecutive year, Turkey recorded growth in purchases abroad of lead-acid accumulators (excluding starter batteries), which increased by 18% to 19M units in 2022. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lead-acid accumulators (excluding starter batteries) imports skyrocketed to $163M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 58.1 | 67.3 | 62.5 | 83.5 | 12.9% |
Malaysia | 1.3 | 2.7 | 10.5 | 12.2 | 110.9% |
Vietnam | 9.6 | 11.0 | 12.0 | 11.5 | 6.2% |
Portugal | 6.9 | 7.5 | 7.7 | 10.6 | 15.4% |
Others | 27.7 | 28.8 | 37.0 | 45.0 | 17.6% |
Total | 104 | 117 | 130 | 163 | 16.2% |
Top Suppliers of Lead-Acid Accumulators (Excluding Starter Batteries) to Turkey in 2022:
- China (12.5M units)
- Malaysia (3.1M units)
- Vietnam (1.8M units)
- Portugal (0.4M units)
Exports of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey
In 2022, approx. 838K units of lead-acid accumulators (excluding starter batteries) were exported from Turkey; growing by 40% compared with the previous year's figure. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, lead-acid accumulators (excluding starter batteries) exports soared to $44M in 2022. In general, exports posted a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Lead-Acid Accumulators (Excluding Starter Batteries) in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 2.1 | 1.5 | 3.3 | 6.0 | 41.9% |
Germany | 9.4 | 4.0 | 9.6 | 4.8 | -20.1% |
United Kingdom | 0.8 | 0.8 | 2.1 | 4.3 | 75.2% |
Italy | 3.6 | 3.6 | 5.5 | 3.8 | 1.8% |
Ukraine | N/A | N/A | N/A | 2.5 | 0% |
Azerbaijan | 1.9 | 1.2 | 2.2 | 2.2 | 5.0% |
Netherlands | 2.5 | N/A | 0.1 | 2.2 | -4.2% |
Iraq | 1.5 | 0.7 | 0.6 | 1.8 | 6.3% |
Greece | N/A | N/A | N/A | 1.2 | 0% |
Kazakhstan | 0.3 | 0.4 | 0.5 | 0.8 | 38.7% |
Cyprus | 0.4 | 0.4 | 0.6 | 0.8 | 26.0% |
Uzbekistan | 0.2 | 0.1 | 0.6 | 0.7 | 51.8% |
Georgia | 0.3 | 0.3 | 0.5 | 0.7 | 32.6% |
Others | 9.3 | 7.8 | 8.2 | 12.2 | 9.5% |
Total | 32.2 | 20.9 | 33.8 | 44.1 | 11.1% |
Top Export Markets for Lead-Acid Accumulators (Excluding Starter Batteries) from Turkey in 2022:
- Ukraine (87.5K units)
- Azerbaijan (73.4K units)
- Germany (60.3K units)
- Israel (59.2K units)
- Greece (49.6K units)
- Georgia (48.6K units)
- United Kingdom (43.6K units)
- Italy (42.0K units)
- Cyprus (29.2K units)
- Kazakhstan (28.4K units)
- Iraq (27.0K units)
- Uzbekistan (24.2K units)
- Netherlands (24.1K units)
This report provides an in-depth analysis of the market for lead-acid accumulators (excluding starter batteries) in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In March 2023, the price of the Starter Battery remained stable at $40.9 per unit (FOB, Turkey), matching the previous month.