Lead-acid accumulators for starting engines market in Bosnia and Herzegovina

Earlier Report Observations

Import volumes for lead-acid starter batteries grew consistently from 247 thousand units in 2018 to 379 thousand units in 2021. During this period, regulatory steps such as the competition authority's request for a list of authorized hazardous waste handlers in 2018 signaled tightening environmental controls over battery recycling, potentially affecting supply chain operations.

The market volume contracted to 312 thousand units in 2022, coinciding with the launch of federal subsidies for purchasing electric and hybrid vehicles, which dampened demand for traditional starter batteries. Market recovery began in 2023, rising to 332 thousand units, supported by the continued expansion of product offerings including modern AGM and EFB batteries from competing distributors like Exide, Varta, and ENRG, catering to vehicles with start-stop systems. Growth accelerated in 2024, with the market reaching 385 thousand units, alongside new subsidy rounds for electric vehicles and the deployment of battery systems for grid balancing, reflecting broader integration of storage technologies.

In value terms, the market expanded from 19.1 million USD in 2021 to 23.1 million USD in 2024. Domestic production remained minimal below 1 thousand units annually, making imports the dominant supply source, with import volumes projected to reach 432 thousand units in 2025.

Production lead-acid accumulators for starting engines in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US

In kind, 2018-2021, unit

Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, unit

Exports lead-acid accumulators for starting engines from Bosnia and Herzegovina

Exports in kind, K unit

Exports of lead-acid accumulators for starting engines from Bosnia and Herzegovina declined for the second year in a row. In 2021, the country exported 10.6 thousand units, marking a 9.5% decrease compared to 2020. Looking at the period from 2018 to 2021, exports fell by 10.9%, with an average annual decline of 3.8%. The highest export volume was recorded in 2019 at 19.2 thousand units, which saw a significant 61.9% increase from the previous year. However, in 2020, exports dropped sharply by 39.2%, reaching their lowest point during this timeframe.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, K unit

From 2018 to 2021, Montenegro and Serbia were the dominant markets for Bosnia and Herzegovina's exports of lead-acid accumulators for starting engines in kind. Together, these two countries accounted for 85.6% of total export flows, while the remaining 14.4% was distributed among various other destinations.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021

Exports in value, K $ US

In 2021, Bosnia and Herzegovina exported lead-acid accumulators for starting engines worth 591 thousand US dollars, showing a moderate 6.8% increase from the previous year. Over the 2018-2021 period, however, export value decreased by 8.8%, with an average annual decline of 3.0%. The lowest value was recorded in 2020 at 553 thousand US dollars, which represented a 38.5% drop from 2019. In contrast, 2019 saw the peak value of 900 thousand US dollars, reflecting a 39.0% increase from 2018.

Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US

Between 2018 and 2021, Montenegro and Serbia dominated Bosnia and Herzegovina's exports of lead-acid accumulators for starting engines in value terms, jointly accounting for 84.8% of total flows. Other destinations contributed smaller individual shares to the overall export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Bosnia and Herzegovina in value, 2018-2021

Imports lead-acid accumulators for starting engines to Bosnia and Herzegovina

Imports in kind, K unit

Imports of lead-acid accumulators for starting engines into Bosnia and Herzegovina increased for the third consecutive year. In 2021, the country imported 379.1 thousand units, representing a strong 21.8% rise compared to 2020. From 2018 to 2021, imports grew by 53.4%, equating to an average annual increase of 15.3%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, K unit

The import market for lead-acid accumulators for starting engines in kind was diverse from 2018 to 2021. North Macedonia, Czechia, and Poland were the top sources, but together they accounted for just 39.0% of total imports, with North Macedonia at 14.7%, Czechia at 12.2%, and Poland at 12.2%. The remaining 61.0% was shared among numerous other countries.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021

Imports in value, K $ US

Imports of lead-acid accumulators for starting engines into Bosnia and Herzegovina rose for the third year in a row. In 2021, import value reached 19 386 thousand US dollars, indicating a steep 28.2% increase from the previous year. Over the 2018-2021 period, import value grew by 46.4%, with an average annual growth rate of 13.6%.

Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US

From 2018 to 2021, imports of lead-acid accumulators for starting engines in value terms to Bosnia and Herzegovina came from a wide range of partner countries. North Macedonia, Czechia, and Poland were the leading sources, but together they made up only 38.9% of total import value, with North Macedonia contributing 14.6%, Czechia 12.1%, and Poland 12.1%. The majority of imports, 61.1%, originated from various other nations.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Bosnia and Herzegovina in value, 2018-2021