Not for starting engines lead-acid accumulators market in Italy

Earlier Report Observations

The Italian market for lead-acid accumulators not for starting engines contracted slightly in 2019, reaching a value of 334.6 million dollars. A strong expansion followed, with the market size rising to 458.1 million dollars by 2022. This growth was primarily driven by new fiscal policies, including a tax credit for energy storage systems linked to renewable energy plants valid for 2022 and the extension of the Ecobonus renovation incentive, which offered a 50% tax deduction for batteries paired with photovoltaic installations until 2024.

Market value dipped to 403.9 million dollars in 2023 before recovering to 457.2 million dollars in 2024. The rebound was supported by the continued validity of the 50% tax deduction for storage systems until the end of 2024. Concurrently, technological discussions progressed regarding the role of lead-acid batteries in electric and mild-hybrid vehicles, and the industry saw the development of intelligent 12V Li-ion modules as potential alternatives for specific traction and auxiliary power applications.

Production not for starting engines lead-acid accumulators in Italy

In value, 2017-2020, M $ US

Italy's production of lead-acid accumulators not for starting engines declined for the second consecutive year. In 2019, output was valued at 272.4 million US dollars, marking a 2.9% year-over-year decrease. Between 2017 and 2019, production fell by 28.5%, which translates to an annualized decline of 10.6%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

In 2019, Italy produced 6,109 thousand units of lead-acid accumulators not for starting engines, representing a modest decline of 9.3% compared to the previous year. Between 2017 and 2019, production increased by 31%, with an annualized growth rate of 9.4%. The peak was recorded in 2018 at 6,735 thousand units, which also saw the largest increase of 44.4%.

Annual dynamics of production in Italy in kind, 2017-2020, K unit

Exports not for starting engines lead-acid accumulators from Italy

Exports in kind, K unit

Italy's exports of lead-acid accumulators not for starting engines increased for the third consecutive year. In 2020, exports reached 3,417 thousand units, showing a solid gain of 20.3% compared to the prior year. Over the period from 2017 to 2020, exports grew by 86.4%, with a compound annual growth rate of 23.1%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K unit

From 2017 to 2020, Italy supplied lead-acid accumulators not for starting engines to a wide range of markets. Even the largest destinations—Germany, France, and the United Kingdom—collectively accounted for only 34.4% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's exports of lead-acid accumulators not for starting engines increased for the third consecutive year. In 2020, exports amounted to 247.9 million US dollars, indicating a moderate rise of 3.7% compared to 2019. Between 2017 and 2020, exports increased by 20.6%, with an annualized growth rate of 6.4%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

During 2017–2020, Germany, France, and the United Kingdom played notable but not dominant roles as buyers of lead-acid accumulators not for starting engines from Italy. Their combined share reached only 34.2% of total exports in value terms, with Germany at 12.5%, France at 11.9%, and the United Kingdom at 9.8%.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports not for starting engines lead-acid accumulators to Italy

Imports in kind, K unit

The import market for lead-acid accumulators not for starting engines in Italy showed an unstable trend over the period. The minimum value was recorded in 2018 at 2,987 thousand units, while the maximum was in 2019 at 73,539 thousand units, resulting in a 25-fold variation between these years. In 2020, imports stood at 3,110 thousand units, marking a sharp decline of 95.8% year-over-year. The largest increase occurred in 2019, at 2,361.8%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K unit

Data from 2017 to 2020 indicate that Italy's imports of lead-acid accumulators not for starting engines in volume terms were not heavily concentrated. China, Poland, and Slovenia together accounted for only 48.2% of total flows, with shares of 22.6%, 13.0%, and 12.6%, respectively.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

After a two-year rise, Italy's imports of lead-acid accumulators not for starting engines declined. In 2020, imports stood at 271.3 million US dollars, showing a moderate decrease of 10.0% compared to 2019. Between 2017 and 2020, imports decreased by 9.5%, with an annualized decline of 3.3%. The maximum value was recorded in 2019 at 301.3 million US dollars, while the largest increase was in 2018 at 0.3%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

From 2017 to 2020, the geographical structure of Italy's imports in value terms was highly diversified. China, Poland, and Slovenia together accounted for only 47.6% of total flows, with shares of 22.0%, 13.2%, and 12.4%, respectively, while the remaining 52.4% was distributed among numerous smaller partner countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020