The market is dominated by foreign suppliers, as imports account for 95.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 46.6% of total demand in 2023. Spain has the seventh largest market size for accumulators, primary cells and primary batteries regionally, with demand reaching USD2.5 billion in 2023. Exide Technologies SLU is the largest company in Spain, generating 36.9% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 73.9% of total production value in 2023. The total number of companies increases in 2023, to 37 units. The costs of the industry increase by 13.5% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.4% of production value in 2023, the sixth highest regionally. The industry’s exports share decreases in 2023 to 93.4% of total production output. With production value of USD1.5 billion, Spain accounts for 6.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Spain: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Spain: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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