The market is dominated by foreign suppliers, as imports account for 94.9% of total market size in 2023. B2B drives market demand, with B2B spending representing 89.4% of total demand in 2023. Australia has the 12th largest market size for accumulators, primary cells and primary batteries across the top 20 developed countries, with demand reaching USD1.8 billion in 2023. Century Yuasa Batteries Pty Ltd is the largest company in Australia, generating 21.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 34.3% of total production value in 2023. The total number of companies increases in 2023, to 101 units. The costs of the industry increase by 1.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 12.4% of production value in 2023, the third highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 57.3% of total production output. With production value of USD184 million, Australia accounts for 76.2% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Australia: 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 Australia: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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