• Approximately €2 billion of EU-27 country exports of lead-acid batteries are consumed by non-EU countries such as the United Kingdom, United States, Russia, Switzerland, and China.
For 2020, approximately €2.0 billion (1,957 MEUR) worth of lead acid battery exports are traded with non-EU countries. The top external markets (by value, based on size of the square) are the United Kingdom, United States, Russia, Switzerland, China, and South Africa as shown in Figure 3-2.
How does the European lead battery industry contribute to economic growth?
Beyond jobs, the European lead battery industry annually supports the following4: 1.9 billion EUR in social security payments. The industry also contributes to wider economic growth by enabling households and businesses to be more productive.
The effects of European lead batteries do not stop with the manufacturing supply chain. Downstream users of lead batteries consume them as industrial inputs to production and operation, while households use them to power their vehicles and a host of other applications.
How much lead is recycled in the EU?
Between 90 % and 100 % of lead is recovered, with most Member States reporting rates of 97 % and higher. The average collection rate for portable batteries in the EU is much lower. In 2018, nearly 48 % of portable batteries sold in the EU were collected for recycling. This means that large amounts of valuable resources are lost.
How much money does the European lead battery industry make?
Social Security Payments Section 1 noted that the European lead battery industry including suppliers generated approximately 7.6 billion EUR in income in 2019 and 14.7 BEUR in GDP. In addition to employee compensation, the industry generates 1.9 billion EUR annually in social security payments to national governments.
y. Mining permitting is one of the issues to be addressed. The new proposal for a Battery Regulation will help Europe to become leader in the circular economy of batteries, tarting from sustainable mining and ending with recycling. The EU should also step up technological capability in cheaper storage/longer