Australia - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Australia - 2023
Contents:
- Starter Motor Price in Australia (CIF) - 2022
- Starter Motor Price in Australia (FOB) - 2022
- Starter Motor Imports in Australia
- Starter Motor Exports in Australia
Starter Motor Price in Australia (CIF) - 2022
In 2022, the average starter motor import price amounted to $81 per unit, falling by -23% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 6.6%. Over the period under review, average import prices attained the peak figure at $113 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($225 per unit), while the price for Taiwan (Chinese) ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Price in Australia (FOB) - 2022
The average starter motor export price stood at $22 per unit in 2022, surging by 2.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 103% against the previous year. The export price peaked at $67 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($63 per unit), while the average price for exports to Belgium ($7.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+80.6%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Motor Imports in Australia
For the fourth year in a row, Australia recorded growth in overseas purchases of starter motors and dual purpose starter generators, which increased by 82% to 868K units in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starter motor imports soared to $71M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Starter Motor in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.8 | 12.0 | 13.5 | 18.3 | 15.8% |
| Mexico | 8.0 | 9.0 | 9.2 | 12.5 | 16.0% |
| United States | 8.9 | 6.5 | 6.6 | 9.8 | 3.3% |
| Japan | 5.3 | 5.5 | 6.5 | 8.9 | 18.9% |
| Germany | 5.1 | 4.4 | 4.4 | 6.2 | 6.7% |
| Hungary | 1.3 | 1.1 | 1.3 | 1.8 | 11.5% |
| South Korea | 1.0 | 0.9 | 0.8 | 1.2 | 6.3% |
| Taiwan (Chinese) | 0.9 | 0.6 | 0.5 | 0.9 | 0.0% |
| India | 0.3 | 0.3 | 0.7 | 0.9 | 44.2% |
| Others | 7.0 | 5.4 | 6.9 | 10.0 | 12.6% |
| Total | 49.8 | 45.7 | 50.4 | 70.5 | 12.3% |
Top Suppliers of Starter Motor to Australia in 2022:
- China (502.9K units)
- Japan (69.1K units)
- Mexico (55.5K units)
- United States (47.9K units)
- Germany (39.0K units)
- Taiwan (Chinese) (28.7K units)
- Hungary (27.1K units)
- South Korea (18.2K units)
- India (14.5K units)
Starter Motor Exports in Australia
In 2022, the amount of starter motors and dual purpose starter generators exported from Australia surged to 359K units, jumping by 25% on 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 80%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, starter motor exports surged to $8.1M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Starter Motor in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,481 | 1,728 | 2,508 | 3,060 | 27.4% |
| United States | 1,205 | 631 | 707 | 1,016 | -5.5% |
| Papua New Guinea | 721 | 225 | 268 | 485 | -12.4% |
| Indonesia | 184 | 306 | 324 | 395 | 29.0% |
| Philippines | 18.4 | 14.8 | 289 | 352 | 167.4% |
| Germany | 261 | 66.6 | 69.4 | 159 | -15.2% |
| Belgium | 26.1 | 19.1 | 58.1 | 70.9 | 39.5% |
| Others | 1,701 | 1,462 | 2,112 | 2,532 | 14.2% |
| Total | 5,596 | 4,451 | 6,334 | 8,069 | 13.0% |
Top Export Markets for Starter Motor from Australia in 2022:
- New Zealand (238.2K units)
- United States (38.6K units)
- Papua New Guinea (24.6K units)
- Germany (10.4K units)
- Belgium (9.7K units)
- Philippines (8.6K units)
- Indonesia (6.3K units)
This report provides an in-depth analysis of the starter motor market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312230 - Starter motors and dual-purpose starter-generators
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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