Belgium - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Belgium - 2023
Contents:
- Starter Motor Price in Belgium (FOB) - 2022
- Starter Motor Price in Belgium (CIF) - 2022
- Starter Motor Exports in Belgium
- Starter Motor Imports in Belgium
Starter Motor Price in Belgium (FOB) - 2022
In 2022, the average starter motor export price amounted to $88 per unit, surging by 15% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starter motor export price increased by +112.1% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 54% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($143 per unit), while the average price for exports to Nigeria ($13 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 the UK (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Starter Motor Price in Belgium (CIF) - 2022
The average starter motor import price stood at $55 per unit in 2022, increasing by 7.8% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. As a result, import price attained the peak level of $76 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($122 per unit), while the price for Hungary ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Exports in Belgium
In 2022, approx. 534K units of starter motors and dual purpose starter generators were exported from Belgium; shrinking by -34.6% compared with 2021. In general, exports showed a dramatic slump. The smallest decline of -14.9% was in 2020. Over the period under review, the exports reached the maximum at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, starter motor exports contracted sharply to $47M in 2022. Overall, exports recorded a slight descent. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, the exports attained the peak of $64M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Starter Motor in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.0 | 8.9 | 11.0 | 7.4 | -2.6% |
| Germany | 5.1 | 5.7 | 5.8 | 4.8 | -2.0% |
| United Kingdom | 5.8 | 13.6 | 7.1 | 4.2 | -10.2% |
| Netherlands | 2.7 | 3.7 | 4.3 | 3.6 | 10.1% |
| Turkey | 0.5 | 0.8 | 0.8 | 2.2 | 63.9% |
| Spain | 3.4 | 3.4 | 4.8 | 2.2 | -13.5% |
| United States | 3.6 | 3.9 | 2.3 | 2.0 | -17.8% |
| Australia | 0.5 | 1.5 | 1.6 | 1.9 | 56.0% |
| Italy | 2.6 | 2.2 | 2.3 | 1.8 | -11.5% |
| Sweden | 1.1 | 1.5 | 1.8 | 1.4 | 8.4% |
| Poland | 1.0 | 1.0 | 1.0 | 0.8 | -7.2% |
| Brazil | 1.2 | 1.3 | 0.6 | 0.5 | -25.3% |
| Nigeria | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 13.3 | 16.2 | 19.0 | 14.1 | 2.0% |
| Total | 48.8 | 63.9 | 62.6 | 47.1 | -1.2% |
Top Export Markets for Starter Motor from Belgium in 2022:
- France (83.4K units)
- Netherlands (50.7K units)
- Germany (41.2K units)
- Turkey (35.0K units)
- United States (34.6K units)
- United Kingdom (29.4K units)
- Spain (21.7K units)
- Australia (21.4K units)
- Poland (16.4K units)
- Italy (15.9K units)
- Sweden (13.4K units)
- Nigeria (10.4K units)
- Brazil (9.6K units)
Starter Motor Imports in Belgium
In 2022, supplies from abroad of starter motors and dual purpose starter generators decreased by -19.9% to 969K units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 113%. As a result, imports reached the peak of 1.6M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, starter motor imports contracted to $53M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, imports reached the peak of $69M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Starter Motor in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.1 | 7.8 | 12.9 | 13.7 | 415.5% |
| Germany | 7.9 | 7.6 | 7.7 | 6.5 | -6.3% |
| Netherlands | 3.6 | 5.8 | 6.8 | 6.0 | 18.6% |
| India | 1.1 | 3.5 | 4.3 | 4.0 | 53.8% |
| China | 1.2 | 2.7 | 2.5 | 3.1 | 37.2% |
| France | 4.2 | 4.6 | 3.8 | 3.0 | -10.6% |
| Mexico | 1.9 | 4.6 | 3.2 | 2.7 | 12.4% |
| Japan | 3.4 | 5.7 | 3.7 | 2.7 | -7.4% |
| United Kingdom | 1.7 | 5.9 | 1.3 | 2.5 | 13.7% |
| Taiwan (Chinese) | 0.8 | 0.7 | 0.6 | 1.1 | 11.2% |
| Italy | 0.3 | 0.7 | 1.2 | 0.9 | 44.2% |
| Poland | 4.1 | 3.1 | 1.9 | 0.9 | -39.7% |
| Tunisia | 2.0 | 7.4 | 3.9 | 0.3 | -46.9% |
| Others | 10.0 | 8.6 | 7.9 | 5.9 | -16.1% |
| Total | 42.2 | 68.9 | 61.8 | 53.4 | 8.2% |
Top Suppliers of Starter Motor to Belgium in 2022:
- Spain (183.0K units)
- Germany (171.8K units)
- Netherlands (154.6K units)
- India (78.0K units)
- China (60.0K units)
- Mexico (54.1K units)
- France (48.0K units)
- Japan (31.9K units)
- Taiwan (Chinese) (25.1K units)
- Poland (23.4K units)
- Italy (21.2K units)
- United Kingdom (20.8K units)
- Tunisia (7.2K units)
This report provides an in-depth analysis of the starter motor market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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