India - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in India - 2023
Contents:
- Starter Motor Price in India (FOB) - 2023
- Starter Motor Price in India (CIF) - 2023
- Starter Motor Exports in India
- Starter Motor Imports in India
Starter Motor Price in India (FOB) - 2023
The average starter motor export price stood at $30.5 per unit in July 2023, falling by -10.3% against the previous month. Over the period under review, the export price recorded a mild contraction. The growth pace was the most rapid in February 2023 an increase of 24% against the previous month. The export price peaked at $35.0 per unit in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Germany ($43.1 per unit), while the average price for exports to Mexico ($4.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Starter Motor Price in India (CIF) - 2023
In July 2023, the average starter motor import price amounted to $35.6 per unit, picking up by 1.8% against the previous month. In general, the import price, however, recorded a slight curtailment. The pace of growth was the most pronounced in September 2022 an increase of 34% against the previous month. The import price peaked at $58.7 per unit in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Czech Republic ($458 per unit), while the price for China ($9.6 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Exports in India
In 2022, the amount of starter motors and dual purpose starter generators exported from India dropped to 4.9M units, which is down by -3% compared with the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 51%. As a result, the exports attained the peak of 5.1M units, and then fell slightly in the following year.
In value terms, starter motor exports fell remarkably to $149M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.1% 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 +30.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 73%. As a result, the exports reached the peak of $198M, and then declined markedly in the following year.
| Export of Starter Motor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.5 | 37.3 | 47.3 | 34.9 | -4.0% |
| United States | 21.6 | 15.0 | 43.0 | 31.7 | 13.6% |
| United Kingdom | 5.7 | 7.5 | 16.7 | 12.3 | 29.2% |
| Thailand | 10.2 | 5.3 | 7.9 | 5.8 | -17.2% |
| Italy | 2.8 | 2.5 | 7.4 | 5.5 | 25.2% |
| South Africa | 4.9 | 4.1 | 6.7 | 4.9 | 0.0% |
| Turkey | 0.8 | 1.2 | 6.6 | 4.8 | 81.7% |
| Romania | 0.5 | 4.7 | 6.6 | 4.8 | 112.5% |
| Belgium | 1.8 | 6.1 | 5.7 | 4.2 | 32.6% |
| Hungary | 0.2 | 0.4 | 5.4 | 4.0 | 171.4% |
| Mexico | 1.6 | 4.2 | 4.6 | 3.4 | 28.6% |
| Brazil | 4.4 | 2.6 | 2.4 | 2.3 | -19.4% |
| Bangladesh | 1.9 | 1.5 | 2.0 | 1.5 | -7.6% |
| Others | 32.7 | 22.2 | 36.0 | 28.9 | -4.0% |
| Total | 129 | 114 | 198 | 149 | 4.9% |
Top Export Markets for Starter Motor from India in 2022:
- Germany (1067.4K units)
- United States (561.7K units)
- United Kingdom (336.5K units)
- Bangladesh (251.8K units)
- Italy (228.3K units)
- Thailand (213.3K units)
- Mexico (203.8K units)
- Romania (168.2K units)
- Turkey (159.2K units)
- Belgium (140.1K units)
- Brazil (129.6K units)
- South Africa (129.5K units)
- Hungary (117.9K units)
Starter Motor Imports in India
For the third year in a row, India recorded decline in overseas purchases of starter motors and dual purpose starter generators, which decreased by -29.5% to 1.3M units in 2022. In general, imports continue to indicate a abrupt shrinkage. The smallest decline of less than 0.1% was in 2021. Over the period under review, imports reached the peak figure at 2.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, starter motor imports shrank significantly to $59M in 2022. Overall, imports saw a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by 78%. As a result, imports attained the peak of $84M, and then contracted notably in the following year.
| Import of Starter Motor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.1 | 9.1 | 14.8 | 9.7 | -7.1% |
| United States | 7.9 | 4.8 | 6.8 | 4.5 | -17.1% |
| South Korea | 7.6 | 7.9 | 3.0 | 4.0 | -19.3% |
| Germany | 5.7 | 3.7 | 4.1 | 2.9 | -20.2% |
| Japan | 6.2 | 2.8 | 3.8 | 2.8 | -23.3% |
| Thailand | 3.3 | 1.7 | 3.6 | 2.4 | -10.1% |
| Indonesia | 1.3 | 0.8 | 1.7 | 1.1 | -5.4% |
| Others | 18.9 | 16.4 | 45.9 | 31.3 | 18.3% |
| Total | 63.1 | 47.2 | 83.8 | 58.6 | -2.4% |
Top Suppliers of Starter Motor to India in 2022:
- China (778.2K units)
- South Korea (126.9K units)
- Indonesia (93.3K units)
- Japan (93.1K units)
- Thailand (70.7K units)
- Germany (48.4K units)
- United States (29.8K units)
This report provides an in-depth analysis of the starter motor market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
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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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