Luxembourg - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Luxembourg - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights

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Starter Motor Price in Luxembourg - 2023

Contents:

  1. Starter Motor Price in Luxembourg (CIF) - 2022
  2. Starter Motor Price in Luxembourg (FOB) - 2022
  3. Starter Motor Imports in Luxembourg
  4. Starter Motor Exports in Luxembourg

Starter Motor Price in Luxembourg (CIF) - 2022

In 2022, the average starter motor import price amounted to $190 per unit, surging by 34% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($428 per unit), while the price for Poland ($70 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 (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Starter Motor Price in Luxembourg (FOB) - 2022

In 2022, the average starter motor export price amounted to $77 per unit, jumping by 27% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +85.2% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 37%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($100 per unit), while the average price for exports to Germany ($52 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 France (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports in Luxembourg

In 2022, overseas purchases of starter motors and dual purpose starter generators decreased by -34.5% to 3.5K units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 7.6%. As a result, imports attained the peak of 6.9K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, starter motor imports shrank to $660K in 2022. In general, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $836K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Starter Motor in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12043336123324.8%
United States43.193.775.215753.9%
Germany236190205147-14.6%
France13490.875.953.5-26.4%
Netherlands21.622.515.024.34.0%
United Kingdom73.70.93.615.1-41.0%
Poland3.70.75.79.135.0%
Others1065.17.521.0-41.7%
Total738836750660-3.7%

Top Suppliers of Starter Motor to Luxembourg in 2022:

  1. Belgium (1176.0 units)
  2. Germany (1009.0 units)
  3. United States (366.0 units)
  4. Netherlands (328.0 units)
  5. France (287.0 units)
  6. Poland (130.0 units)
  7. United Kingdom (62.0 units)

Starter Motor Exports in Luxembourg

In 2022, shipments abroad of starter motors and dual purpose starter generators decreased by -82.5% to 720 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 382% against the previous year. As a result, the exports attained the peak of 15K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, starter motor exports shrank rapidly to $55K in 2022. In general, exports faced a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 561% against the previous year. As a result, the exports reached the peak of $913K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Starter Motor in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium45.646.242.037.7-6.1%
France75.919445.57.7-53.4%
Netherlands2.562.710.96.638.2%
Germany7.24491333.4-22.1%
SpainN/A25.16.1N/A-75.7%
United KingdomN/A57.0N/AN/A0%
Others6.978.213.30.1-75.6%
Total13891325155.5-26.2%

Top Export Markets for Starter Motor from Luxembourg in 2022:

  1. Belgium (484.0 units)
  2. Netherlands (93.0 units)
  3. France (77.0 units)
  4. Germany (66.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starter motor market in Luxembourg. 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:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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