Thailand - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Thailand - 2023
Contents:
- Starter Motor Price in Thailand (FOB) - 2022
- Starter Motor Price in Thailand (CIF) - 2023
- Starter Motor Exports in Thailand
- Starter Motor Imports in Thailand
Starter Motor Price in Thailand (FOB) - 2022
The average starter motor export price stood at $18 per unit in 2022, reducing by -37.5% against the previous year. Overall, the export price showed a abrupt slump. The growth pace was the most rapid in 2021 an increase of 9.9% against the previous year. The export price peaked at $48 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Indonesia ($46 per unit), while the average price for exports to the United States ($5.9 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 Indonesia (+2.3%), while the prices for the other major destinations experienced a decline.
Starter Motor Price in Thailand (CIF) - 2023
The average starter motor import price stood at $10.0 per unit in September 2023, jumping by 48% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 342% m-o-m. As a result, import price attained the peak level of $40.8 per unit. From June 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was India ($37.4 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Exports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of starter motors and dual purpose starter generators, which increased by 12% to 4.4M units in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, starter motor exports contracted significantly to $79M in 2022. Overall, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, the exports attained the peak of $113M, and then contracted notably in the following year.
| Export of Starter Motor in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.8 | 10.6 | 16.2 | 16.3 | 18.5% |
| Japan | 18.4 | 15.2 | 22.5 | 11.5 | -14.5% |
| Indonesia | 10.7 | 5.6 | 9.9 | 9.5 | -3.9% |
| Malaysia | 6.8 | 3.6 | 5.9 | 7.4 | 2.9% |
| Czech Republic | N/A | N/A | 8.3 | 6.9 | -16.9% |
| India | 2.9 | 3.0 | 6.7 | 4.8 | 18.3% |
| South Africa | 6.2 | 3.9 | 4.2 | 3.6 | -16.6% |
| China | 2.9 | 2.7 | 2.7 | 2.4 | -6.1% |
| France | 9.3 | 6.6 | 5.6 | 1.4 | -46.8% |
| Germany | 9.6 | 7.9 | 3.5 | 0.7 | -58.2% |
| Others | 21.8 | 20.4 | 27.1 | 14.7 | -12.3% |
| Total | 98.3 | 79.5 | 113 | 79.1 | -7.0% |
Top Export Markets for Starter Motor from Thailand in 2022:
- United States (2778.2K units)
- Japan (299.9K units)
- Czech Republic (230.6K units)
- Indonesia (204.1K units)
- Malaysia (170.2K units)
- India (146.6K units)
- China (69.9K units)
- South Africa (59.5K units)
- France (53.5K units)
- Germany (23.9K units)
Starter Motor Imports in Thailand
In 2022, starter motor imports into Thailand stood at 3.7M units, growing by 9.8% on the previous year. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, starter motor imports expanded notably to $65M in 2022. Over the period under review, imports, however, recorded a deep slump. Over the period under review, imports hit record highs at $82M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Starter Motor in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 32.8 | 16.7 | 18.1 | 18.9 | -16.8% |
| China | 12.5 | 11.3 | 13.3 | 12.9 | 1.1% |
| Sweden | 0.5 | 0.1 | N/A | 10.3 | 174.1% |
| India | 8.5 | 5.7 | 8.7 | 4.7 | -17.9% |
| South Korea | 6.1 | 3.5 | 4.3 | 4.1 | -12.4% |
| Indonesia | 4.1 | 4.1 | 4.2 | 3.7 | -3.4% |
| Poland | 0.8 | 1.0 | 1.4 | 1.2 | 14.5% |
| Others | 17.0 | 17.9 | 10.7 | 9.6 | -17.3% |
| Total | 82.2 | 60.3 | 60.8 | 65.4 | -7.3% |
Top Suppliers of Starter Motor to Thailand in 2022:
- China (1464.6K units)
- Japan (1163.8K units)
- India (307.2K units)
- Indonesia (279.5K units)
- South Korea (178.1K units)
- Sweden (119.8K units)
- Poland (63.7K units)
This report provides an in-depth analysis of the starter motor market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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