United Kingdom - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in the UK - 2023
Contents:
- Starter Motor Price in the UK (CIF) - 2022
- Starter Motor Price in the UK (FOB) - 2022
- Starter Motor Imports in the UK
- Starter Motor Exports in the UK
Starter Motor Price in the UK (CIF) - 2022
In 2022, the average starter motor import price amounted to $78 per unit, shrinking by -9.7% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starter motor import price decreased by -18.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum at $96 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 ($98 per unit), while the price for Italy ($41 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Starter Motor Price in the UK (FOB) - 2022
The average starter motor export price stood at $40 per unit in 2022, waning by -6% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. The export price peaked at $67 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Ethiopia ($73 per unit), while the average price for exports to Poland ($29 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 Denmark (+0.7%), while the prices for the other major destinations experienced a decline.
Starter Motor Imports in the UK
In 2022, the amount of starter motors and dual purpose starter generators imported into the UK totaled 3.8M units, surging by 9% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked at 3.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, starter motor imports declined slightly to $299M in 2022. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports attained the maximum at $376M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Starter Motor in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 213 | 125 | 130 | 133 | -14.5% |
France | 7.4 | 11.4 | 46.5 | 40.2 | 75.8% |
Japan | 34.7 | 15.5 | 19.7 | 19.8 | -17.1% |
China | 20.7 | 11.8 | 18.9 | 16.3 | -7.7% |
Germany | 16.3 | 16.0 | 18.7 | 16.1 | -0.4% |
Slovenia | 9.4 | 7.6 | 16.6 | 14.4 | 15.3% |
India | 4.8 | 7.4 | 15.9 | 13.7 | 41.8% |
Denmark | 16.2 | 17.6 | 1.7 | 10.1 | -14.6% |
Italy | 11.7 | 8.4 | 7.4 | 7.8 | -12.6% |
South Korea | 10.6 | 8.2 | 5.6 | 6.9 | -13.3% |
Belgium | 6.6 | 4.8 | 5.9 | 5.1 | -8.2% |
Netherlands | 5.8 | 5.4 | 5.1 | 4.6 | -7.4% |
Others | 19.0 | 11.0 | 11.9 | 11.2 | -16.2% |
Total | 376 | 250 | 304 | 299 | -7.4% |
Top Suppliers of Starter Motor to the UK in 2022:
- United States (1353.0K units)
- France (419.0K units)
- China (365.1K units)
- Japan (349.7K units)
- Slovenia (222.7K units)
- Italy (192.6K units)
- Germany (168.2K units)
- Denmark (154.0K units)
- India (145.5K units)
- South Korea (139.3K units)
- Netherlands (82.7K units)
- Belgium (67.0K units)
Starter Motor Exports in the UK
In 2022, starter motor exports from the UK totaled 5.2M units, increasing by 1.9% compared with 2021. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2021 when exports increased by 145% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, starter motor exports shrank modestly to $208M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports attained the peak of $217M, and then shrank slightly in the following year.
Export of Starter Motor in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 42.9 | 34.3 | 48.8 | 41.6 | -1.0% |
India | 17.1 | 11.6 | 40.8 | 34.7 | 26.6% |
Slovakia | 2.0 | 0.7 | 20.8 | 17.7 | 106.8% |
Ethiopia | 30.6 | 13.7 | 9.8 | 16.3 | -18.9% |
France | 6.6 | 3.8 | 19.0 | 16.2 | 34.9% |
Germany | 9.7 | 10.9 | 13.5 | 11.5 | 5.8% |
Netherlands | 2.0 | 2.6 | 9.1 | 7.7 | 56.7% |
Jordan | N/A | N/A | 8.8 | 7.5 | -14.8% |
Denmark | 14.8 | 5.2 | 0.9 | 6.4 | -24.4% |
Belgium | 4.4 | 4.4 | 4.5 | 3.9 | -3.9% |
China | 5.8 | 4.1 | 1.9 | 3.6 | -14.7% |
Poland | 3.3 | 2.1 | 2.5 | 2.4 | -10.1% |
Others | 37.4 | 35.9 | 36.8 | 38.8 | 1.2% |
Total | 176 | 129 | 217 | 208 | 5.7% |
Top Export Markets for Starter Motor from the UK in 2022:
- United States (1117.1K units)
- India (934.2K units)
- Slovakia (476.5K units)
- France (434.9K units)
- Germany (308.4K units)
- Ethiopia (225.1K units)
- Netherlands (208.0K units)
- Jordan (202.0K units)
- Denmark (118.2K units)
- Belgium (102.4K units)
- Poland (81.2K units)
- China (56.8K units)
This report provides an in-depth analysis of the starter motor market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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