U.S. - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

U.S. - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights

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Starter Motor Price in the United States - 2023

Contents:

  1. Starter Motor Price in the United States (CIF) - 2023
  2. Starter Motor Price in the United States (FOB) - 2023
  3. Starter Motor Imports in the United States
  4. Starter Motor Exports in the United States

Starter Motor Price in the United States (CIF) - 2023

In August 2023, the average starter motor import price amounted to $62.0 per unit, rising by 6.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 16% month-to-month. As a result, import price attained the peak level of $68.8 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($148 per unit), while the price for China ($29.3 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by South Korea (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Starter Motor Price in the United States (FOB) - 2023

The average starter motor export price stood at $47.5 per unit in September 2023, surging by 1.9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 4.3% against the previous month. As a result, the export price reached the peak level of $48.1 per unit. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In September 2023, the countries with the highest prices were Canada ($59.6 per unit) and Thailand ($48.7 per unit), while the average price for exports to Italy ($40.8 per unit) and the UK ($40.9 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports in the United States

In 2022, the amount of starter motors and dual purpose starter generators imported into the United States shrank slightly to 25M units, declining by -2.7% compared with the year before. Overall, imports saw a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked at 26M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, starter motor imports rose markedly to $1.5B in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Starter Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4813984715041.6%
Japan2692422892932.9%
China1891792112347.4%
South Korea44.434.254.875.719.5%
India37.924.453.438.10.2%
Malaysia17.317.715.419.23.5%
Others379274322329-4.6%
Total1,4171,1691,4161,4941.8%

Top Suppliers of Starter Motor to the United States in 2022:

  1. Mexico (8.4M units)
  2. China (7.3M units)
  3. Japan (4.5M units)
  4. South Korea (1.5M units)
  5. India (0.7M units)
  6. Malaysia (0.5M units)

Starter Motor Exports in the United States

In 2022, after two years of decline, there was significant growth in overseas shipments of starter motors and dual purpose starter generators, when their volume increased by 16% to 15M units. Over the period under review, exports, however, saw a deep slump. The exports peaked at 19M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, starter motor exports skyrocketed to $683M in 2022. In general, exports, however, showed a abrupt decline. The exports peaked at $835M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Starter Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico289228197231-7.2%
Canada14810893.71520.9%
United Kingdom17911295.0101-17.4%
Germany59.634.121.825.5-24.6%
Australia12.912.113.517.210.1%
Saudi Arabia13.811.215.616.76.6%
France4.67.29.713.442.8%
Singapore8.613.67.810.36.2%
Others11898.0112117-0.3%
Total835623567683-6.5%

Top Export Markets for Starter Motor from the United States in 2022:

  1. Mexico (5.2M units)
  2. Canada (2.8M units)
  3. United Kingdom (2.5M units)
  4. Germany (0.6M units)
  5. Saudi Arabia (0.4M units)
  6. Australia (0.4M units)
  7. France (0.3M units)
  8. Singapore (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starter motor market in the U.S.. 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 States

Data coverage:

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