Central Asia: Starter Motor Market 2024

Starter Motor Market Size in Central Asia

The Central Asian starter motor market expanded markedly to $X in 2022, rising by X% against the previous year. Overall, consumption posted a prominent expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Starter Motor Production in Central Asia

In value terms, starter motor production expanded remarkably to $X in 2022 estimated in export price. Overall, production enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Starter Motor Exports

Exports in Central Asia

In 2022, exports of starter motors and dual purpose starter generators in Central Asia skyrocketed to X units, growing by X% against 2021 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, starter motor exports skyrocketed to $X in 2022. In general, exports saw buoyant growth. The growth pace was the most rapid in 2015 with an increase of X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan prevails in exports structure, reaching X units, which was near X% of total exports in 2022. Turkmenistan (X units), Uzbekistan (X units), Kyrgyzstan (X units) and Mongolia (X units) followed a long way behind the leaders.

Exports from Kazakhstan increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Turkmenistan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. Mongolia experienced a relatively flat trend pattern. While the share of Kazakhstan (X p.p.), Turkmenistan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (X p.p.) and Mongolia (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest starter motor supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Turkmenistan ($X), with a X% share of total exports. It was followed by Mongolia, with a X% share.

In Kazakhstan, starter motor exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkmenistan (X% per year) and Mongolia (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the export price figures.

Starter Motor Imports

Imports in Central Asia

In 2022, supplies from abroad of starter motors and dual purpose starter generators increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, starter motor imports soared to $X in 2022. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Uzbekistan (X units) and Kazakhstan (X units) dominates imports structure, together making up X% of total imports. Mongolia (X units), Kyrgyzstan (X units) and Turkmenistan (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest starter motor importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable shrinkage. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mongolia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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