CIS: Starter Motor Market 2024

Starter Motor Market Size in CIS

In 2022, the CIS starter motor market increased by X% to $X, rising for the sixth year in a row after four years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Starter Motor Production in CIS

In value terms, starter motor production expanded to $X in 2022 estimated in export price. In general, production recorded a perceptible expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Starter Motor Exports

Exports in CIS

In 2022, overseas shipments of starter motors and dual purpose starter generators decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, starter motor exports stood at $X in 2022. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X units) and Russia (X units) represented the key exporters of starter motors and dual purpose starter generators in 2022, resulting at near X% and X% of total exports, respectively. It was distantly followed by Kazakhstan (X units), creating an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Russia ($X) remains the largest starter motor supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Starter Motor Imports

Imports in CIS

In 2022, supplies from abroad of starter motors and dual purpose starter generators increased by X% to X units, rising for the third consecutive year after two years of decline. Total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, starter motor imports soared to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Russia prevails in imports structure, amounting to X units, which was near X% of total imports in 2022. Belarus (X units) ranks second in terms of the total imports with an X% share, followed by Uzbekistan (X%) and Kazakhstan (X%). Azerbaijan (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of starter motors and dual purpose starter generators. At the same time, Uzbekistan (X%), Azerbaijan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Belarus and Azerbaijan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported starter motors and dual purpose starter generators in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, starter motor imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Belarus ($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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :