Denmark: Starter Motor Market Overview 2021

Starter Motor Market Size in Denmark

In 2020, after two years of decline, there was growth in the Danish starter motor market, when its value increased by X% to $X. Overall, consumption recorded a resilient increase. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Starter motor consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Starter Motor Production in Denmark

In value terms, starter motor production declined sharply to $X in 2020 estimated in export prices. In general, production faced a deep downturn. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Starter motor production peaked at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Starter Motor Exports

Exports from Denmark

In 2020, overseas shipments of starter motors and dual purpose starter generators decreased by -X% to X units for the first time since 2016, thus ending a three-year rising trend. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at X units in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, starter motor exports declined sharply to $X in 2020. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X units), Germany (X units) and France (X units) were the main destinations of starter motor exports from Denmark, with a combined X% share of total exports. These countries were followed by Italy, Poland, the UK, Norway, Russia, the U.S., Ukraine, Sweden, Greece and Finland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for starter motor exported from Denmark were Spain ($X), France ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by the UK, Poland, Italy, Norway, the U.S., Ukraine, Sweden, Russia, Greece and Finland, which together accounted for a further X saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average starter motor export price stood at $X per unit in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a mild decline. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine, while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Denmark

In 2020, purchases abroad of starter motors and dual purpose starter generators decreased by -X% to X units, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X units in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, starter motor imports declined markedly to $X in 2020. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of starter motor to Denmark, accounting for a X% share of total imports. Moreover, starter motor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was occupied by India (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and India (+X% per year).

In value terms, China ($X), Germany ($X) and India ($X) were the largest starter motor suppliers to Denmark, together comprising X% of total imports.

In terms of the main suppliers, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average starter motor import price amounted to $X per unit, which is down by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for starter motors and dual purpose starter generators in the world?

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The countries with the highest volumes of starter motor consumption in 2020 were China (29M units), Japan (26M units) and the U.S. (15M units), with a combined 50% share of global consumption. India, Germany, Russia, Mexico, France, Brazil, the UK, Spain and Italy lagged somewhat behind, together comprising a further 30%.

What are the largest producers of starter motors and dual purpose starter generators in the world?

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The countries with the highest volumes of starter motor production in 2020 were China (37M units), Japan (36M units) and Mexico (13M units), together comprising 59% of global production. India, Hungary, Russia, Poland, Brazil, South Korea, Germany, the U.S., Italy and the Czech Republic lagged somewhat behind, together accounting for a further 29%.

What are the leading suppliers of starter motors and dual purpose starter generators to Denmark?

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In value terms, China ($7.1M), Germany ($6.1M) and India ($971K) appeared to be the largest starter motor suppliers to Denmark, together comprising 79% of total imports.

What are the leading importers of starter motors and dual purpose starter generators from Denmark?

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In value terms, Spain ($2.8M), France ($2.8M) and Germany ($2.2M) constituted the largest markets for starter motor exported from Denmark worldwide, with a combined 39% share of total exports. These countries were followed by the UK, Poland, Italy, Norway, the U.S., Ukraine, Sweden, Russia, Greece and Finland, which together accounted for a further 45%.

What is the average export price for starter motors and dual purpose starter generators in Denmark?

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In 2020, the average starter motor export price amounted to $37 per unit, declining by -14.9% against the previous year.

What is the average import price for starter motors and dual purpose starter generators in Denmark?

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The average starter motor import price stood at $39 per unit in 2020, dropping by -23.3% against the previous year.