Finland: Starter Motor Market Overview 2020

Starter Motor Market Size in Finland

The revenue of the starter motor market in Finland amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, starter motor consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Starter motor consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Starter Motor Exports

Exports from Finland

In 2018, approx. X tonnes of starter motors and dual purpose starter generators were exported from Finland; rising by X% against the previous year. Over the period under review, starter motor exports, however, continue to indicate a temperate drop. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, starter motor exports stood at $X in 2018. Over the period under review, starter motor exports, however, continue to indicate a temperate slump. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Sweden (X tonnes), Germany (X tonnes) and France (X tonnes) were the main destinations of starter motor exports from Finland, together comprising X% of total exports. These countries were followed by the Netherlands, Estonia, Norway, Belgium, Russia, China, Hong Kong SAR, Viet Nam, Denmark and Austria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for starter motor exported from Finland were Sweden ($X), Germany ($X) and France ($X), with a combined X% share of total exports. The Netherlands, Estonia, Viet Nam, Norway, Belgium, Denmark, China, Hong Kong SAR, Russia and Austria lagged somewhat behind, together accounting for a further X terms of the main countries of destination, the Netherlands experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average starter motor export price stood at $X per tonne in 2018, increasing by X% against the previous year. In general, the starter motor export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, the average export prices for starter motors and dual purpose starter generators reached their maximum at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Finland

In 2018, the imports of starter motors and dual purpose starter generators into Finland amounted to X tonnes, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. In that year, starter motor imports reached their peak of X tonnes. From 2015 to 2018, the growth of starter motor imports remained at a somewhat lower figure.

In value terms, starter motor imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tonnes), Germany (X tonnes) and Hungary (X tonnes) were the main suppliers of starter motor imports to Finland, together accounting for X% of total imports. Denmark, Slovenia, India, Belgium, the U.S. and China lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Denmark ($X) were the largest starter motor suppliers to Finland, together accounting for X% of total imports. Hungary, the U.S., Slovenia, Belgium, China and India lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average starter motor import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the starter motor import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. In that year, the average import prices for starter motors and dual purpose starter generators reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the average import prices for starter motors and dual purpose starter generators failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform