Indonesia: Starter Motor Market 2024

Starter Motor Market Size in Indonesia

In 2022, the Indonesian starter motor market decreased by X% to $X, falling for the second consecutive year after four years of growth. 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 in certain years. Starter motor consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Starter Motor Production in Indonesia

In value terms, starter motor production rose slightly to $X in 2022 estimated in export price. In general, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Starter Motor Exports

Exports from Indonesia

In 2022, the amount of starter motors and dual purpose starter generators exported from Indonesia skyrocketed to X units, picking up by X% on 2021. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, starter motor exports soared to $X in 2022. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Thailand (X units), the Philippines (X units) and Malaysia (X units) were the main destinations of starter motor exports from Indonesia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the Philippines ($X) and Malaysia ($X) were the largest markets for starter motor exported from Indonesia worldwide, together comprising X% of total exports.

Among the main countries of destination, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average starter motor export price amounted to $X per unit, declining by X% against the previous year. In general, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Vietnam ($X per unit), while the average price for exports to Thailand ($X per unit) and Cambodia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced a decline.

Starter Motor Imports

Imports into Indonesia

In 2022, approx. X units of starter motors and dual purpose starter generators were imported into Indonesia; which is down by X% against 2021. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, starter motor imports rose notably to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X units), China (X units) and Japan (X units) were the main suppliers of starter motor imports to Indonesia, together accounting for X% of total imports. Mexico, Singapore, the United States, South Korea, Australia and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Japan ($X) and China ($X) were the largest starter motor suppliers to Indonesia, with a combined X% share of total imports. Mexico, the United States, Australia, Singapore, South Korea and India lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average starter motor import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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