Italy: Starter Motor Market 2024

Starter Motor Market Size in Italy

For the third year in a row, the Italian starter motor market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Starter motor consumption peaked in 2022 and is expected to retain growth in the near future.

Starter Motor Production in Italy

In value terms, starter motor production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Starter Motor Exports

Exports from Italy

In 2022, starter motor exports from Italy shrank dramatically to X units, declining by X% against the year before. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, starter motor exports fell markedly to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell markedly in the following year.

Exports by Country

Germany (X units) was the main destination for starter motor exports from Italy, with a X% share of total exports. Moreover, starter motor exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), sevenfold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and France (X% per year).

In value terms, Germany ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Italy, comprising X% of total exports. The second position in the ranking was held by Slovakia ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and France (X% per year).

Export Prices by Country

The average starter motor export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

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

Starter Motor Imports

Imports into Italy

In 2022, starter motor imports into Italy was estimated at X units, increasing by X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, starter motor imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined modestly in the following year.

Imports by Country

Hungary (X units), China (X units) and the Netherlands (X units) were the main suppliers of starter motor imports to Italy, together comprising X% of total imports. Slovenia, Poland, India, Germany, Japan, South Korea, the Czech Republic, Mexico and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, Hungary ($X), China ($X) and the Netherlands ($X) appeared to be the largest starter motor suppliers to Italy, together comprising X% of total imports. South Korea, Slovenia, Germany, Poland, India, Japan, the Czech Republic, Mexico and Denmark lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average starter motor import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price saw a slight curtailment. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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