Japan: Starter Motor Market 2024

Starter Motor Market Size in Japan

The Japanese starter motor market totaled $X in 2022, picking up by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Starter motor consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Starter Motor Production in Japan

In value terms, starter motor production amounted to $X in 2022 estimated in export price. In general, production saw a mild reduction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Starter Motor Exports

Exports from Japan

In 2022, approx. X units of starter motors and dual purpose starter generators were exported from Japan; waning by X% against 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, starter motor exports shrank to $X in 2022. In general, exports recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for starter motor exports from Japan, with a X% share of total exports. Moreover, starter motor exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. India (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and India (X% per year).

In value terms, the United States ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by India, with a X% share.

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

Export Prices by Country

In 2022, the average starter motor export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 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 failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($X per unit) and India ($X per unit), while the average price for exports to Indonesia ($X per unit) and the UK ($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 the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Starter Motor Imports

Imports into Japan

In 2022, overseas purchases of starter motors and dual purpose starter generators increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a pronounced expansion 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 2020 indices. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, starter motor imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and South Korea (X units) were the main suppliers of starter motor imports to Japan, with a combined X% share of total imports.

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

In value terms, China ($X), the United States ($X) and South Korea ($X) appeared to be the largest starter motor suppliers to Japan, with a combined X% share of total imports.

Among the main suppliers, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, declining by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Vietnam ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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