Malta: Starter Motor Market 2020

Starter Motor Market Size in Malta

The revenue of the starter motor market in Malta amounted to $X in 2018, rising by X% against the previous year. Over the period under review, starter motor consumption, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. In that year, the starter motor market reached its peak level of $X. From 2009 to 2018, the growth of the starter motor market remained at a lower figure.

Starter Motor Production in Malta

In value terms, starter motor production totaled $X in 2018 estimated in export prices. Over the period under review, starter motor production continues to indicate a deep descent. The growth pace was the most rapid in 2008 when production volume increased by X% year-to-year. In that year, starter motor production attained its peak level of $X. From 2009 to 2018, starter motor production growth remained at a somewhat lower figure.

Starter Motor Exports

Exports from Malta

Starter motor exports from Malta totaled X tons in 2018, falling by -X% against the previous year. Over the period under review, starter motor exports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, starter motor exports attained their peak figure at X tons in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, starter motor exports stood at $X in 2018. Over the period under review, starter motor exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. In that year, starter motor exports attained their peak of $X. From 2013 to 2018, the growth of starter motor exports remained at a lower figure.

Exports by Country

The countries with the highest levels of starter motor exports in 2018 were China (X tons), Japan (X tons), Mexico (X tons), the U.S. (X tons), Germany (X tons), Hungary (X tons), Poland (X tons), France (X tons), the Czech Republic (X tons), South Korea (X tons), India (X tons) and the UK (X tons), together reaching X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Mexico, Germany, Hungary, Poland, France, India, the UK, South Korea, the Czech Republic and Malta, which together accounted for a further X Korea recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The starter motor export price in Malta stood at $X per ton in 2018, coming down by -X% against the previous year. Over the period under review, the starter motor export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the export prices for starter motors and dual purpose starter generators reached their peak figure at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Starter Motor Imports

Imports into Malta

In 2018, the imports of starter motors and dual purpose starter generators into Malta totaled X tons, going up by X% against the previous year. Overall, starter motor imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. In that year, starter motor imports reached their peak of X tons. From 2017 to 2018, the growth of starter motor imports failed to regain its momentum.

In value terms, starter motor imports stood at $X in 2018. Overall, starter motor imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. In that year, starter motor imports reached their peak of $X. From 2017 to 2018, the growth of starter motor imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons) represented the key importer of starter motors and dual purpose starter generators, achieving X% of total imports. Germany (X tons) ranks second in terms of the total imports with a X% share, followed by Mexico (X%), France (X%) and the UK (X%). China (X tons), Canada (X tons), the Netherlands (X tons), Russia (X tons), the Czech Republic (X tons), Italy (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), the Netherlands (+X%), the Czech Republic (+X%), Mexico (+X%), Russia (+X%), Germany (+X%), Spain (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Mexico (+X p.p.), Germany (+X p.p.), China (+X p.p.), the Netherlands (+X p.p.) and the Czech Republic (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported starter motors and dual purpose starter generators into Malta, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

In the U.S., starter motor imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the starter motor import price in Malta amounted to $X per ton, lowering by -X% against the previous year. Overall, the import price indicated a mild expansion from 2007 to 2018: its price 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 import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. In that year, the import prices for starter motors and dual purpose starter generators reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for starter motors and dual purpose starter generators remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform