Report Update Apr 1, 2024

Puerto Rico - Starter Motors and Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Starter Motor Market 2024

Starter Motor Market Size in Puerto Rico

In 2021, after two years of decline, there was significant growth in the Puerto Rican starter motor market, when its value increased by 15% to $X. In general, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Starter Motor Production in Puerto Rico

In value terms, starter motor production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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Starter Motor Exports

Exports by Country

In 2021, China (X units), distantly followed by Japan (X units), the United States (X units) and Mexico (X units) were the main exporters of starter motors and dual purpose starter generators, together committing 53% of total exports. The following exporters - South Korea (X units), Germany (X units), Hungary (X units), India (X units), the UK (X units), Poland (X units), Italy (X units), Thailand (X units) and the Czech Republic (X units) - together made up 34% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +14.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest starter motor supplying countries from Puerto Rico were China ($X), Japan ($X) and Mexico ($X), together accounting for 37% of total exports. These countries were followed by the United States, South Korea, Germany, Hungary, the UK, India, Italy, Poland, the Czech Republic and Thailand, which together accounted for a further 48%.

Among the main exporting countries, South Korea, with a CAGR of +18.1%, 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.

Starter Motor Imports

Imports by Country

In 2021, the United States (X units), distantly followed by Mexico (X units) and Germany (X units) represented the key importers of starter motors and dual purpose starter generators, together mixing up 42% of total imports. The Netherlands (X units), Italy (X units), the Czech Republic (X units), the UK (X units), Thailand (X units), France (X units), Spain (X units), China (X units), Russia (X units) and Canada (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported starter motors and dual purpose starter generators into Puerto Rico, comprising 27% of global imports. The second position in the ranking was held by Germany ($X), with a 7.4% share of global imports. It was followed by Mexico, with a 6.6% share.

In the United States, starter motor imports expanded at an average annual rate of +2.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (-0.2% per year) and Mexico (+2.5% per year).

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Frequently Asked Questions (FAQ) :

What are the largest markets for starter motors and dual purpose starter generators in the world?

The countries with the highest volumes of consumption in 2021 were the United States, China and Japan, together accounting for 58% of global consumption. These countries were followed by India, Germany, Russia, Indonesia, Brazil and France, which together accounted for a further 18%.

What are the largest producers of starter motors and dual purpose starter generators in the world?

The countries with the highest volumes of production in 2021 were China, the United States and Japan, with a combined 66% share of global production. India, South Korea, Hungary, Indonesia, Russia, Poland, Germany and Brazil lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of starter motors and dual purpose starter generators to Puerto Rico?

In value terms, the United States constitutes the largest market for imported starter motors and dual purpose starter generators into Puerto Rico, comprising 27% of global imports. The second position in the ranking was taken by Germany, with a 7.4% share of global imports. It was followed by Mexico, with a 6.6% share.

What are the leading importers of starter motors and dual purpose starter generators from Puerto Rico?

In value terms, the largest starter motor supplying countries from Puerto Rico were China, Japan and Mexico, with a combined 37% share of total exports. These countries were followed by the United States, South Korea, Germany, Hungary, the UK, India, Italy, Poland, the Czech Republic and Thailand, which together accounted for a further 48%.

This report provides an in-depth analysis of the starter motor market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29312230 - Starter motors and dual-purpose starter-generators

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023