Slovenia: Starter Motor Market 2024

Starter Motor Market Size in Slovenia

In 2022, the Slovene starter motor market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Starter Motor Production in Slovenia

In value terms, starter motor production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Starter motor production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Starter Motor Exports

Exports from Slovenia

Starter motor exports from Slovenia fell modestly to X units in 2022, shrinking by X% compared with 2021 figures. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, starter motor exports dropped to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Germany (X units), the UK (X units) and Italy (X units) were the main destinations of starter motor exports from Slovenia, together comprising X% of total exports. France, the United States, Turkey, Mexico, Austria and Russia lagged somewhat behind, together accounting for a further X%.

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

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

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

Export Prices by Country

The average starter motor export price stood at $X per unit in 2022, stabilizing at the previous year. Overall, 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% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Russia ($X per unit), while the average price for exports to the UK ($X per unit) and France ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Slovenia

In 2022, starter motor imports into Slovenia surged to X units, jumping by X% against the previous year's figure. Over the period under review, imports recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, starter motor imports rose sharply to $X in 2022. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

Bosnia and Herzegovina (X units), China (X units) and India (X units) were the main suppliers of starter motor imports to Slovenia, with a combined X% share of total imports.

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

In value terms, the largest starter motor suppliers to Slovenia were Bosnia and Herzegovina ($X), China ($X) and India ($X), with a combined X% share of total imports.

Bosnia and Herzegovina, with a CAGR of X%, saw the highest growth rate of 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, declining by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :