Algeria: Starter Motor Market 2024

Starter Motor Market Size in Algeria

The Algerian starter motor market skyrocketed to $X in 2021, growing by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.0% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Starter Motor Exports

Exports from Algeria

In 2021, exports of starter motors and dual purpose starter generators from Algeria skyrocketed to X units, picking up by 76% against 2020. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, starter motor exports soared to $X in 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), Romania (X units) and the Czech Republic (X units) were the main destinations of starter motor exports from Algeria, together accounting for 94% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +41.6%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Romania ($X) and France ($X) constituted the largest markets for starter motor exported from Algeria worldwide, with a combined 88% share of total exports.

The UK, with a CAGR of +49.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average starter motor export price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Overall, the export price saw a slight decrease. The pace of growth was the most pronounced in 2020 an increase of 57%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Algeria

Starter motor imports into Algeria skyrocketed to X units in 2021, rising by 42% on the previous year's figure. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 44%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, starter motor imports soared to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 37%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of starter motor to Algeria, accounting for a 66% share of total imports. Moreover, starter motor imports from China exceeded the figures recorded by the second-largest supplier, Romania (X units), tenfold. The third position in this ranking was taken by Italy (X units), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+12.1% per year) and Italy (+4.3% per year).

In value terms, China ($X) constituted the largest supplier of starter motors and dual purpose starter generators to Algeria, comprising 43% of total imports. The second position in the ranking was taken by Romania ($X), with an 11% share of total imports. It was followed by Italy, with a 4% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+9.9% per year) and Italy (-1.2% per year).

Import Prices by Country

In 2021, the average starter motor import price amounted to $X per unit, falling by -18.9% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 31%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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