Australia and Oceania: Starter Motor Market 2024

Starter Motor Market Size in Australia and Oceania

The starter motor market in Australia and Oceania was estimated at $X in 2021, with an increase of 3.6% against the previous year. Overall, consumption showed a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Starter Motor Production in Australia and Oceania

In value terms, starter motor production expanded markedly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 102% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Starter Motor Exports

Exports in Australia and Oceania

In 2021, overseas shipments of starter motors and dual purpose starter generators increased by 79% to X units, rising for the fourth year in a row after four years of decline. Overall, exports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2013 when exports increased by 176% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, starter motor exports soared to $X in 2021. In general, exports, however, continue to indicate a deep setback. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units) represented roughly 98% of total exports in 2021.

Australia was also the fastest-growing in terms of the starter motors and dual purpose starter generators exports, with a CAGR of -3.3% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest starter motor supplier in Australia and Oceania.

From 2012 to 2021, the average annual growth rate of value in Australia totaled -6.5%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, reducing by -21% against the previous year. In general, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2014 when the export price increased by 99%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -3.3% per year.

Starter Motor Imports

Imports in Australia and Oceania

After five years of decline, overseas purchases of starter motors and dual purpose starter generators increased by 10% to X units in 2021. Over the period under review, imports, however, continue to indicate a slight reduction. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, starter motor imports expanded markedly to $X in 2021. Overall, imports, however, recorded a pronounced downturn. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the major importer of starter motors and dual purpose starter generators in Australia and Oceania, with the volume of imports amounting to X units, which was near 78% of total imports in 2021. It was distantly followed by New Zealand (X units), comprising a 14% share of total imports. The following importers - French Polynesia (X units) and New Caledonia (X units) - each recorded a 5.9% share of total imports.

Imports into Australia decreased at an average annual rate of -2.7% from 2012 to 2021. At the same time, French Polynesia (+11.0%), New Zealand (+5.3%) and New Caledonia (+5.3%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +11.0% from 2012-2021. While the share of New Zealand (+6.4 p.p.) and French Polynesia (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-6.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported starter motors and dual purpose starter generators in Australia and Oceania, comprising 80% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports. It was followed by French Polynesia, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -3.4%. In the other countries, the average annual rates were as follows: New Zealand (+2.4% per year) and French Polynesia (+6.2% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, growing by 4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 4.4%. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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