Belarus: Starter Motor Market 2024

Starter Motor Market Size in Belarus

After two years of decline, the Belarusian starter motor market increased by 30% to $X in 2021. In general, consumption, however, recorded a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Starter Motor Production in Belarus

In value terms, starter motor production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. Starter motor production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Starter Motor Exports

Exports from Belarus

After two years of growth, shipments abroad of starter motors and dual purpose starter generators decreased by -15.9% to X units in 2021. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when exports increased by 41%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, starter motor exports surged to $X in 2021. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 25%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for starter motor exports from Belarus, with a 87% share of total exports. Moreover, starter motor exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. The third position in this ranking was held by Slovenia (X units), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-11.2% per year) and Slovenia (+30.0% per year).

In value terms, Russia ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Belarus, comprising 74% of total exports. The second position in the ranking was held by Ukraine ($X), with an 11% share of total exports. It was followed by Slovenia, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at -17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-9.1% per year) and Slovenia (+26.2% per year).

Export Prices by Country

In 2021, the average starter motor export price amounted to $X per unit, picking up by 44% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The export price peaked at $X per unit in 2013; however, from 2014 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 Slovenia ($X per unit), while the average price for exports to Russia ($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 Ukraine (+2.4%), while the prices for the other major destinations experienced a decline.

Starter Motor Imports

Imports into Belarus

In 2021, supplies from abroad of starter motors and dual purpose starter generators decreased by -10.4% to X units for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, showed temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 83%. Imports peaked at X units in 2020, and then fell in the following year.

In value terms, starter motor imports soared to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 64%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

China (X units), Russia (X units) and Lithuania (X units) were the main suppliers of starter motor imports to Belarus, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Poland ($X) constituted the largest starter motor suppliers to Belarus, together comprising 85% of total imports. Lithuania, Germany and Italy lagged somewhat behind, together comprising a further 5.8%.

Lithuania, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the average starter motor import price amounted to $X per unit, jumping by 35% against the previous year. Overall, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 86%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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