CIS: Starter Motor Market 2024

Starter Motor Market Size in CIS

In 2021, the CIS starter motor market increased by 1.7% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Starter Motor Production in CIS

In value terms, starter motor production reduced to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of 20% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Starter Motor Exports

Exports in CIS

In 2021, approx. X units of starter motors and dual purpose starter generators were exported in the CIS; with an increase of 13% on 2020 figures. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 54% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, starter motor exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) and Belarus (X units) prevails in exports structure, together making up 93% of total exports. It was distantly followed by Kazakhstan (X units), creating a 5.8% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kazakhstan (with a CAGR of +33.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest starter motor supplier in the CIS, comprising 64% of total exports. The second position in the ranking was taken by Belarus ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +5.5%. In the other countries, the average annual rates were as follows: Belarus (-16.5% per year) and Kazakhstan (+23.4% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, rising by 45% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.8%), while the other leaders experienced a decline in the export price figures.

Starter Motor Imports

Imports in CIS

Starter motor imports soared to X units in 2021, rising by 20% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 34%. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, starter motor imports soared to $X in 2021. Overall, imports, however, saw a slight descent. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, resulting at X units, which was approx. 72% of total imports in 2021. Kazakhstan (X units) took the second position in the ranking, followed by Belarus (X units) and Uzbekistan (X units). All these countries together held approx. 23% share of total imports. Azerbaijan (X units) held a little share of total imports.

Imports into Russia decreased at an average annual rate of -2.1% from 2012 to 2021. At the same time, Azerbaijan (+36.5%), Uzbekistan (+35.5%), Kazakhstan (+3.9%) and Belarus (+2.9%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +36.5% from 2012-2021. While the share of Uzbekistan (+6.6 p.p.), Azerbaijan (+3 p.p.), Kazakhstan (+2.6 p.p.) and Belarus (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-14.9 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported starter motors and dual purpose starter generators in the CIS, comprising 82% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 7.3% share of total imports. It was followed by Belarus, with a 4.3% share.

In Russia, starter motor imports shrank by an average annual rate of -2.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+2.1% per year) and Belarus (+0.3% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, surging by 11% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 14%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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