Czech Republic: Starter Motor Market 2024

Starter Motor Market Size in the Czech Republic

In 2021, the Czech starter motor market increased by 205% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed resilient growth. Starter motor consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Starter Motor Production in the Czech Republic

In value terms, starter motor production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production showed a slight contraction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 30% against the previous year. Starter motor production peaked at $X in 2020, and then plummeted in the following year.

Starter Motor Exports

Exports from the Czech Republic

In 2021, starter motor exports from the Czech Republic rose sharply to X units, surging by 6.3% against the year before. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 65% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, starter motor exports surged to $X in 2021. Overall, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 39%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for starter motor exports from the Czech Republic, with a 53% share of total exports. Moreover, starter motor exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. Russia (X units) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+7.9% per year) and Russia (+5.4% per year).

In value terms, Germany ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from the Czech Republic, comprising 64% of total exports. The second position in the ranking was taken by France ($X), with a 16% share of total exports. It was followed by Russia, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +36.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.9% per year) and Russia (+4.6% per year).

Export Prices by Country

In 2021, the average starter motor export price amounted to $X per unit, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2013 an increase of 45%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Austria ($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 the UK (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into the Czech Republic

In 2021, approx. X units of starter motors and dual purpose starter generators were imported into the Czech Republic; picking up by 48% on the year before. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 77% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, starter motor imports skyrocketed to $X in 2021. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Japan (X units) constituted the largest starter motor supplier to the Czech Republic, accounting for a 45% share of total imports. Moreover, starter motor imports from Japan exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Germany (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Japan totaled +76.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.9% per year) and Germany (-2.5% per year).

In value terms, Japan ($X) constituted the largest supplier of starter motors and dual purpose starter generators to the Czech Republic, comprising 53% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +67.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+1.3% per year) and Germany (-3.2% per year).

Import Prices by Country

In 2021, the average starter motor import price amounted to $X per unit, picking up by 39% against the previous year. Overall, the import price showed a notable expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 68% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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