Estonia: Starter Motor Market 2020

Starter Motor Market Size in Estonia

The revenue of the starter motor market in Estonia amounted to $X in 2018, increasing by X% against the previous year. In general, starter motor consumption continues to indicate a measured curtailment. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, the starter motor market reached its peak level of $X. From 2013 to 2018, the growth of the starter motor market remained at a lower figure.

Starter Motor Production in Estonia

In value terms, starter motor production totaled $X in 2018 estimated in export prices. Over the period under review, starter motor production continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, starter motor production attained its peak level of $X. From 2013 to 2018, starter motor production growth remained at a lower figure.

Starter Motor Exports

Exports from Estonia

In 2018, the exports of starter motors and dual purpose starter generators from Estonia stood at X tons, rising by X% against the previous year. In general, starter motor exports continue to indicate a moderate increase. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Estonia exports peaked at X tons in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, starter motor exports amounted to $X in 2018. Overall, starter motor exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Estonia exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

The countries with the highest levels of starter motor exports in 2018 were China (X tons), Japan (X tons), Mexico (X tons), the U.S. (X tons), Germany (X tons), Hungary (X tons), Poland (X tons), France (X tons), the Czech Republic (X tons), South Korea (X tons), India (X tons) and the UK (X tons), together resulting at X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest starter motor markets from Estonia were the U.S. ($X), Japan ($X) and China ($X), with a combined X% share of total exports. Mexico, Germany, Hungary, Poland, France, India, the UK, South Korea, the Czech Republic and Estonia lagged somewhat behind, together accounting for a further X the main exporting countries, South Korea recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The starter motor export price in Estonia stood at $X per ton in 2018, going down by -X% against the previous year. Overall, the starter motor export price, however, continues to indicate a modest increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X% y-o-y. Over the period under review, the export prices for starter motors and dual purpose starter generators reached their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Starter Motor Imports

Imports into Estonia

Starter motor imports into Estonia amounted to X tons in 2018, going up by X% against the previous year. Overall, the total imports indicated a measured expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, starter motor imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. In that year, starter motor imports attained their peak of X tons. From 2011 to 2018, the growth of starter motor imports remained at a lower figure.

In value terms, starter motor imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, starter motor imports attained their peak figure at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. was the major importing country with an import of around X tons, which accounted for X% of total imports. Germany (X tons) ranks second in terms of the total imports with a X% share, followed by Mexico (X%), France (X%) and the UK (X%). The following importers - China (X tons), Canada (X tons), the Netherlands (X tons), Russia (X tons), the Czech Republic (X tons), Italy (X tons) and Spain (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to starter motor imports into the U.S. stood at +X%. At the same time, China (+X%), the Netherlands (+X%), the Czech Republic (+X%), Mexico (+X%), Russia (+X%), Germany (+X%), Spain (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Mexico (+X p.p.), Germany (+X p.p.), China (+X p.p.), the Netherlands (+X p.p.) and the Czech Republic (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported starter motors and dual purpose starter generators into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the starter motor import price in Estonia amounted to $X per ton, surging by X% against the previous year. Overall, the starter motor import price, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in 2011 when the import price increased by X% against the previous year. Estonia import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform