Report Update Nov 1, 2024

Greece - Starter Motors and Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Starter Motor Market 2024

Starter Motor Market Size in Greece

The Greek starter motor market expanded modestly to $X in 2021, with an increase of 3.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted buoyant growth. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Starter Motor Exports

Exports from Greece

In 2021, the amount of starter motors and dual purpose starter generators exported from Greece soared to X units, rising by 38% against the year before. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 452%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, starter motor exports skyrocketed to $X in 2021. Overall, exports saw resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 522%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Cyprus (X units), Singapore (X units) and Spain (X units) were the main destinations of starter motor exports from Greece, with a combined 56% share of total exports. These countries were followed by Bulgaria, France, Germany, Italy, Panama and the United States, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +64.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Greece, comprising 53% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 10% share of total exports. It was followed by Spain, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +67.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (-15.3% per year) and Spain (-16.2% per year).

Export Prices by Country

In 2021, the average starter motor export price amounted to $X per unit, declining by -5% against the previous year. In general, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2020 an increase of 112%. As a result, the export price attained the peak level of $X per unit, and then declined in the following year.

Prices varied noticeably country of destination: the country with the highest price was Panama ($X per unit), while the average price for exports to Germany ($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 Panama (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Greece

In 2021, purchases abroad of starter motors and dual purpose starter generators increased by 1.7% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 154%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, starter motor imports rose sharply to $X in 2021. In general, imports saw a strong increase. The growth pace was the most rapid in 2014 with an increase of 89%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X units), China (X units) and Italy (X units) were the main suppliers of starter motor imports to Greece, together accounting for 59% of total imports. Germany, Denmark, Poland, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +114.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Netherlands ($X) appeared to be the largest starter motor suppliers to Greece, with a combined 62% share of total imports. These countries were followed by China, Denmark, Poland, Malaysia and Taiwan (Chinese), which together accounted for a further 27%.

In terms of the main suppliers, Poland, with a CAGR of +67.8%, recorded the highest rates of growth with regard to the value of imports, 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, surging by 4.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 55%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: 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 (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for starter motors and dual purpose starter generators in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and China, with a combined 68% share of global consumption.

What are the largest producers of starter motors and dual purpose starter generators in the world?

The countries with the highest volumes of in 2021 were the United States, China and Japan, with a combined 68% share of global production. India, Mexico, Hungary, Poland, Germany, South Korea, Brazil and Indonesia lagged somewhat behind, together accounting for a further 22%.

What are the leading suppliers of starter motors and dual purpose starter generators to Greece?

In value terms, the largest starter motor suppliers to Greece were Germany, Italy and China, with a combined 50% share of total imports. These countries were followed by the Netherlands, Denmark, the UK and Malaysia, which together accounted for a further 28%.

What are the leading importers of starter motors and dual purpose starter generators from Greece?

In value terms, the largest markets for starter motor exported from Greece were Turkey, Singapore and Panama, with a combined 44% share of total exports.

What is the average export price for starter motors and dual purpose starter generators in Greece?

The average starter motor export price stood at $143 per unit in 2020, with an increase of 51% against the previous year.

What is the average import price for starter motors and dual purpose starter generators in Greece?

In 2020, the average starter motor import price amounted to $41 per unit, approximately reflecting the previous year.

This report provides an in-depth analysis of the starter motor market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 29312230 - Starter motors and dual-purpose starter-generators

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023