Kazakhstan: Starter Motor Market 2024

Starter Motor Market Size in Kazakhstan

The Kazakh starter motor market soared to $X in 2021, rising by 77% 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). Over the period under review, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -29.1% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Starter Motor Exports

Exports from Kazakhstan

In 2021, approx. X units of starter motors and dual purpose starter generators were exported from Kazakhstan; with a decrease of -21.4% compared with 2020. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 421%. The exports peaked at X units in 2020, and then dropped remarkably in the following year.

In value terms, starter motor exports reduced remarkably to $X in 2021. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 475% against the previous year. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

The United States (X units) was the main destination for starter motor exports from Kazakhstan, accounting for a 42% share of total exports. Moreover, starter motor exports to the United States exceeded the volume sent to the second major destination, the UK (X units), threefold. The third position in this ranking was held by Mongolia (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +116.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+64.7% per year) and Mongolia (+95.3% per year).

In value terms, the United States ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Kazakhstan, comprising 29% of total exports. The second position in the ranking was held by the UK ($X), with a 14% share of total exports. It was followed by Mongolia, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +64.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+28.3% per year) and Mongolia (+71.2% per year).

Export Prices by Country

The average starter motor export price stood at $X per unit in 2021, leveling off at the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 60%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Russia ($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 Switzerland (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Starter Motor Imports

Imports into Kazakhstan

In 2021, approx. X units of starter motors and dual purpose starter generators were imported into Kazakhstan; with an increase of 60% against 2020 figures. In general, imports recorded perceptible growth. The pace of growth was the most pronounced in 2019 with an increase of 86%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, starter motor imports soared to $X in 2021. Overall, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.0% against 2017 indices. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest starter motor supplier to Kazakhstan, with a 73% share of total imports. Moreover, starter motor imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold. Germany (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.0% per year) and Germany (+12.5% per year).

In value terms, China ($X) constituted the largest supplier of starter motors and dual purpose starter generators to Kazakhstan, comprising 58% of total imports. The second position in the ranking was taken by Russia ($X), with a 24% share of total imports. It was followed by Germany, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+6.0% per year) and Germany (-6.1% per year).

Import Prices by Country

The average starter motor import price stood at $X per unit in 2021, dropping by -5.8% against the previous year. In general, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 46%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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