MERCOSUR: Starter Motor Market 2025

Starter Motor Market Size in MERCOSUR

In 2021, the MERCOSUR starter motor market increased by 18% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a perceptible reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Starter Motor Production in MERCOSUR

In value terms, starter motor production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Starter Motor Exports

Exports in MERCOSUR

In 2021, overseas shipments of starter motors and dual purpose starter generators were finally on the rise to reach X units after three years of decline. Overall, exports, however, showed a drastic downturn. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, starter motor exports skyrocketed to $X in 2021. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 46%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil prevails in exports structure, recording X units, which was near 95% of total exports in 2021. Ecuador (X units) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of -8.9% from 2012 to 2021. At the same time, Ecuador (+17.1%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +17.1% from 2012-2021. Ecuador (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -2.7% from 2012 to 2021, respectively.

In value terms, Brazil ($X) remains the largest starter motor supplier in MERCOSUR, comprising 94% of total exports. The second position in the ranking was held by Ecuador ($X), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to -4.2%.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, dropping by -6.2% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, starter motor export price decreased by -28.6% against 2019 indices. The growth pace was the most rapid in 2019 when the export price increased by 36% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per unit), while Ecuador amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+5.2%).

Starter Motor Imports

Imports in MERCOSUR

In 2021, the amount of starter motors and dual purpose starter generators imported in MERCOSUR surged to X units, rising by 21% compared with the previous year. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starter motor imports skyrocketed to $X in 2021. Overall, imports, however, saw a mild reduction. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Brazil was the largest importing country with an import of around X units, which resulted at 50% of total imports. Argentina (X units) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Colombia (11%), Chile (10%) and Peru (6.7%). Ecuador (X units) held a minor share of total imports.

Imports into Brazil increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, Peru (+19.9%), Ecuador (+5.7%), Colombia (+5.4%) and Chile (+4.0%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +19.9% from 2012-2021. By contrast, Argentina (-4.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Peru, Colombia and Chile increased by +6.9, +5.2, +2.8 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Argentina ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 82% share of total imports. These countries were followed by Colombia, Peru and Ecuador, which together accounted for a further 15%.

In terms of the main importing countries, Peru, with a CAGR of +10.6%, 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 import price in MERCOSUR amounted to $X per unit, increasing by 24% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform