Sweden: Starter Motor Market 2025

Starter Motor Market Size in Sweden

The Swedish starter motor market surged to $X in 2021, increasing by 21% 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, consumption posted a prominent expansion. Starter motor consumption peaked in 2021 and is expected to retain growth in the near future.

Starter Motor Exports

Exports from Sweden

In 2021, overseas shipments of starter motors and dual purpose starter generators decreased by -1.1% to X units, falling for the third consecutive year after three years of growth. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 30%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, starter motor exports surged to $X in 2021. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 47%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for starter motor exports from Sweden, accounting for a 48% share of total exports. Moreover, starter motor exports to Belgium exceeded the volume sent to the second major destination, Norway (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-10.9% per year) and the Netherlands (+13.5% per year).

In value terms, Belgium ($X), Norway ($X) and the United States ($X) were the largest markets for starter motor exported from Sweden worldwide, with a combined 54% share of total exports. These countries were followed by China, Finland, the Netherlands, Denmark, Germany, Serbia and France, which together accounted for a further 22%.

Serbia, with a CAGR of +63.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average starter motor export price stood at $X per unit in 2021, increasing by 18% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, starter motor export price increased by +102.5% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to the Netherlands ($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 China (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Starter Motor Imports

Imports into Sweden

In 2021, purchases abroad of starter motors and dual purpose starter generators increased by 19% to X units, rising for the sixth year in a row after two years of decline. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +120.5% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of 32%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, starter motor imports skyrocketed to $X in 2021. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Japan (X units), Serbia (X units) and Spain (X units) were the main suppliers of starter motor imports to Sweden, with a combined 62% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +346.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest starter motor suppliers to Sweden were Serbia ($X), Spain ($X) and Japan ($X), together comprising 75% of total imports.

Serbia, with a CAGR of +395.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, remaining stable against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2015 an increase of 27%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Serbia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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