Uruguay: Starter Motor Market 2025

Starter Motor Market Size in Uruguay

After two years of decline, the Uruguayan starter motor market increased by 185% to $X in 2021. In general, consumption enjoyed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Starter Motor Exports

Exports from Uruguay

In 2021, shipments abroad of starter motors and dual purpose starter generators increased by 100% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 300% against the previous year. Over the period under review, the exports hit record highs 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 abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for starter motor exports from Uruguay, accounting for a 50% share of total exports. Moreover, starter motor exports to France exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was held by Spain (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and Spain (0.0% per year).

In value terms, China ($X) remains the key foreign market for starter motors and dual purpose starter generators exports from Uruguay, comprising 50% of total exports. The second position in the ranking was held by Spain ($X), with a 15% share of total exports. It was followed by the United States, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+12.2% per year) and the United States (-12.2% per year).

Export Prices by Country

The average starter motor export price stood at $X per unit in 2021, surging by 32% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 69% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Argentina ($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 (+46.7%), while the prices for the other major destinations experienced mixed trend patterns.

Starter Motor Imports

Imports into Uruguay

In 2021, starter motor imports into Uruguay surged to X units, growing by 233% against 2020 figures. In general, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, starter motor imports soared to $X in 2021. Over the period under review, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest starter motor supplier to Uruguay, accounting for a 38% share of total imports. Moreover, starter motor imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), tenfold. The third position in this ranking was taken by Japan (X units), with a 1.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+4.1% per year) and Japan (+13.5% per year).

In value terms, the largest starter motor suppliers to Uruguay were China ($X), Brazil ($X) and the United States ($X), with a combined 45% share of total imports. These countries were followed by Japan, South Korea, Spain, Taiwan (Chinese) and Argentina, which together accounted for a further 5.7%.

In terms of the main suppliers, Spain, with a CAGR of +13.8%, saw 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

The average starter motor import price stood at $X per unit in 2021, shrinking by -17.1% against the previous year. Overall, the import price showed a perceptible reduction. The pace of growth was the most pronounced in 2013 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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