Mexico - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStarter Motor Price in Mexico - 2023
Contents:
- Starter Motor Price in Mexico (FOB) - 2023
- Starter Motor Price in Mexico (CIF) - 2022
- Starter Motor Exports in Mexico
- Starter Motor Imports in Mexico
Starter Motor Price in Mexico (FOB) - 2023
The average starter motor export price stood at $57.5 per unit in June 2023, picking up by 9.1% against the previous month. Over the period under review, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, starter motor export price increased by +10.6% against March 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 136% m-o-m. Over the period under review, the average export prices reached the maximum in June 2023.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was the United States ($57.7 per unit), while the average price for exports to Canada amounted to $46.4 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.4%).
Starter Motor Price in Mexico (CIF) - 2022
In 2022, the average starter motor import price amounted to $18 per unit, shrinking by -27% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 4.9% against the previous year. As a result, import price reached the peak level of $25 per unit, and then declined rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($58 per unit), while the price for Germany ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced a decline.
Starter Motor Exports in Mexico
In 2022, shipments abroad of starter motors and dual purpose starter generators was finally on the rise to reach 14M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible contraction. Over the period under review, the exports attained the peak figure at 15M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, starter motor exports rose sharply to $606M in 2022. Over the period under review, exports, however, showed a pronounced reduction. Over the period under review, the exports attained the peak figure at $646M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Starter Motor in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 587 | 503 | 551 | 563 | -1.4% |
Canada | 15.8 | 14.5 | 11.6 | 14.0 | -4.0% |
China | 16.1 | 11.2 | 1.9 | 9.7 | -15.5% |
Others | 27.1 | 22.4 | 6.4 | 19.2 | -10.9% |
Total | 646 | 552 | 570 | 606 | -2.1% |
Top Export Markets for Starter Motor from Mexico in 2022:
- United States (12.7M units)
- Canada (0.3M units)
- China (0.3M units)
Starter Motor Imports in Mexico
In 2022, supplies from abroad of starter motors and dual purpose starter generators was finally on the rise to reach 22M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starter motor imports stood at $396M in 2022. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at $407M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Starter Motor in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 225 | 189 | 172 | 199 | -4.0% |
China | 58.1 | 57.3 | 68.8 | 71.3 | 7.1% |
Japan | 49.1 | 38.6 | 52.8 | 54.7 | 3.7% |
Malaysia | 24.4 | 16.2 | 11.4 | 17.6 | -10.3% |
Thailand | 15.2 | 8.1 | 3.3 | 9.0 | -16.0% |
India | 1.2 | 4.5 | 7.0 | 7.3 | 82.5% |
Taiwan (Chinese) | 5.3 | 4.5 | 6.5 | 6.7 | 8.1% |
Germany | 4.2 | 3.0 | 4.4 | 4.5 | 2.3% |
Others | 24.0 | 19.8 | 22.4 | 25.3 | 1.8% |
Total | 407 | 341 | 348 | 396 | -0.9% |
Top Suppliers of Starter Motor to Mexico in 2022:
- United States (13.6M units)
- China (3.9M units)
- Japan (0.9M units)
- Malaysia (0.6M units)
- Thailand (0.5M units)
- Germany (0.4M units)
- Taiwan (Chinese) (0.3M units)
- India (0.3M units)
This report provides an in-depth analysis of the starter motor market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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