The global export landscape for starter motors in 2023 saw the United States, Mexico, and Japan as leading contributors, with the U.S. at the top with a notable increase of 3.43%. Noteworthy growth was seen from China and the Czech Republic by 3.58% and 10.37% respectively. Rising exports from countries like Azerbaijan and Aruba showed the most significant percentage increases at 132.94% and 130.66%. Conversely, countries like Spain and Austria faced declines with -13.17% and -10.03% respectively, affecting the European export market.
Future trends to monitor include the technological advancements in automotive components and shifts towards greener energy solutions. Emerging markets may capitalize on lower production costs, potentially diversifying the global exporter base of starter motors.
Top countries in Export of Starter Motors by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 926,450,000 | 2023 | +3.14% | +3.43% | View data |
| 2 | 2 Mexico | 755,960,000 | 2023 | +3.07% | +3.12% | View data |
| 3 | 3 Japan | 692,450,000 | 2023 | +0.56% | -1.36% | View data |
| 4 | 4 China | 666,990,000 | 2023 | +3.05% | +3.58% | View data |
| 5 | 5 Germany | 487,390,000 | 2023 | +1.89% | +1.65% | View data |
| 6 | 6 Hungary | 368,160,000 | 2023 | +0.91% | +0.54% | View data |
| 7 | 7 United Kingdom | 270,890,000 | 2023 | +4.41% | +2.81% | View data |
| 8 | 8 Poland | 211,540,000 | 2023 | +2.05% | +0.82% | View data |
| 9 | 9 Czech Republic | 211,520,000 | 2023 | +5.19% | +10.37% | View data |
| 10 | 10 France | 191,450,000 | 2023 | +0.32% | -0.33% | View data |
