In 2023, France led in the European export of starter motors and related equipment with 69.634 million kilograms, followed closely by Spain and Hungary, showing remarkable growth rates at 7.44% and 1.33%, respectively. Germany and Italy also maintained substantial export volumes but showed minor growth. The United Kingdom and Sweden faced declining trends, with Bulgaria experiencing a significant drop of 39.56%. Ireland and Latvia exhibited the most substantial positive growth rates of 19.01% and 9.99%, respectively, suggesting emerging potential in these markets.
Looking ahead, continued growth is anticipated in Spain and Ireland due to their strong recent performance. Innovating new technologies and focusing on eco-friendly solutions may foster acceleration in other regions. Monitoring emerging markets and technological advancements is essential for gaining competitive edges and adapting to changing environmental regulations and market needs.
Top countries in Export of Starter Motors and Dual-Purpose Starter-Generators, Generators and Equipment for Internal Combustion Engines by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 69,634,000 | 2023 | +3.12% | +0.84% | View data |
| 2 | 2 Spain | 51,338,000 | 2023 | +14.61% | +7.44% | View data |
| 3 | 3 Hungary | 50,284,000 | 2023 | +2.46% | +1.33% | View data |
| 4 | 4 Germany | 45,539,000 | 2023 | +3.61% | +0.55% | View data |
| 5 | 5 Italy | 28,417,000 | 2023 | +6.21% | +2.22% | View data |
| 6 | 6 Czechia | 26,842,000 | 2023 | |||
| 7 | 7 Poland | 26,266,000 | 2023 | +2.12% | +1.26% | View data |
| 8 | 8 Netherlands | 13,413,000 | 2023 | +6.6% | +7.38% | View data |
| 9 | 9 Slovenia | 10,941,000 | 2023 | +0.89% | -1.28% | View data |
| 10 | 10 Belgium | 6,864,300 | 2023 | +2.04% | +5.88% | View data |
