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Spain - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain Sees Peak of $8.9M in Imports of Ignition Magnetos in 2023
Spain Ignition Magneto Imports
Ignition magneto imports into Spain surged to 422K units in 2023, picking up by 238% against the previous year. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ignition magneto imports surged to $8.9M (IndexBox estimates) in 2023. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 225%. Imports peaked in 2023 and are likely to see gradual growth in years to come.
COUNTRY | Import Value of Ignition Magneto in Spain (thousand USD) | |||
---|---|---|---|---|
2020 | 2021 | 2022 | 2023 | |
France | 39.0 | 57.8 | 204 | 6,128 |
Czech Republic | 1,051 | 1,505 | 1,921 | 1,659 |
Germany | 1,809 | 131 | 445 | 316 |
Portugal | 204 | 220 | 279 | 198 |
Netherlands | 76.6 | 186 | 247 | 180 |
United States | 23.6 | 79.3 | 18.4 | 159 |
Italy | 84.0 | 93.2 | 152 | 120 |
Others | 174 | 242 | 130 | 187 |
Total | 3,461 | 2,516 | 3,399 | 8,947 |
Imports by Country
In 2023, France (344K units) constituted the largest supplier of ignition magneto to Spain, with a 82% share of total imports. Moreover, ignition magneto imports from France exceeded the figures recorded by the second-largest supplier, the Czech Republic (46K units), eightfold. Portugal (7.4K units) ranked third in terms of total imports with a 1.8% share.
From 2020 to 2023, the average annual rate of growth in terms of volume from France stood at +599.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+14.6% per year) and Portugal (+7.5% per year).
In value terms, France ($6.1M) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Spain, comprising 68% of total imports. The second position in the ranking was taken by the Czech Republic ($1.7M), with a 19% share of total imports. It was followed by Germany, with a 3.5% share.
From 2020 to 2023, the average annual growth rate of value from France stood at +439.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+16.4% per year) and Germany (-44.1% per year).
Import Prices by Country
In 2023, the ignition magneto price stood at $21 per unit (CIF, Spain), declining by -22.1% against the previous year. Over the period under review, the import price saw a deep slump. The growth pace was the most rapid in 2021 when the average import price increased by 6.7%. As a result, import price attained the peak level of $40 per unit. From 2022 to 2023, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($45 per unit), while the price for France ($18 per unit) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the ignition magneto market in Spain. 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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