Canada - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Canada - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights

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Ignition Coil Price in Canada - 2023

Contents:

  1. Ignition Coil Price in Canada (CIF) - 2023
  2. Ignition Coil Price in Canada (FOB) - 2022
  3. Ignition Coil Imports in Canada
  4. Ignition Coil Exports in Canada

Ignition Coil Price in Canada (CIF) - 2023

In September 2023, the average ignition coil import price amounted to $9.1 per unit, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 17% m-o-m. Over the period under review, average import prices hit record highs at $11.0 per unit in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($17.5 per unit), while the price for Turkey ($6.8 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ignition Coil Price in Canada (FOB) - 2022

In 2022, the average ignition coil export price amounted to $9.1 per unit, shrinking by -14.6% against the previous year. In general, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. The export price peaked at $11 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($9.1 per unit) and Australia ($9.1 per unit), while the average price for exports to France ($9.1 per unit) and the United States ($9.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-1.7%), while the prices for the other major destinations experienced a decline.

Ignition Coil Imports in Canada

In 2022, imports of distributors and ignition coils into Canada dropped slightly to 6.8M units, approximately equating the previous year. Overall, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 0.7%. Imports peaked at 8.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ignition coil imports dropped to $65M in 2022. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, imports reached the peak figure at $71M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ignition Coil in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.733.223.726.9-11.4%
Mexico10.611.014.312.86.5%
Japan1.51.712.910.188.8%
China6.35.07.07.35.0%
Poland2.72.43.13.610.1%
Turkey6.50.30.40.4-60.5%
Others4.13.53.93.9-1.7%
Total70.557.165.365.1-2.6%

Top Suppliers of Ignition Coil to Canada in 2022:

  1. United States (3202.3K units)
  2. Mexico (1500.5K units)
  3. Japan (1110.6K units)
  4. China (512.5K units)
  5. Poland (268.8K units)
  6. Turkey (23.7K units)

Ignition Coil Exports in Canada

In 2022, ignition coil exports from Canada contracted to 184K units, approximately equating the year before. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked at 269K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, ignition coil exports contracted significantly to $1.7M in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs at $2.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Ignition Coil in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,2251,0811,3581,281-16.8%
Australia79.135.761.887.53.4%
France2.71.514.449.1163.0%
Belgium49.149.967.838.8-7.5%
Bermuda1350.3N/AN/A-99.8%
Others314280469209-12.7%
Total2,8051,4481,9711,665-16.0%

Top Export Markets for Ignition Coil from Canada in 2022:

  1. United States (141.3K units)
  2. Australia (9.6K units)
  3. France (5.4K units)
  4. Belgium (4.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ignition coil market in Canada. 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 29312170 - Distributors and ignition coils

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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