Sri Lanka - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Sri Lanka - 2021
Contents:
- Ignition Coil Price in Sri Lanka (CIF) - 2022
- Ignition Coil Price in Sri Lanka (FOB) - 2022
- Ignition Coil Imports in Sri Lanka
- Ignition Coil Exports in Sri Lanka
Ignition Coil Price in Sri Lanka (CIF) - 2022
The average ignition coil import price stood at $1.8 per unit in 2022, declining by -49.6% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2013 an increase of 39%. As a result, import price reached the peak level of $4 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9.3 per unit), while the price for China ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.2%), while the prices for the other major suppliers experienced a decline.
Ignition Coil Price in Sri Lanka (FOB) - 2022
In 2022, the average ignition coil export price amounted to $26 per unit, shrinking by -22.6% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115%. Over the period under review, the average export prices hit record highs at $44 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($33 per unit), while the average price for exports to Thailand totaled $25 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Coil Imports in Sri Lanka
In 2022, the amount of distributors and ignition coils imported into Sri Lanka soared to 362K units, picking up by 52% compared with 2021 figures. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ignition coil imports reduced sharply to $657K in 2022. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 63%. As a result, imports reached the peak of $856K, and then shrank sharply in the following year.
| Import of Ignition Coil in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 276 | 362 | 610 | 436 | 16.5% |
| China | 33.7 | 44.2 | 96.3 | 103 | 45.1% |
| Japan | 59.5 | 90.5 | 110 | 84.5 | 12.4% |
| Others | 61.3 | 27.5 | 40.3 | 34.4 | -17.5% |
| Total | 431 | 525 | 856 | 657 | 15.1% |
Top Suppliers of Ignition Coil to Sri Lanka in 2022:
- India (224.4K units)
- China (119.9K units)
- Japan (9.1K units)
Ignition Coil Exports in Sri Lanka
After two years of decline, overseas shipments of distributors and ignition coils increased by 48% to 746 units in 2022. In general, exports, however, showed a sharp shrinkage. Over the period under review, the exports reached the peak figure at 13K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ignition coil exports expanded notably to $19K in 2022. Over the period under review, exports, however, recorded a precipitous setback. The exports peaked at $256K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Ignition Coil in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 8.4 | 7.8 | 1.1 | 17.5 | 27.7% |
| United Arab Emirates | N/A | N/A | N/A | 1.5 | 0% |
| Hong Kong SAR | 133 | 51.8 | 6.3 | N/A | -78.2% |
| Singapore | 107 | 23.4 | 0.1 | N/A | -96.9% |
| Others | 7.1 | 1.1 | 9.4 | 0.3 | -65.2% |
| Total | 256 | 84.1 | 16.8 | 19.3 | -57.8% |
Top Export Markets for Ignition Coil from Sri Lanka in 2022:
- Thailand (695.0 units)
- United Arab Emirates (47.0 units)
This report provides an in-depth analysis of the ignition coil market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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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