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China - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Magneto Price in China - 2023
Contents:
- Ignition Magneto Price in China (FOB) - 2023
- Ignition Magneto Price in China (CIF) - 2022
- Ignition Magneto Exports in China
- Ignition Magneto Imports in China
Ignition Magneto Price in China (FOB) - 2023
The average ignition magneto export price stood at $4.9 per unit in June 2023, shrinking by -7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in July 2022 an increase of 31% m-o-m. Over the period under review, the average export prices reached the peak figure at $7.3 per unit in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($20.7 per unit), while the average price for exports to India ($1.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Magneto Price in China (CIF) - 2022
The average ignition magneto import price stood at $6.5 per unit in 2022, increasing by 10% against the previous year. Overall, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the peak figure at $19 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($16 per unit), while the price for Italy ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ignition Magneto Exports in China
After three years of growth, overseas shipments of ignition magnetos, magneto-dynamos and magnetic flywheels decreased by -12.7% to 13M units in 2022. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports reached the peak of 15M units, and then dropped in the following year.
In value terms, ignition magneto exports declined to $56M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports attained the peak of $63M, and then declined in the following year.
Export of Ignition Magneto in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 16.6 | 16.3 | 24.7 | 19.0 | 4.6% |
Thailand | 3.6 | 3.4 | 6.1 | 6.1 | 19.2% |
Italy | 2.7 | 2.5 | 4.4 | 5.3 | 25.2% |
Indonesia | 2.8 | 2.8 | 3.5 | 4.9 | 20.5% |
Japan | 5.9 | 5.0 | 4.9 | 4.9 | -6.0% |
Brazil | 2.3 | 2.6 | 3.7 | 4.4 | 24.1% |
Vietnam | 1.4 | 3.8 | 5.1 | 3.9 | 40.7% |
Pakistan | 1.7 | 3.0 | 1.9 | 0.7 | -25.6% |
Others | 7.0 | 4.7 | 8.4 | 6.4 | -2.9% |
Total | 44.0 | 44.0 | 62.6 | 55.6 | 8.1% |
Top Export Markets for Ignition Magneto from China in 2022:
- United States (4.1M units)
- Japan (2.2M units)
- Indonesia (2.0M units)
- Brazil (1.0M units)
- Thailand (1.0M units)
- Vietnam (0.7M units)
- Pakistan (0.3M units)
- Italy (0.3M units)
Ignition Magneto Imports in China
After three years of growth, supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels decreased by -0.3% to 657K units in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, imports reached the peak of 658K units, leveling off in the following year.
In value terms, ignition magneto imports expanded significantly to $4.3M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ignition Magneto in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,423 | 786 | 971 | 2,002 | 12.1% |
Italy | 517 | 678 | 1,197 | 1,021 | 25.5% |
Japan | 529 | 503 | 710 | 562 | 2.0% |
Germany | 156 | 192 | 325 | 328 | 28.1% |
Indonesia | 55.4 | 102 | 468 | 190 | 50.8% |
Sweden | 513 | 974 | 69.9 | N/A | -63.1% |
Philippines | 248 | N/A | 10.0 | N/A | -79.9% |
Others | 98.1 | 451 | 162 | 190 | 24.7% |
Total | 3,540 | 3,687 | 3,913 | 4,293 | 6.6% |
Top Suppliers of Ignition Magneto to China in 2022:
- Italy (352.4K units)
- United States (207.9K units)
- Japan (56.2K units)
- Germany (21.4K units)
- Indonesia (12.0K units)
This report provides an in-depth analysis of the ignition magneto market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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