China - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 3, 2024

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

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Ignition Coil Price in China - 2023

Contents:

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

Ignition Coil Price in China (FOB) - 2022

In 2022, the average ignition coil export price amounted to $5.3 per unit, growing by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. As a result, the export price attained the peak level of $5.5 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($8.7 per unit), while the average price for exports to Iran ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Coil Price in China (CIF) - 2022

The average ignition coil import price stood at $7 per unit in 2022, waning by -13.9% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $12 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Portugal ($24 per unit), while the price for Vietnam ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.7%), while the prices for the other major suppliers experienced a decline.

Ignition Coil Exports in China

Ignition coil exports from China declined to 103M units in 2022, reducing by -3.7% against the previous year. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 107M units, and then reduced slightly in the following year.

In value terms, ignition coil exports reached $553M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Ignition Coil in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12214218217713.2%
Mexico20.317.229.231.716.0%
Brazil27.223.526.526.9-0.4%
Germany19.117.825.423.06.4%
Japan14.915.525.822.915.4%
Russia8.48.520.621.035.7%
South Korea4.810.716.915.848.8%
Iran6.912.210.113.826.0%
India6.16.211.311.724.2%
Indonesia6.16.310.411.423.2%
Turkey5.17.87.89.322.2%
Thailand7.97.19.59.25.2%
Vietnam3.23.75.97.130.4%
Others11211315917215.4%
Total36439254055315.0%

Top Export Markets for Ignition Coil from China in 2022:

  1. United States (29.3M units)
  2. Mexico (7.8M units)
  3. Iran (4.9M units)
  4. Japan (4.8M units)
  5. Brazil (4.1M units)
  6. Indonesia (3.9M units)
  7. Russia (3.2M units)
  8. Germany (2.7M units)
  9. India (2.3M units)
  10. South Korea (2.3M units)
  11. Vietnam (2.0M units)
  12. Turkey (1.8M units)
  13. Thailand (1.8M units)

Ignition Coil Imports in China

In 2022, approx. 8M units of distributors and ignition coils were imported into China; waning by -1.6% compared with the year before. Overall, imports faced a abrupt decrease. Imports peaked at 11M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ignition coil imports dropped dramatically to $56M in 2022. In general, imports faced a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 1.6% against the previous year. Imports peaked at $85M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Ignition Coil in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan24.721.215.824.1-0.8%
Germany8.510.912.17.3-4.9%
United States16.16.214.26.5-26.1%
Philippines3.04.95.64.917.8%
Portugal5.04.25.93.2-13.8%
South Korea16.28.52.61.8-51.9%
Slovenia3.32.32.21.5-23.1%
Vietnam0.30.30.40.518.6%
Thailand0.90.60.80.4-23.7%
Others7.05.76.35.4-8.3%
Total84.964.965.955.8-13.1%

Top Suppliers of Ignition Coil to China in 2022:

  1. Japan (3251.3K units)
  2. Philippines (1461.1K units)
  3. Germany (1076.3K units)
  4. United States (589.8K units)
  5. South Korea (313.0K units)
  6. Vietnam (186.8K units)
  7. Portugal (134.5K units)
  8. Thailand (131.1K units)
  9. Slovenia (113.0K units)

Source: IndexBox Market Intelligence Platform

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

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:

  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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