Finland - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Finland - 2023
Contents:
- Ignition Coil Price in Finland (CIF) - 2023
- Ignition Coil Price in Finland (FOB) - 2023
- Ignition Coil Imports in Finland
- Ignition Coil Exports in Finland
Ignition Coil Price in Finland (CIF) - 2023
The average ignition coil import price stood at $59.3 per unit in August 2023, with an increase of 54% against the previous month. Overall, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ignition coil import price increased by +56.9% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 61% m-o-m. As a result, import price reached the peak level of $61.5 per unit. From February 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($131 per unit), while the price for China ($16.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Ignition Coil Price in Finland (FOB) - 2023
The average ignition coil export price stood at $65.5 per unit in August 2023, dropping by -33.1% against the previous month. Overall, export price indicated a noticeable increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, ignition coil export price decreased by -33.1% against July 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 84% against the previous month. The export price peaked at $97.8 per unit in July 2023, and then shrank dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($154 per unit), while the average price for exports to Norway ($35.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Coil Imports in Finland
Ignition coil imports into Finland fell to 206K units in 2022, with a decrease of -10% on 2021 figures. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports reached the peak of 229K units, and then reduced in the following year.
In value terms, ignition coil imports dropped remarkably to $2M in 2022. Overall, imports showed a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $2.9M, and then reduced notably in the following year.
| Import of Ignition Coil in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 541 | 472 | 870 | 564 | 1.4% |
| Germany | 406 | 323 | 371 | 309 | -8.7% |
| Poland | 8.7 | 26.0 | 271 | 198 | 183.4% |
| Turkey | 89.5 | 129 | 143 | 150 | 18.8% |
| Slovenia | 167 | 234 | 283 | 142 | -5.3% |
| United States | 175 | 178 | 218 | 111 | -14.1% |
| Japan | 50.7 | 70.3 | 143 | 77.6 | 15.2% |
| Taiwan (Chinese) | 33.0 | 89.2 | 86.0 | 76.1 | 32.1% |
| Italy | 79.1 | 82.5 | 80.8 | 62.1 | -7.7% |
| Mexico | 33.7 | 60.4 | 63.3 | 61.3 | 22.1% |
| France | 31.5 | 33.5 | 39.0 | 44.2 | 12.0% |
| Canada | 9.6 | 55.2 | 104 | 35.7 | 54.9% |
| United Kingdom | 178 | 96.2 | 50.5 | 20.2 | -51.6% |
| Others | 260 | 191 | 213 | 150 | -16.8% |
| Total | 2,062 | 2,040 | 2,935 | 2,002 | -1.0% |
Top Suppliers of Ignition Coil to Finland in 2022:
- China (58.1K units)
- Germany (31.8K units)
- Poland (20.4K units)
- Turkey (15.4K units)
- Slovenia (14.7K units)
- United States (11.4K units)
- Japan (8.0K units)
- Taiwan (Chinese) (7.8K units)
- Italy (6.4K units)
- Mexico (6.3K units)
- France (4.6K units)
- Canada (3.7K units)
- United Kingdom (2.1K units)
Ignition Coil Exports in Finland
In 2022, overseas shipments of distributors and ignition coils decreased by -8.6% to 33K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports reached the peak of 36K units, and then contracted in the following year.
In value terms, ignition coil exports fell significantly to $221K in 2022. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of $362K, and then contracted rapidly in the following year.
| Export of Ignition Coil in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 72.1 | 75.6 | 102 | 78.1 | 2.7% |
| Estonia | 31.1 | 44.5 | 74.2 | 44.9 | 13.0% |
| Norway | 18.8 | 26.9 | 22.5 | 27.2 | 13.1% |
| Turkey | N/A | N/A | N/A | 18.2 | 0% |
| Russia | 31.7 | 55.7 | 39.4 | 13.7 | -24.4% |
| Latvia | 9.6 | 11.3 | 7.4 | 7.4 | -8.3% |
| Canada | 5.8 | 4.0 | 0.8 | 5.7 | -0.6% |
| Netherlands | 6.4 | 7.7 | 59.4 | 0.2 | -68.5% |
| Others | 12.9 | 27.7 | 56.1 | 25.6 | 25.7% |
| Total | 188 | 254 | 362 | 221 | 5.5% |
Top Export Markets for Ignition Coil from Finland in 2022:
- Netherlands (undefinedK units)
- Sweden (11.6K units)
- Estonia (6.7K units)
- Norway (4.0K units)
- Turkey (2.7K units)
- Russia (2.0K units)
- Latvia (1.1K units)
- Canada (0.8K units)
This report provides an in-depth analysis of the ignition coil market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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
-
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
-
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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