Mexico - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Mexico - 2023
Contents:
- Ignition Coil Price in Mexico (CIF) - 2023
- Ignition Coil Price in Mexico (FOB) - 2023
- Ignition Coil Imports in Mexico
- Ignition Coil Exports in Mexico
Ignition Coil Price in Mexico (CIF) - 2023
The average ignition coil import price stood at $8.9 per unit in August 2023, increasing by 21% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 77% against the previous month. Over the period under review, average import prices reached the peak figure at $11.1 per unit in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Japan ($25.4 per unit), while the price for Brazil ($4.5 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 Japan (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ignition Coil Price in Mexico (FOB) - 2023
In August 2023, the average ignition coil export price amounted to $5.9 per unit, which is down by -3.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 8.1% m-o-m. As a result, the export price reached the peak level of $6.7 per unit. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.6% per month.
Ignition Coil Imports in Mexico
In 2022, overseas purchases of distributors and ignition coils decreased by -1.6% to 23M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 23M units, and then contracted slightly in the following year.
In value terms, ignition coil imports reduced to $174M in 2022. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports attained the maximum at $190M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ignition Coil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 92.5 | 80.6 | 94.2 | 93.2 | 0.3% |
| China | 24.9 | 22.6 | 33.3 | 40.2 | 17.3% |
| Brazil | 35.3 | 29.0 | 28.1 | 12.9 | -28.5% |
| Japan | 14.5 | 5.4 | 11.3 | 12.6 | -4.6% |
| South Korea | 10.7 | 6.8 | 6.3 | 6.4 | -15.7% |
| Others | 12.1 | 8.5 | 9.8 | 8.2 | -12.2% |
| Total | 190 | 153 | 183 | 174 | -2.9% |
Top Suppliers of Ignition Coil to Mexico in 2022:
- China (9.6M units)
- United States (7.6M units)
- Brazil (3.1M units)
- Japan (0.8M units)
- South Korea (0.7M units)
Ignition Coil Exports in Mexico
Ignition coil exports from Mexico fell to 15M units in 2022, waning by -6.7% compared with 2021. In general, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 9.6% against the previous year. The exports peaked at 16M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, ignition coil exports declined to $94M in 2022. Overall, exports showed a drastic downturn. The exports peaked at $168M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ignition Coil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 165 | 124 | 107 | 93.6 | -17.2% |
| Others | 2.9 | 2.4 | 0.6 | 0.3 | -53.1% |
| Total | 168 | 127 | 108 | 93.9 | -17.6% |
Top Export Markets for Ignition Coil from Mexico in 2022:
- United States (14.8M units)
This report provides an in-depth analysis of the ignition coil market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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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Imports of Ignition Coil peaked at 2.2M units in December 2022; however, from January 2023 to October 2023, imports failed to regain momentum. In value terms, Ignition Coil imports rose modestly to $17M in October 2023.
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