United Kingdom - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in the UK - 2023
Contents:
- Ignition Coil Price in the UK (CIF) - 2022
- Ignition Coil Price in the UK (FOB) - 2023
- Ignition Coil Imports in the UK
- Ignition Coil Exports in the UK
Ignition Coil Price in the UK (CIF) - 2022
In 2022, the average ignition coil import price amounted to $11 per unit, shrinking by -4.3% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 15% against the previous year. The import price peaked at $17 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($11 per unit) and Portugal ($11 per unit), while the price for Italy ($11 per unit) and France ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-3.8%), while the prices for the other major suppliers experienced a decline.
Ignition Coil Price in the UK (FOB) - 2023
The average ignition coil export price stood at $10.7 per unit in August 2023, flattening at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 18% m-o-m. Over the period under review, the average export prices reached the maximum at $11.9 per unit in February 2023; however, from March 2023 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the countries with the highest prices were the Netherlands ($10.7 per unit) and Ukraine ($10.7 per unit), while the average price for exports to the United Arab Emirates ($10.7 per unit) and Italy ($10.7 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Coil Imports in the UK
In 2022, after three years of growth, there was significant decline in purchases abroad of distributors and ignition coils, when their volume decreased by -47.3% to 4.8M units. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 46%. As a result, imports reached the peak of 9.2M units, and then dropped dramatically in the following year.
In value terms, ignition coil imports shrank markedly to $52M in 2022. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of $104M, and then dropped markedly in the following year.
Import of Ignition Coil in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 36.1 | 21.0 | 62.0 | 14.2 | -26.7% |
China | 13.8 | 12.2 | 13.5 | 14.2 | 1.0% |
Turkey | 11.3 | 6.0 | 0.2 | 8.1 | -10.5% |
Italy | 6.1 | 2.7 | 15.6 | 7.1 | 5.2% |
United States | 2.5 | 2.3 | 1.6 | 2.1 | -5.6% |
Slovenia | N/A | N/A | N/A | 1.9 | 0% |
Germany | 6.2 | 6.4 | 7.5 | 1.6 | -36.3% |
Poland | 1.6 | 14.5 | 0.9 | 1.1 | -11.7% |
Others | 4.0 | 3.0 | 2.2 | 2.0 | -20.6% |
Total | 81.5 | 68.2 | 104 | 52.3 | -13.7% |
Top Suppliers of Ignition Coil to the UK in 2022:
- Japan (1309.4K units)
- China (1306.6K units)
- Turkey (750.4K units)
- Italy (656.4K units)
- United States (189.6K units)
- Slovenia (172.5K units)
- Germany (149.2K units)
- Poland (99.0K units)
Ignition Coil Exports in the UK
For the third year in a row, the UK recorded decline in shipments abroad of distributors and ignition coils, which decreased by -7.1% to 1.2M units in 2022. Overall, exports recorded a sharp descent. Over the period under review, the exports attained the peak figure at 2.7M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ignition coil exports shrank significantly to $11M in 2022. Over the period under review, exports showed a precipitous decline. The smallest decline of -4.9% was in 2020. The exports peaked at $30M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Ignition Coil in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.5 | 1.4 | 1.4 | 2.2 | 13.6% |
China | 1.1 | 2.7 | 2.6 | 1.7 | 15.6% |
Italy | 0.3 | 0.3 | 0.2 | 0.7 | 32.6% |
Germany | 17.2 | 17.1 | 0.6 | 0.7 | -65.6% |
Poland | 0.9 | 0.5 | 2.3 | 0.6 | -12.6% |
Netherlands | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
France | 1.7 | 1.4 | 0.7 | 0.4 | -38.3% |
Spain | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
Singapore | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Ukraine | 0.4 | 0.1 | 0.4 | 0.2 | -20.6% |
Saudi Arabia | 0.2 | 0.4 | 0.4 | 0.2 | 0.0% |
United Arab Emirates | 0.1 | N/A | N/A | 0.2 | 26.0% |
Ireland | 1.0 | 0.7 | 0.2 | 0.1 | -53.6% |
Others | 4.8 | 3.3 | 3.9 | 2.4 | -20.6% |
Total | 30.1 | 28.6 | 13.5 | 10.7 | -29.2% |
Top Export Markets for Ignition Coil from the UK in 2022:
- United States (238.7K units)
- China (191.2K units)
- Italy (82.5K units)
- Germany (72.7K units)
- Poland (70.7K units)
- France (48.1K units)
- Spain (43.8K units)
- Netherlands (40.4K units)
- Singapore (33.6K units)
- Ukraine (27.2K units)
- United Arab Emirates (24.8K units)
- Saudi Arabia (24.0K units)
- Ireland (16.1K units)
This report provides an in-depth analysis of the ignition coil market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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