U.S. - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in the United States - 2023
Contents:
- Ignition Coil Price in the United States (CIF) - 2023
- Ignition Coil Price in the United States (FOB) - 2023
- Ignition Coil Imports in the United States
- Ignition Coil Exports in the United States
Ignition Coil Price in the United States (CIF) - 2023
The average ignition coil import price stood at $7.2 per unit in September 2023, waning by -7.3% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $7.9 per unit. From May 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($9.7 per unit), while the price for the Dominican Republic ($6.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ignition Coil Price in the United States (FOB) - 2023
The average ignition coil export price stood at $9.0 per unit in September 2023, with an increase of 3.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $9.2 per unit in January 2023; however, from February 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the countries with the highest prices were China ($10.8 per unit) and South Korea ($9.7 per unit), while the average price for exports to Italy ($8.0 per unit) and Mexico ($8.1 per unit) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Coil Imports in the United States
In 2022, ignition coil imports into the United States expanded sharply to 71M units, picking up by 5.3% against 2021 figures. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, ignition coil imports amounted to $510M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Ignition Coil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 121 | 159 | 157 | 9.1% |
| Japan | 78.6 | 61.7 | 110 | 102 | 9.1% |
| Mexico | 159 | 122 | 105 | 90.5 | -17.1% |
| Poland | 49.1 | 45.9 | 44.2 | 45.9 | -2.2% |
| Germany | 20.7 | 19.7 | 23.6 | 26.3 | 8.3% |
| South Korea | 14.3 | 12.4 | 16.9 | 21.8 | 15.1% |
| Turkey | 5.9 | 3.0 | 8.6 | 17.4 | 43.4% |
| Dominican Republic | N/A | N/A | 3.3 | 11.4 | 245.5% |
| Others | 39.1 | 32.8 | 37.9 | 38.0 | -0.9% |
| Total | 488 | 418 | 509 | 510 | 1.5% |
Top Suppliers of Ignition Coil to the United States in 2022:
- China (20.4M units)
- Mexico (14.5M units)
- Japan (12.7M units)
- Poland (5.0M units)
- Germany (4.0M units)
- Dominican Republic (3.6M units)
- Turkey (3.0M units)
- South Korea (2.5M units)
Ignition Coil Exports in the United States
In 2022, approx. 23M units of distributors and ignition coils were exported from the United States; which is down by -3.3% on 2021 figures. In general, exports saw a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, the exports reached the peak figure at 25M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ignition coil exports shrank modestly to $204M in 2022. Over the period under review, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The exports peaked at $231M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ignition Coil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 101 | 80.5 | 101 | 99.0 | -0.7% |
| Canada | 63.8 | 53.4 | 60.1 | 59.2 | -2.5% |
| South Korea | 4.1 | 5.1 | 6.1 | 5.3 | 8.9% |
| Sweden | 3.0 | 2.7 | 4.1 | 4.7 | 16.1% |
| China | 22.1 | 8.8 | 8.5 | 4.3 | -42.1% |
| Italy | 2.9 | 5.9 | 5.5 | 3.1 | 2.2% |
| Others | 34.8 | 21.3 | 26.6 | 28.3 | -6.7% |
| Total | 231 | 178 | 212 | 204 | -4.1% |
Top Export Markets for Ignition Coil from the United States in 2022:
- Mexico (12.4M units)
- Canada (6.0M units)
- Sweden (0.6M units)
- South Korea (0.5M units)
- Italy (0.4M units)
- China (0.4M units)
This report provides an in-depth analysis of the ignition coil market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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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