Vietnam - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Vietnam - 2022
Contents:
- Ignition Coil Price in Vietnam (FOB) - 2022
- Ignition Coil Price in Vietnam (CIF) - 2022
- Ignition Coil Exports in Vietnam
- Ignition Coil Imports in Vietnam
Ignition Coil Price in Vietnam (FOB) - 2022
In 2022, the average ignition coil export price amounted to $3.8 per unit, rising by 3.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29% against the previous year. As a result, the export price attained the peak level of $5.6 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($9.1 per unit), while the average price for exports to China ($2.2 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 China (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.
Ignition Coil Price in Vietnam (CIF) - 2022
In 2022, the average ignition coil import price amounted to $10 per unit, increasing by 3.6% against the previous year. Overall, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 90%. Over the period under review, average import prices reached the peak figure at $13 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +6.0% per year.
Ignition Coil Exports in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of distributors and ignition coils, which increased by 0.2% to 2.4M units in 2022. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ignition coil exports expanded to $9.2M in 2022. In general, exports, however, saw a deep contraction. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Ignition Coil in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2.3 | 1.9 | 2.5 | 4.9 | 28.7% |
Japan | 1.3 | 1.3 | 1.4 | 2.4 | 22.7% |
China | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
Philippines | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Thailand | 2.1 | 2.8 | 2.7 | N/A | 13.4% |
Indonesia | 2.5 | 1.3 | 0.4 | N/A | -60.0% |
Taiwan (Chinese) | 0.7 | 1.0 | 0.8 | N/A | 6.9% |
Others | 1.6 | 0.9 | 0.4 | 0.8 | -20.6% |
Total | 10.9 | 9.5 | 8.9 | 9.2 | -5.5% |
Top Export Markets for Ignition Coil from Vietnam in 2022:
- Brazil (1681.1K units)
- China (317.1K units)
- Japan (268.3K units)
- Philippines (42.7K units)
Ignition Coil Imports in Vietnam
In 2022, approx. 620K units of distributors and ignition coils were imported into Vietnam; waning by -20.3% compared with 2021. Over the period under review, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports reached the peak of 778K units, and then contracted notably in the following year.
In value terms, ignition coil imports reduced remarkably to $6.4M in 2022. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. Imports peaked at $8.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Ignition Coil in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 6.4 | 0% |
Thailand | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
China | 2.9 | 2.4 | 3.8 | N/A | 14.5% |
Japan | 0.9 | 0.8 | 1.2 | N/A | 15.5% |
India | 2.4 | N/A | N/A | N/A | 0% |
Indonesia | 0.1 | 0.6 | 1.0 | N/A | 216.2% |
Portugal | 0.6 | 0.1 | 0.6 | N/A | 0.0% |
Others | 1.0 | 0.7 | 1.0 | N/A | 0.0% |
Total | 8.5 | 5.0 | 7.7 | 6.4 | -9.0% |
Top Suppliers of Ignition Coil to Vietnam in 2022:
- United Arab Emirates (620.2K units)
This report provides an in-depth analysis of the ignition coil market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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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