Canada - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Magneto Price in Canada - 2023
Contents:
- Ignition Magneto Price in Canada (CIF) - 2023
- Ignition Magneto Price in Canada (FOB) - 2022
- Ignition Magneto Imports in Canada
- Ignition Magneto Exports in Canada
Ignition Magneto Price in Canada (CIF) - 2023
In June 2023, the average ignition magneto import price amounted to $124 per unit, reducing by -33.9% against the previous month. Over the period under review, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in July 2022 an increase of 372% m-o-m. The import price peaked at $210 per unit in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($276 per unit), while the price for Mexico ($14.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Ignition Magneto Price in Canada (FOB) - 2022
The average ignition magneto export price stood at $16 per unit in 2022, falling by -10.4% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 83% against the previous year. As a result, the export price attained the peak level of $18 per unit, and then reduced in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Finland ($16 per unit) and Israel ($16 per unit), while the average price for exports to Colombia ($16 per unit) and the United States ($16 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Magneto Imports in Canada
In 2022, ignition magneto imports into Canada rose remarkably to 46K units, picking up by 7.5% compared with the previous year. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 46%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, ignition magneto imports totaled $2.7M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. 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 Magneto in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,960 | 1,543 | 1,867 | 1,850 | -1.9% |
| Croatia | 128 | 97.9 | 288 | 286 | 30.7% |
| China | 75.0 | 156 | 151 | 150 | 26.0% |
| Germany | 72.8 | 60.9 | 79.9 | 79.1 | 2.8% |
| Taiwan (Chinese) | 76.2 | 76.8 | 53.0 | 67.0 | -4.2% |
| Italy | 15.9 | 111 | 11.9 | 45.2 | 41.7% |
| Japan | 59.1 | 30.9 | 40.0 | 42.3 | -10.5% |
| Mexico | 23.1 | 16.3 | 41.9 | 41.5 | 21.6% |
| Others | 57.5 | 42.1 | 109 | 114 | 25.6% |
| Total | 2,468 | 2,135 | 2,643 | 2,675 | 2.7% |
Top Suppliers of Ignition Magneto to Canada in 2022:
- United States (15.4K units)
- China (13.4K units)
- Croatia (4.8K units)
- Taiwan (Chinese) (3.4K units)
- Japan (1.8K units)
- Germany (1.7K units)
- Italy (1.2K units)
- Mexico (0.8K units)
Ignition Magneto Exports in Canada
In 2022, after two years of decline, there was significant growth in overseas shipments of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume increased by 54% to 41K units. Overall, exports, however, saw a deep contraction. The exports peaked at 70K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ignition magneto exports skyrocketed to $668K in 2022. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Ignition Magneto in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 316 | 224 | 266 | 378 | 6.2% |
| Colombia | 143 | 44.5 | 124 | 177 | 7.4% |
| Belgium | 7.6 | 10.1 | 22.0 | 31.5 | 60.6% |
| Australia | 6.3 | 14.5 | 21.2 | 30.3 | 68.8% |
| Finland | 1.2 | 1.3 | 9.6 | 13.7 | 125.2% |
| Russia | 0.6 | 0.3 | 9.0 | 12.9 | 178.1% |
| Israel | 0.2 | 1.4 | 8.1 | 11.5 | 286.0% |
| Others | 33.3 | 17.1 | 26.4 | 12.8 | -27.3% |
| Total | 508 | 313 | 486 | 668 | 9.6% |
Top Export Markets for Ignition Magneto from Canada in 2022:
- United States (23.5K units)
- Colombia (11.0K units)
- Australia (1.9K units)
- Belgium (1.9K units)
- Finland (0.8K units)
- Russia (0.8K units)
- Israel (0.7K units)
This report provides an in-depth analysis of the ignition magneto market in Canada. 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
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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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