Germany - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in Germany - 2023
Contents:
- Spark Plug Price in Germany (FOB) - 2023
- Spark Plug Price in Germany (CIF) - 2023
- Spark Plug Exports in Germany
- Spark Plug Imports in Germany
Spark Plug Price in Germany (FOB) - 2023
In August 2023, the average spark plug export price amounted to $23.2 per unit, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 12% m-o-m. The export price peaked at $27.6 per unit in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($47.6 per unit), while the average price for exports to Brazil ($5.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Spark Plug Price in Germany (CIF) - 2023
The average spark plug import price stood at $12.2 per unit in August 2023, waning by -4.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 24% m-o-m. As a result, import price attained the peak level of $19.1 per unit. From June 2023 to August 2023, the average import prices remained at a 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 ($21.0 per unit), while the price for China ($3.0 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 the Czech Republic (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Exports in Germany
In 2022, approx. 850M units of sparking plugs were exported from Germany; with an increase of 45% on the previous year's figure. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 79%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, spark plug exports dropped to $793M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $855M, and then contracted in the following year.
Export of Spark Plug in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 90.1 | 124 | 159 | 138 | 15.3% |
United States | 64.0 | 63.9 | 81.2 | 78.7 | 7.1% |
Italy | 54.9 | 46.4 | 64.7 | 61.1 | 3.6% |
Poland | 33.0 | 34.9 | 52.3 | 49.2 | 14.2% |
France | 38.2 | 37.0 | 48.0 | 44.6 | 5.3% |
Netherlands | 33.7 | 32.3 | 39.1 | 39.9 | 5.8% |
United Kingdom | 32.1 | 30.3 | 35.6 | 38.2 | 6.0% |
Belgium | 18.2 | 20.1 | 28.4 | 26.2 | 12.9% |
Turkey | 18.7 | 20.1 | 23.7 | 25.1 | 10.3% |
Spain | 20.5 | 16.4 | 21.0 | 21.5 | 1.6% |
Austria | 16.5 | 15.5 | 18.9 | 21.4 | 9.1% |
Russia | 49.9 | 38.4 | 59.9 | 17.4 | -29.6% |
Czech Republic | 15.3 | 15.9 | 18.0 | 15.5 | 0.4% |
Others | 157 | 157 | 205 | 216 | 11.2% |
Total | 642 | 652 | 855 | 793 | 7.3% |
Top Export Markets for Spark Plug from Germany in 2022:
- China (148.2M units)
- United States (84.3M units)
- Italy (65.5M units)
- Poland (52.8M units)
- France (47.8M units)
- Netherlands (42.8M units)
- United Kingdom (41.0M units)
- Belgium (28.1M units)
- Turkey (26.9M units)
- Spain (23.0M units)
- Austria (22.9M units)
- Russia (18.6M units)
- Czech Republic (16.6M units)
Spark Plug Imports in Germany
In 2022, approx. 128M units of sparking plugs were imported into Germany; waning by -22.9% compared with 2021 figures. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 166M units, and then dropped remarkably in the following year.
In value terms, spark plug imports fell to $455M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $521M, and then fell in the following year.
Import of Spark Plug in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 288 | 246 | 244 | 242 | -5.6% |
France | 40.1 | 49.0 | 79.1 | 60.3 | 14.6% |
Russia | 21.2 | 35.6 | 86.5 | 39.1 | 22.6% |
Austria | 15.4 | 25.9 | 46.2 | 37.0 | 33.9% |
Thailand | 0.1 | 7.2 | 19.1 | 20.7 | 491.5% |
United States | 8.0 | 6.2 | 9.2 | 11.7 | 13.5% |
Netherlands | 9.6 | 11.2 | 3.9 | 8.2 | -5.1% |
China | 9.2 | 5.9 | 6.0 | 6.4 | -11.4% |
Others | 16.0 | 21.5 | 27.5 | 28.9 | 21.8% |
Total | 408 | 408 | 521 | 455 | 3.7% |
Top Suppliers of Spark Plug to Germany in 2022:
- Japan (68.3M units)
- France (17.0M units)
- Russia (11.0M units)
- Austria (10.4M units)
- Thailand (5.8M units)
- United States (3.3M units)
- Netherlands (2.3M units)
- China (1.8M units)
This report provides an in-depth analysis of the spark plug market in Germany. 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 29312130 - Sparking plugs
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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During the period analyzed, Spark Plug exports reached a peak of 5.8M units in July 2023, but from August to October 2023, they struggled to recover momentum. The export value saw a steep decline to $41M in October 2023.
In August 2022, the spark plug price amounted to $6.9 per unit (FOB, Germany), waning by -4.2% against the previous month.
In January 2023, the engine generator price stood at $80.3 per unit (CIF, Germany), falling by -4% against the previous month.
In January 2023, the ignition coil price stood at $13.2 per unit (FOB, Germany), approximately reflecting the previous month.
Global spark plug market projected to see slight growth in volume and value terms over the next seven years. Consumption trends, production, imports, and exports analyzed for key countries.
Explore the top countries by import value for spark plugs in 2023. Learn about the key players and factors driving the global market.
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