United Arab Emirates - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in the United Arab Emirates - 2021
Contents:
- Spark Plug Price in the United Arab Emirates (CIF) - 2022
- Spark Plug Price in the United Arab Emirates (FOB) - 2022
- Spark Plug Imports in the United Arab Emirates
- Spark Plug Exports in the United Arab Emirates
Spark Plug Price in the United Arab Emirates (CIF) - 2022
The average spark plug import price stood at $1 per unit in 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, average import prices reached the maximum at $1 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.1 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Spark Plug Price in the United Arab Emirates (FOB) - 2022
In 2022, the average spark plug export price amounted to $3.4 per unit, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices hit record highs at $3.6 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($5.8 per unit), while the average price for exports to the United States ($1.7 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 Iran (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Spark Plug Imports in the United Arab Emirates
Spark plug imports into the United Arab Emirates fell markedly to 116M units in 2022, with a decrease of -18.2% against the previous year. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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 +28.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports attained the peak of 142M units, and then reduced dramatically in the following year.
In value terms, spark plug imports declined notably to $114M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of $139M, and then reduced markedly in the following year.
Import of Spark Plug in the United Arab Emirates (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 64.6 | 47.1 | 63.1 | 52.0 | -7.0% |
China | 2.6 | 2.0 | 7.0 | 14.3 | 76.5% |
United States | 9.0 | 9.9 | 8.9 | 8.5 | -1.9% |
Germany | 7.7 | 9.2 | 11.1 | 8.1 | 1.7% |
United Kingdom | 0.7 | 0.5 | 3.3 | 1.9 | 39.5% |
Indonesia | 8.5 | 5.8 | 8.9 | N/A | 2.3% |
Others | 20.4 | 14.5 | 36.2 | 29.0 | 12.4% |
Total | 113 | 88.9 | 139 | 114 | 0.3% |
Top Suppliers of Spark Plug to the United Arab Emirates in 2022:
- Japan (53.4M units)
- China (20.8M units)
- Germany (8.4M units)
- United States (7.8M units)
- United Kingdom (1.9M units)
Spark Plug Exports in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in shipments abroad of sparking plugs, when their volume decreased by -8.9% to 4.8M units. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 124%. The exports peaked at 5.3M units in 2021, and then dropped in the following year.
In value terms, spark plug exports contracted to $16M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 152% against the previous year. The exports peaked at $18M in 2021, and then declined in the following year.
Export of Spark Plug in the United Arab Emirates (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 0.2 | 0.3 | 0.4 | 5.3 | 198.1% |
Israel | N/A | N/A | N/A | 1.5 | 0% |
Jamaica | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
Georgia | N/A | N/A | N/A | 0.9 | 0% |
Chile | 0.1 | N/A | N/A | 0.9 | 108.0% |
Kazakhstan | N/A | N/A | N/A | 0.9 | 0% |
Germany | N/A | N/A | N/A | 0.8 | 0% |
Zimbabwe | N/A | N/A | N/A | 0.7 | 0% |
South Africa | 0.1 | N/A | N/A | 0.6 | 81.7% |
United States | N/A | N/A | 0.2 | 0.4 | 100.0% |
Oman | 3.3 | 12.7 | 15.8 | N/A | 118.8% |
Angola | 0.7 | 0.2 | 0.1 | N/A | -62.2% |
Others | 1.2 | 1.2 | 1.3 | 3.1 | 37.2% |
Total | 5.8 | 14.5 | 18.0 | 16.3 | 41.1% |
Top Export Markets for Spark Plug from the United Arab Emirates in 2022:
- Hong Kong SAR (917.8K units)
- Israel (618.1K units)
- Jamaica (437.2K units)
- Kazakhstan (383.9K units)
- Germany (310.1K units)
- Zimbabwe (271.3K units)
- United States (234.3K units)
- Chile (210.0K units)
- Georgia (175.6K units)
- South Africa (156.1K units)
This report provides an in-depth analysis of the spark plug market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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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