Report Update Apr 1, 2024

Ecuador - Ignition Magnetos, Magneto-Dynamos and Magnetic Flywheels - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Ignition Magneto Market 2024

Ignition Magneto Market Size in Ecuador

For the fourth year in a row, the Ecuadorian ignition magneto market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption saw a strong increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Ignition Magneto Exports

Exports from Ecuador

In 2022, overseas shipments of ignition magnetos, magneto-dynamos and magnetic flywheels decreased by X% to X units, falling for the second year in a row after two years of decline. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, ignition magneto exports amounted to $X in 2022. Overall, exports saw a abrupt slump. The smallest decline of X% was in 2016. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for ignition magneto exports from Ecuador, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the United States totaled X%.

From 2013 to 2022, the average annual growth rate of value to the United States amounted to X%.

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2022, flattening at the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Ignition Magneto Imports

Imports into Ecuador

For the fourth consecutive year, Ecuador recorded growth in purchases abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, which increased by X% to X units in 2022. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, ignition magneto imports rose modestly to $X in 2022. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest ignition magneto supplier to Ecuador, accounting for a X% share of total imports. Moreover, ignition magneto imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Ecuador, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Philippines (X% per year).

Import Prices by Country

The average ignition magneto import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X 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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ignition magnetos, magneto-dynamos and magnetic flywheels in the world?

China constituted the country with the largest volume of ignition magneto consumption, comprising approx. 29% of total volume. Moreover, ignition magneto consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ignition magnetos, magneto-dynamos and magnetic flywheels in the world?

China remains the largest ignition magneto producing country worldwide, comprising approx. 32% of total volume. Moreover, ignition magneto production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 7.3% share.

What are the leading suppliers of ignition magnetos, magneto-dynamos and magnetic flywheels to Ecuador?

In value terms, China constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Ecuador, comprising 40% of total imports. The second position in the ranking was held by the United States, with a 14% share of total imports. It was followed by the Philippines, with a 12% share.

What is the average export price for ignition magnetos, magneto-dynamos and magnetic flywheels in Ecuador?

The average ignition magneto export price stood at $2 per unit in 2022, standing approx. at the previous year.

What is the average import price for ignition magnetos, magneto-dynamos and magnetic flywheels in Ecuador?

In 2022, the average ignition magneto import price amounted to $3.7 per unit, declining by -24.6% against the previous year.

This report provides an in-depth analysis of the ignition magneto market in Ecuador. 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:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023