Switzerland: Ignition Magneto Market 2024

Ignition Magneto Market Size in Switzerland

In 2022, the Swiss ignition magneto market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, showed a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Ignition Magneto Production in Switzerland

In value terms, ignition magneto production rose sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

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Ignition Magneto Exports

Exports from Switzerland

In 2022, approx. X units of ignition magnetos, magneto-dynamos and magnetic flywheels were exported from Switzerland; with a decrease of X% on 2021 figures. Overall, exports saw a sharp decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ignition magneto exports declined rapidly to $X in 2022. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Austria (X units) and the Czech Republic (X units) were the main destinations of ignition magneto exports from Switzerland, together comprising X% of total exports. Moreover, ignition magneto exports in Germany exceeded the figures recorded by the second-largest exporter, Austria, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X), Germany ($X) and Austria ($X) constituted the largest markets for ignition magneto exported from Switzerland worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per unit in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to China ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume decreased by X% to X units. Over the period under review, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2021, and then contracted notably in the following year.

In value terms, ignition magneto imports reduced rapidly to $X in 2022. Overall, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then fell notably in the following year.

Imports by Country

France (X units), Spain (X units) and the Netherlands (X units) were the main suppliers of ignition magneto imports to Switzerland, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

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

Import Prices by Country

In 2022, the average ignition magneto import price amounted to $X per unit, surging by X% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ignition magneto import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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