Italy - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice of Ignition Magneto in Italy Decreases by 3%, Now at An Average of $5.1 per Unit
Italy Ignition Magneto Export Price in May 2023
In May 2023, the ignition magneto price amounted to $5.1 per unit (FOB, Italy), which is down by -2.5% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in November 2022 an increase of 13% against the previous month. The export price peaked at $5.5 per unit in January 2023; however, from February 2023 to May 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In May 2023, the country with the highest price was Germany ($6.0 per unit), while the average price for exports to the United States ($4.7 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
| COUNTRY | Export Price of Ignition Magneto in Italy (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Germany | 4.7 | 5.5 | 5.3 | 5.0 | 5.6 | 5.6 | 5.8 | 6.1 | 5.7 | 5.1 | 5.5 | 5.6 | 6.0 |
| Vietnam | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 6.1 | 4.4 | 4.9 | 4.9 | 5.4 |
| United States | 4.1 | 4.2 | 4.1 | 4.1 | 4.1 | 4.1 | 4.9 | 4.8 | 4.9 | 4.9 | 4.7 | 4.9 | 4.7 |
| Average | 4.4 | 4.6 | 4.6 | 4.4 | 4.5 | 4.7 | 5.3 | 5.1 | 5.5 | 4.9 | 5.0 | 5.2 | 5.1 |
Italy Ignition Magneto Exports
After two months of decline, shipments abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 57% to 391K units in May 2023. In general, exports, however, recorded a mild decline. The exports peaked at 482K units in September 2022; however, from October 2022 to May 2023, the exports stood at a somewhat lower figure.
In value terms, ignition magneto exports soared to $2M (IndexBox estimates) in May 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when exports increased by 62% m-o-m. The exports peaked at 2.2M units in September 2022; however, from October 2022 to May 2023, the exports stood at a somewhat lower figure.
Italy Ignition Magneto Exports by Country
the United States (245K units) was the main destination for ignition magneto exports from Italy, with a 63% share of total exports. Moreover, ignition magneto exports to the United States exceeded the volume sent to the second major destination, Vietnam (108K units), twofold.
From May 2022 to May 2023, the average monthly rate of growth in terms of volume to the United States stood at -2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (+26.9% per month) and Germany (-8.6% per month).
In value terms, the largest markets for ignition magneto exported from Italy were the United States ($1.1M), Vietnam ($577K) and Germany ($161K), with a combined 94% share of total exports.
Vietnam, with a CAGR of +23.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
This report provides an in-depth analysis of the ignition magneto market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
