World - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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Spark plug market: read the most recent data enhanced by an Ai-driven market research platform. Info include market size, imports, companies, trade, market prices, production, exports, and consumption. Here is a breakdown by country, including the U.S., China, the Middle East, EU, Russia, Africa, Latin America, and the U.K. Market trends and outlook to 2030 are also provided in the reports.
Spark Plug - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Japan |
| 2 | India |
| 3 | Germany |
| 4 | China |
| 5 | United States |
In value terms, Japan led the market, alone. The second position in the ranking was occupied by India. It was followed by Germany.
In Japan, the spark plug market expanded at an average annual rate of +169.3% over the period from 2019-2021. In the other countries, the average annual rates were as follows: India (-3.6% per year) and Germany (+65.4% per year).
Spark Plug Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 0.4 | 0.7 | 0.5 | 9.1% |
| United States | 0.5 | 0.5 | 0.5 | 8.9% |
| Indonesia | 0.5 | 1.1 | 0.6 | 9.9% |
| Russia | 1.7 | 0.9 | 1 | -21.3% |
| Thailand | 0.8 | 1.3 | 1.1 | 15.5% |
| Japan | 1.1 | 1.1 | 5 | 110.2% |
| Germany | 1.3 | 4.5 | 7.6 | 137.5% |
| Average | 0.9 | 1.3 | 2.1 | 50.5% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($7.6 per unit), while China ($0.5 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+137.5% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per unit | ||||
| Germany | 2.8 | 4.6 | 4.5 | 27.0% |
| Netherlands | 2.2 | 3.4 | 3.5 | 26.7% |
| China | 3 | 3.3 | 3.2 | 2.1% |
| Mexico | 0.5 | 0.7 | 2 | 98.2% |
| Russia | 2.5 | 1.8 | 1.9 | -13.5% |
| United Arab Emirates | 1.1 | 1 | 1.1 | -1.7% |
| Singapore | 1.2 | 0.8 | 1 | -9.4% |
| United States | 0.7 | 0.6 | 0.5 | -20.1% |
| Average | 1.4 | 1.5 | 1.5 | 3.4% |
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($4.5 per unit), while the United States ($0.5 per unit) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+98.2% per year), while the other global leaders experienced more modest paces of growth.
Spark Plug - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.5 | 0.5 | 0.5 | 4.4% |
| Germany | 0.4 | 0.4 | 0.5 | 6.3% |
| China | 0.2 | 0.3 | 0.3 | 3.7% |
| Mexico | 0.1 | 0.1 | 0.2 | 17.4% |
| Netherlands | 0.07 | 0.08 | 0.2 | 48.7% |
In value terms, the largest spark plug importing markets worldwide were the United States ($549M), Germany ($460M) and China ($268M), with a combined 39% share of global imports. Mexico, the Netherlands, Russia, the United Arab Emirates and Singapore lagged somewhat behind, together comprising a further 18%.
The Netherlands recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Spark Plug - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Japan | 1.3 | 0.8 | 1 | -13.6% |
| Germany | 0.4 | 0.7 | 0.9 | 43.0% |
| United States | 0.3 | 0.2 | 0.2 | -4.0% |
| Thailand | 0.07 | 0.1 | 0.1 | 19.2% |
| China | 0.1 | 0.09 | 0.1 | -4.8% |
In value terms, Japan ($981M), Germany ($853M) and the United States ($247M) were the countries with the highest levels of exports in 2021, together accounting for 65% of global exports. Thailand, China, Russia and Indonesia lagged somewhat behind, together accounting for a further 10%.
In terms of the main exporting countries, Russia (+54.9% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Spark Plug - Market Forecast
The spark plug market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.4% for the nine-year period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.
Spark Plug - Top Companies
Ape Indústria e Comércio Ltda, PANASONIC CORPORATION, SUMITOMO ELECTRIC INDUSTRIES, LTD., Lear Corporation, KOITO MANUFACTURING CO., LTD., AVIC Electromechanical System Co., Ltd., TOKAI RIKA CO., LTD., STANLEY ELECTRIC CO.,LTD., CHAOWEI POWER HOLDINGS LIMITED, Denso Europe B.V., Lg Electronics Vehicle Components U.S.A., LLC, Lear Corporation GmbH, Borgwarner Pds (indiana) Inc., Sumitomo Electric Wiring Systems, Inc., U-SHIN LTD., North American Lighting, Inc., MAGNETI MARELLI SPA, Bbb Industries, LLC, YURA CORPORATION, FURUKAWA AUTOMOTIVE SYSTEMS INC.
Spark Plug - Product Coverage
- HS 851110 - Ignition or starting equipment; spark plugs, of a kind used for spark or compression-ignition internal combustion engines
This report provides an in-depth analysis of the global spark plug market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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