Australia and Oceania: Ignition Magneto Market 2025

Ignition Magneto Market Size in Australia and Oceania

The ignition magneto market in Australia and Oceania reached $X in 2021, increasing by 1.9% against the previous year. Overall, consumption saw a mild decrease. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Ignition Magneto Production in Australia and Oceania

In value terms, ignition magneto production rose modestly to $X in 2021 estimated in export price. Overall, production, however, saw a mild descent. The growth pace was the most rapid in 2018 when the production volume increased by 7.6% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Ignition Magneto Exports

Exports in Australia and Oceania

In 2021, ignition magneto exports in Australia and Oceania skyrocketed to X units, rising by 44% on 2020 figures. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 414%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ignition magneto exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 292%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand represented the major exporter of ignition magnetos, magneto-dynamos and magnetic flywheels in Australia and Oceania, with the volume of exports amounting to X units, which was near 81% of total exports in 2021. It was distantly followed by Australia (X units), creating a 19% share of total exports.

New Zealand was also the fastest-growing in terms of the ignition magnetos, magneto-dynamos and magnetic flywheels exports, with a CAGR of +68.7% from 2012 to 2021. At the same time, Australia (+8.4%) displayed positive paces of growth. While the share of New Zealand (+75 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-49.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest ignition magneto supplier in Australia and Oceania, comprising 83% of total exports. The second position in the ranking was held by New Zealand ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +11.2%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, shrinking by -15.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 170% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.0%).

Ignition Magneto Imports

Imports in Australia and Oceania

In 2021, approx. X units of ignition magnetos, magneto-dynamos and magnetic flywheels were imported in Australia and Oceania; shrinking by -53.8% compared with the previous year's figure. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2019 when imports increased by 1,611% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ignition magneto imports shrank dramatically to $X in 2021. In general, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 81%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Marshall Islands prevails in imports structure, amounting to X units, which was near 90% of total imports in 2021. It was distantly followed by New Zealand (X units), comprising a 4.6% share of total imports. Australia (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to ignition magneto imports into Marshall Islands stood at +15.9%. At the same time, New Zealand (+18.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +18.3% from 2012-2021. By contrast, Australia (-9.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Marshall Islands and New Zealand increased by +25 and +1.9 percentage points, respectively.

In value terms, Australia ($X) constitutes the largest market for imported ignition magnetos, magneto-dynamos and magnetic flywheels in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was held by New Zealand ($X), with an 8.5% share of total imports.

In Australia, ignition magneto imports increased at an average annual rate of +4.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+2.6% per year) and Marshall Islands (+18.2% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, rising by 82% against the previous year. In general, the import price, however, showed a abrupt contraction. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per unit), while Marshall Islands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+15.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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