Australia and Oceania: Spark Plug Market 2025

Spark Plug Market Size in Australia and Oceania

The spark plug market in Australia and Oceania reached $X in 2022, surging by 2.2% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Spark Plug Production in Australia and Oceania

In value terms, spark plug production rose notably to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.7% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 43%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Spark Plug Exports

Exports in Australia and Oceania

In 2022, spark plug exports in Australia and Oceania contracted slightly to X units, waning by -4.6% compared with the year before. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 23% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, spark plug exports fell to $X in 2022. The total export value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 25% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

The biggest shipments were from Australia (X units), together amounting to 99% of total export.

Australia experienced a relatively flat trend pattern with regard to volume of exports of sparking plugs. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest spark plug supplier in Australia and Oceania.

In Australia, spark plug exports increased at an average annual rate of +3.8% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, approximately reflecting the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spark plug export price increased by +78.2% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by 52% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced modestly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +3.2% per year.

Spark Plug Imports

Imports in Australia and Oceania

In 2022, the amount of sparking plugs imported in Australia and Oceania reduced to X units, shrinking by -5.2% compared with 2021 figures. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 4.7%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, spark plug imports reached $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia was the key importing country with an import of around X units, which amounted to 83% of total imports. It was distantly followed by New Zealand (X units), making up a 13% share of total imports. New Caledonia (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -3.2% from 2012 to 2022. New Caledonia and New Zealand experienced a relatively flat trend pattern. New Zealand (+3 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -3.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported sparking plugs in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest. In the other countries, the average annual rates were as follows: New Zealand (+1.0% per year) and New Caledonia (+4.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2016 when the import price increased by 10%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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