Austria: Ignition Magneto Market 2025

Ignition Magneto Market Size in Austria

In 2021, the Austrian ignition magneto market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Ignition Magneto Production in Austria

In value terms, ignition magneto production declined notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by 49%. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Ignition Magneto Exports

Exports from Austria

In 2021, ignition magneto exports from Austria declined sharply to X units, reducing by -97.6% compared with the previous year. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 3,835% against the previous year. As a result, the exports attained the peak of X units, and then fell markedly in the following year.

In value terms, ignition magneto exports declined remarkably to $X in 2021. Overall, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 2,696% against the previous year. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Italy (X units), Germany (X units) and Romania (X units) were the main destinations of ignition magneto exports from Austria, together comprising 46% of total exports. These countries were followed by France, Hungary, Turkey, Slovenia, the Czech Republic, Spain, Croatia, Slovakia, Switzerland and the United States, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +29.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for ignition magneto exported from Austria were Italy ($X), Germany ($X) and Romania ($X), together accounting for 49% of total exports. Slovenia, Hungary, the Czech Republic, France, Switzerland, Spain, Croatia, Turkey, Slovakia and the United States lagged somewhat behind, together accounting for a further 33%.

Turkey, with a CAGR of +21.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2021, rising by 53% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 83%. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into Austria

For the fifth year in a row, Austria recorded decline in purchases abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, which decreased by -1.3% to X units in 2021. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 14% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, ignition magneto imports surged to $X in 2021. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 38% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Hungary (X units) constituted the largest ignition magneto supplier to Austria, with a 49% share of total imports. Moreover, ignition magneto imports from Hungary exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Germany (X units), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary amounted to +162.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-25.5% per year) and Germany (-11.0% per year).

In value terms, Hungary ($X), Germany ($X) and the Netherlands ($X) constituted the largest ignition magneto suppliers to Austria, together accounting for 59% of total imports.

Hungary, with a CAGR of +152.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ignition magneto import price stood at $X per unit in 2021, with an increase of 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2014 when the average import price increased by 25%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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