Croatia: Ignition Magneto Market 2025

Ignition Magneto Market Size in Croatia

After two years of growth, the Croatian ignition magneto market decreased by -9.4% to $X in 2021. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +51.8% against 2018 indices. Ignition magneto consumption peaked at $X in 2020, and then declined in the following year.

Ignition Magneto Production in Croatia

In value terms, ignition magneto production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a strong expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Ignition Magneto Exports

Exports from Croatia

In 2021, ignition magneto exports from Croatia skyrocketed to X units, picking up by 33% against the previous year's figure. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ignition magneto exports skyrocketed to $X in 2021. Overall, exports saw a perceptible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X units) was the main destination for ignition magneto exports from Croatia, accounting for a 91% share of total exports. Moreover, ignition magneto exports to Austria exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. Italy (X units) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.8% per year) and Italy (-6.8% per year).

In value terms, Austria ($X) remains the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Croatia, comprising 95% of total exports. The second position in the ranking was held by Germany ($X), with a 1.8% share of total exports. It was followed by Italy, with a 1.7% share.

From 2012 to 2021, the average annual growth rate of value to Austria stood at +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.6% per year) and Italy (-9.1% per year).

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2021, growing by 15% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ignition magneto export price increased by +79.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per unit), while the average price for exports to Germany ($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 Estonia (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ignition Magneto Imports

Imports into Croatia

In 2021, overseas purchases of ignition magnetos, magneto-dynamos and magnetic flywheels decreased by -56.4% to X units, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 124%. 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 shrank sharply to $X in 2021. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 44%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of ignition magneto imports to Croatia, together comprising 66% of total imports. These countries were followed by Slovenia, Poland, Austria, Canada, China and the Czech Republic, which together accounted for a further 28%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +507.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Slovenia ($X) were the largest ignition magneto suppliers to Croatia, with a combined 74% share of total imports. Italy, Austria, Canada, Poland, China and the Czech Republic lagged somewhat behind, together accounting for a further 18%.

In terms of the main suppliers, Canada, with a CAGR of +491.0%, recorded the highest rates of growth with regard to the value of imports, 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, growing by 68% against the previous year. Overall, the import price saw a buoyant increase. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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