Czech Republic: Ignition Magneto Market 2025

Ignition Magneto Market Size in the Czech Republic

In 2021, after four years of growth, there was significant decline in the Czech ignition magneto market, when its value decreased by -6.4% to $X. Overall, consumption, however, enjoyed a buoyant expansion. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Ignition Magneto Production in the Czech Republic

In value terms, ignition magneto production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 183%. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Ignition Magneto Exports

Exports from the Czech Republic

In 2021, shipments abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 25% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a pronounced expansion. The growth pace was the most rapid in 2014 with an increase of 47%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, ignition magneto exports surged to $X in 2021. Overall, exports posted a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 50%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for ignition magneto exports from the Czech Republic, accounting for a 81% share of total exports. Moreover, ignition magneto exports to Germany exceeded the volume sent to the second major destination, Spain (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.0% per year) and the United States (+11.9% per year).

In value terms, Germany ($X) remains the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from the Czech Republic, comprising 77% of total exports. The second position in the ranking was taken by Spain ($X), with an 11% share of total exports. It was followed by the United States, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+19.8% per year) and the United States (+30.4% per year).

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2021, rising by 5.7% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 157% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Germany ($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 Russia (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into the Czech Republic

In 2021, approx. X units of ignition magnetos, magneto-dynamos and magnetic flywheels were imported into the Czech Republic; jumping by 33% on 2020 figures. In general, imports showed strong growth. The pace of growth was the most pronounced in 2013 with an increase of 157% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, ignition magneto imports skyrocketed to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 77%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X units), the Netherlands (X units) and Hungary (X units) were the main suppliers of ignition magneto imports to the Czech Republic, together accounting for 68% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +87.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ignition magneto suppliers to the Czech Republic were Poland ($X), Germany ($X) and Hungary ($X), together comprising 65% of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +86.7%, saw the highest growth rate of 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

In 2021, the average ignition magneto import price amounted to $X per unit, reducing by -2.1% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.0% 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 import price increased by +93.5% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then declined in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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