Denmark: Ignition Magneto Market 2025

Ignition Magneto Market Size in Denmark

The Danish ignition magneto market declined sharply to $X in 2021, with a decrease of -20.7% against the previous year. In general, consumption continues to indicate a abrupt setback. Ignition magneto consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ignition Magneto Production in Denmark

In value terms, ignition magneto production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by 68%. Ignition magneto production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ignition Magneto Exports

Exports from Denmark

In 2021, after two years of decline, there was significant growth in shipments abroad of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume increased by 11,657% to X units. Overall, exports posted significant growth. 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. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for ignition magneto exports from Denmark, accounting for a 43% share of total exports. Moreover, ignition magneto exports to Germany exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +255.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and the United States (+124.3% per year).

In value terms, Germany ($X) emerged as the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Denmark, comprising 39% of total exports. The second position in the ranking was taken by India ($X), with a 15% share of total exports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +330.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (0.0% per year) and Italy (+620.9% per year).

Export Prices by Country

In 2021, the average ignition magneto export price amounted to $X per unit, falling by -67.4% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 660%. The export price peaked at $X per unit in 2020, and then declined remarkably in the following year.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Italy ($X per unit) and Hungary ($X per unit), while the average price for exports to the UK ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into Denmark

In 2021, purchases abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 206% to X units, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a measured expansion. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, ignition magneto imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a mild contraction. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest ignition magneto supplier to Denmark, with a 68% share of total imports. Moreover, ignition magneto imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. Belgium (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +55.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and Belgium (-0.2% per year).

In value terms, China ($X), India ($X) and Sweden ($X) constituted the largest ignition magneto suppliers to Denmark, together accounting for 64% of total imports.

China, with a CAGR of +49.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ignition magneto import price stood at $X per unit in 2021, declining by -20.7% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 305% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+37.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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