Japan: Spark Plug Market 2025

Spark Plug Market Size in Japan

The Japanese spark plug market soared to $X in 2022, picking up by 27% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Spark plug consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Spark Plug Production in Japan

In value terms, spark plug production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 5.6%. Spark plug production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Spark Plug Exports

Exports from Japan

In 2022, the amount of sparking plugs exported from Japan shrank modestly to X units, declining by -3.8% compared with 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 26%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, spark plug exports declined to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports reached the peak of $X, and then fell slightly in the following year.

Exports by Country

The United States (X units), Germany (X units) and China (X units) were the main destinations of spark plug exports from Japan, with a combined 66% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +6.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) constituted the largest markets for spark plug exported from Japan worldwide, together comprising 62% of total exports.

In terms of the main countries of destination, China, with a CAGR of +6.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spark plug export price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 9.4% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Spark Plug Imports

Imports into Japan

In 2022, the amount of sparking plugs imported into Japan soared to X units, jumping by 24% on the year before. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, spark plug imports soared to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), Indonesia (X units) and the United States (X units) were the main suppliers of spark plug imports to Japan, together accounting for 69% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +113.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Indonesia ($X) and the United States ($X) appeared to be the largest spark plug suppliers to Japan, with a combined 69% share of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +125.0%, recorded 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 2022, the average spark plug import price amounted to $X per unit, picking up by 2.9% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spark plug import price increased by +60.7% against 2013 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and the United States ($X per unit), while the price for South Korea ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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