Lithuania: Ignition Coil Market 2025

Ignition Coil Market Size in Lithuania

The Lithuanian ignition coil market fell to $X in 2022, waning by X% against the previous year. In general, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ignition Coil Production in Lithuania

In value terms, ignition coil production declined to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Ignition coil production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ignition Coil Exports

Exports from Lithuania

In 2022, the amount of distributors and ignition coils exported from Lithuania surged to X units, with an increase of X% on the previous year's figure. In general, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, ignition coil exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units), the United Arab Emirates (X units) and Germany (X units) were the main destinations of ignition coil exports from Lithuania, together accounting for X% of total exports.

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

In value terms, Kazakhstan ($X), the United Arab Emirates ($X) and Germany ($X) appeared to be the largest markets for ignition coil exported from Lithuania worldwide, together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of 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 coil export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per unit) and Poland ($X per unit), while the average price for exports to Slovakia ($X per unit) and Germany ($X per unit) were 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 (X%), while the prices for the other major destinations experienced a decline.

Ignition Coil Imports

Imports into Lithuania

In 2022, purchases abroad of distributors and ignition coils increased by X% to X units, rising for the second consecutive year after three years of decline. In general, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, ignition coil imports reached $X in 2022. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X units), Germany (X units) and Italy (X units) were the main suppliers of ignition coil imports to Lithuania, with a combined X% share of total imports. Finland, Sweden, China and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) appeared to be the largest ignition coil suppliers to Lithuania, with a combined X% share of total imports. Finland, Sweden, China and the Netherlands lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average ignition coil import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per unit) and the Netherlands ($X per unit), while the price for China ($X per unit) and Sweden ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform