Luxembourg: Ignition Magneto Market 2025

Ignition Magneto Market Size in Luxembourg

In 2021, the Luxembourg ignition magneto market decreased by -1.5% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Ignition magneto consumption peaked at $X in 2020, and then contracted modestly in the following year.

Ignition Magneto Production in Luxembourg

In value terms, ignition magneto production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 33% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then reduced slightly in the following year.

Ignition Magneto Exports

Exports from Luxembourg

In 2021, shipments abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 174% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of 759%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, ignition magneto exports soared to $X in 2021. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 470%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for ignition magneto exports from Luxembourg, with a 61% share of total exports. Moreover, ignition magneto exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. Romania (X units) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+14.6% per year) and Romania (+81.7% per year).

In value terms, Belgium ($X) emerged as the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Luxembourg, comprising 63% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total exports. It was followed by Romania, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium totaled +35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+26.1% per year) and Romania (+123.1% per year).

Export Prices by Country

In 2021, the average ignition magneto export price amounted to $X per unit, which is down by -34.6% against the previous year. In general, the export price, however, saw a prominent expansion. The growth pace was the most rapid in 2018 an increase of 297%. The export price peaked at $X per unit in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to France ($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 Romania (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into Luxembourg

In 2021, supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 137% to X units, rising for the second year in a row after three years of decline. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, ignition magneto imports soared to $X in 2021. In general, imports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2016 with an increase of 42%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X units) constituted the largest supplier of ignition magneto to Luxembourg, accounting for a 82% share of total imports. Moreover, ignition magneto imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sevenfold. The third position in this ranking was taken by France (X units), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.1% per year) and France (+14.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Luxembourg, comprising 72% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by France, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.8% per year) and France (+11.6% per year).

Import Prices by Country

In 2021, the average ignition magneto import price amounted to $X per unit, dropping by -41.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 62% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 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 France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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