Luxembourg: Spark Plug Market 2025

Spark Plug Market Size in Luxembourg

The Luxembourg spark plug market dropped sharply to $X in 2022, waning by -29.3% against the previous year. Overall, consumption, however, posted mild growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Spark Plug Production in Luxembourg

In value terms, spark plug production expanded to $X in 2022 estimated in export price. Over the period under review, production posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 199%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Spark Plug Exports

Exports from Luxembourg

In 2022, overseas shipments of sparking plugs increased by 79% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 723% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, spark plug exports rose modestly to $X in 2022. In general, exports recorded resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 723% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units) was the main destination for spark plug exports from Luxembourg, accounting for a 60% share of total exports. Moreover, spark plug exports to Belgium exceeded the volume sent to the second major destination, France (X units), threefold. Armenia (X units) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled +61.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.4% per year) and Armenia (0.0% per year).

In value terms, Belgium ($X) remains the key foreign market for sparking plugs exports from Luxembourg, comprising 58% of total exports. The second position in the ranking was held by France ($X), with a 22% share of total exports. It was followed by Nigeria, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.2% per year) and Nigeria (+50.5% per year).

Export Prices by Country

In 2022, the average spark plug export price amounted to $X per unit, reducing by -41.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. The export price peaked 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to France ($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 Nigeria (+10.6%), while the prices for the other major destinations experienced a decline.

Spark Plug Imports

Imports into Luxembourg

In 2022, purchases abroad of sparking plugs increased by 56% to X units, rising for the fourth year in a row after two years of decline. Overall, imports, however, saw a noticeable slump. The growth pace was the most rapid in 2019 with an increase of 83% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, spark plug imports contracted to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 48% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest spark plug supplier to Luxembourg, with a 49% share of total imports. Moreover, spark plug imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was taken by France (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.6% per year) and France (+14.2% per year).

In value terms, Germany ($X) constituted the largest supplier of sparking plugs to Luxembourg, comprising 49% of total imports. The second position in the ranking was held by Belgium ($X), with an 18% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.7% per year) and France (+19.7% per year).

Import Prices by Country

The average spark plug import price stood at $X per unit in 2022, shrinking by -42% against the previous year. Over the period under review, the import price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 241% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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