New Zealand: Ignition Magneto Market 2025

Ignition Magneto Market Size in New Zealand

In 2021, after two years of decline, there was significant growth in the New Zealand ignition magneto market, when its value increased by 8.6% to $X. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Ignition Magneto Production in New Zealand

In value terms, ignition magneto production totaled $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 19%. Ignition magneto production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Ignition Magneto Exports

Exports from New Zealand

In 2021, approx. X units of ignition magnetos, magneto-dynamos and magnetic flywheels were exported from New Zealand; jumping by 47% on the previous year's figure. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 4,946%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, ignition magneto exports rose sharply to $X in 2021. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 4,025%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for ignition magneto exports from New Zealand, accounting for a 36% share of total exports. Moreover, ignition magneto exports to the United States exceeded the volume sent to the second major destination, Tonga (X units), threefold. The third position in this ranking was taken by Singapore (X units), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +89.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tonga (+92.1% per year) and Singapore (+85.1% per year).

In value terms, the United States ($X) remains the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from New Zealand, comprising 41% of total exports. The second position in the ranking was held by Japan ($X), with an 11% share of total exports. It was followed by Singapore, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +115.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (0.0% per year) and Singapore (+119.2% per year).

Export Prices by Country

The average ignition magneto export price stood at $X per unit in 2021, waning by -24.4% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then declined remarkably in the following year.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per unit), while the average price for exports to New Caledonia ($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 Australia (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into New Zealand

In 2021, supplies from abroad of ignition magnetos, magneto-dynamos and magnetic flywheels decreased by -5.6% to X units, falling for the third year in a row after seven years of growth. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 77%. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, ignition magneto imports expanded rapidly to $X in 2021. In general, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 73%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of ignition magneto to New Zealand, with a 20% share of total imports. Moreover, ignition magneto imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Croatia (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.4% per year) and Croatia (+43.9% per year).

In value terms, the United States ($X) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to New Zealand, comprising 18% of total imports. The second position in the ranking was held by Germany ($X), with a 5% share of total imports. It was followed by Croatia, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.9% per year) and Croatia (+30.1% per year).

Import Prices by Country

In 2021, the average ignition magneto import price amounted to $X per unit, surging by 18% against the previous year. Overall, the import price, however, faced a abrupt contraction. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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