Spain: Ignition Coil Market 2025

Ignition Coil Market Size in Spain

In 2022, the Spanish ignition coil market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Ignition Coil Production in Spain

In value terms, ignition coil production declined rapidly to $X in 2022 estimated in export price. Overall, production showed a deep slump. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ignition Coil Exports

Exports from Spain

For the third consecutive year, Spain recorded decline in shipments abroad of distributors and ignition coils, which decreased by X% to X units in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ignition coil exports stood at $X in 2022. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for ignition coil exports from Spain, accounting for a X% share of total exports. Moreover, ignition coil exports to France exceeded the volume sent to the second major destination, Portugal (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Germany (X% per year).

In value terms, France ($X) remains the key foreign market for distributors and ignition coils exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Portugal ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average ignition coil export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. Over the period under review, the average export prices attained the peak figure 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 the UK ($X per unit) and Portugal ($X per unit), while the average price for exports to Hungary ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced a decline.

Ignition Coil Imports

Imports into Spain

Ignition coil imports into Spain shrank markedly to X units in 2022, declining by X% on the year before. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ignition coil imports shrank modestly to $X in 2022. Overall, imports showed a mild decrease. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X units), Portugal (X units) and Germany (X units) were the main suppliers of ignition coil imports to Spain, together comprising X% of total imports. China, Poland, Italy, the United States, France, Hungary and Slovenia lagged somewhat behind, together comprising a further X%.

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

In value terms, Turkey ($X), Portugal ($X) and Germany ($X) constituted the largest ignition coil suppliers to Spain, with a combined X% share of total imports. China, Italy, Poland, the United States, France, Hungary and Slovenia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average ignition coil import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and France ($X per unit), while the price for Poland ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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