Thailand: Ignition Coil Market 2025

Ignition Coil Market Size in Thailand

The Thai ignition coil market dropped sharply to $X in 2022, falling by X% against the previous year. In general, consumption saw a deep setback. Ignition coil consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Ignition Coil Production in Thailand

In value terms, ignition coil production stood at $X in 2022 estimated in export price. Overall, production continues to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ignition Coil Exports

Exports from Thailand

For the ninth consecutive year, Thailand recorded growth in shipments abroad of distributors and ignition coils, which increased by X% to X units in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ignition coil exports stood at $X in 2022. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Japan (X units) was the main destination for ignition coil exports from Thailand, with a X% share of total exports. Moreover, ignition coil exports to Japan exceeded the volume sent to the second major destination, Malaysia (X units), sixfold. The third position in this ranking was held by Brazil (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Brazil (X% per year).

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

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

Export Prices by Country

The average ignition coil export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Japan ($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 the United States (X%), while the prices for the other major destinations experienced a decline.

Ignition Coil Imports

Imports into Thailand

In 2022, supplies from abroad of distributors and ignition coils increased by X% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, ignition coil imports rose sharply to $X in 2022. Overall, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Japan (X units) and Indonesia (X units) were the main suppliers of ignition coil imports to Thailand, together comprising X% of total imports. Vietnam and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest ignition coil suppliers to Thailand were Japan ($X), China ($X) and Indonesia ($X), together comprising X% of total imports. Vietnam and India lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ignition coil import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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