U.S.: Ignition Magneto Market 2025

Ignition Magneto Market Size in the U.S.

In 2021, the U.S. ignition magneto market was finally on the rise to reach $X after eight years of decline. Overall, consumption, however, saw a abrupt downturn. Ignition magneto consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ignition Magneto Production in the U.S.

In value terms, ignition magneto production expanded to $X in 2021. Over the period under review, production, however, showed a abrupt downturn. Ignition magneto production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ignition Magneto Exports

Exports from the U.S.

After five years of decline, shipments abroad of ignition magnetos, magneto-dynamos and magnetic flywheels increased by 4.3% to X units in 2021. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 37%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, ignition magneto exports rose rapidly to $X in 2021. In general, exports, however, saw a mild decrease. The growth pace was the most rapid in 2016 when exports increased by 30%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for ignition magneto exports from the United States, accounting for a 28% share of total exports. Moreover, ignition magneto exports to Australia exceeded the volume sent to the second major destination, Switzerland (X units), twofold. Brazil (X units) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Australia stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+66.9% per year) and Brazil (+9.6% per year).

In value terms, the largest markets for ignition magneto exported from the United States were Canada ($X), China ($X) and Australia ($X), together comprising 36% of total exports. These countries were followed by Mexico, Brazil, Singapore, Argentina, France, Japan, Switzerland, Belgium, Hong Kong SAR and New Zealand, which together accounted for a further 19%.

In terms of the main countries of destination, Switzerland, with a CAGR of +51.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ignition magneto export price amounted to $X per unit, with an increase of 3.9% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 65%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the average price for exports to Switzerland ($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 Canada (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ignition Magneto Imports

Imports into the U.S.

In 2021, imports of ignition magnetos, magneto-dynamos and magnetic flywheels into the United States soared to X units, increasing by 123% compared with 2020. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ignition magneto imports surged to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Sweden (X units) were the main suppliers of ignition magneto imports to the United States, together accounting for 84% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +76.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Sweden ($X) were the largest ignition magneto suppliers to the United States, together accounting for 80% of total imports.

Sweden, with a CAGR of +62.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ignition magneto import price stood at $X per unit in 2021, shrinking by -29.7% against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2018 when the average import price increased by 32%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+18.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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