Global Inflator System Airbag Market 2025

Inflator System Airbag Market Size

The global inflator system airbag market reached $X in 2022, stabilizing at the previous year. Overall, consumption continues to indicate a prominent increase. Over the period under review, the global market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Inflator System Airbag Production

In value terms, inflator system airbag production totaled $X in 2022 estimated in export price. In general, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 27% against the previous year. Over the period under review, global production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Inflator System Airbag Exports

Exports

In 2022, shipments abroad of airbags with inflator system and parts thereof was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 16% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, inflator system airbag exports reached $X in 2022. The total export value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 12% against the previous year. The global exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons), China (X tons), Romania (X tons), Poland (X tons) and Germany (X tons) represented roughly 55% of total exports in 2022. Hungary (X tons) ranks next in terms of the total exports with a 5.2% share, followed by Thailand (5.1%) and Japan (4.7%). The following exporters - Vietnam (X tons), Portugal (X tons), South Korea (X tons), the United States (X tons) and France (X tons) - together made up 16% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +95.8%), while the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 41% of global exports. China, Poland, Romania, Hungary, Thailand, Vietnam, Japan, France, Portugal and South Korea lagged somewhat behind, together comprising a further 46%.

Among the main exporting countries, Hungary, with a CAGR of +83.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average inflator system airbag export price amounted to $X per ton, with a decrease of -4.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 9.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.2%), while the other global leaders experienced more modest paces of growth.

Inflator System Airbag Imports

Imports

In 2022, supplies from abroad of airbags with inflator system and parts thereof increased by 3.5% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.9% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 11% against the previous year. Over the period under review, global imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, inflator system airbag imports stood at $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 11% against the previous year. Over the period under review, global imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Mexico (X tons), Poland (X tons), Germany (X tons), Japan (X tons), China (X tons), South Korea (X tons), Hungary (X tons) and the United States (X tons) represented roughly 61% of total imports in 2022. The following importers - Spain (X tons), Romania (X tons), Canada (X tons), the Czech Republic (X tons) and Brazil (X tons) - each accounted for a 15% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +42.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest inflator system airbag importing markets worldwide were the United States ($X), Mexico ($X) and Germany ($X), with a combined 40% share of global imports. Japan, Poland, China, South Korea, Hungary, Canada, Brazil, the Czech Republic, Spain and Romania lagged somewhat behind, together accounting for a further 38%.

Hungary, with a CAGR of +32.0%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average inflator system airbag import price amounted to $X per ton, dropping by -1.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 14%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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