We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report World - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Global Spark Plug Market 2024

Spark Plug Market Size

The global spark plug market dropped to $X in 2022, waning by -6.5% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Spark Plug Production

In value terms, spark plug production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 6.2% against the previous year. Global production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Spark Plug Exports

Exports

In 2022, shipments abroad of sparking plugs increased by 17% to X units, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, spark plug exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.7% 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 2021 with an increase of 28%. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Japan (X units) and Germany (X units) were the major exporters of sparking plugs in 2022, recording near 25% and 22% of total exports, respectively. The United States (X units) took the next position in the ranking, followed by China (X units). All these countries together took near 25% share of total exports. Thailand (X units), France (X units), Mexico (X units), the Netherlands (X units), Russia (X units) and Austria (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +32.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest spark plug supplying countries worldwide were Japan ($X), Germany ($X) and the United States ($X), with a combined 59% share of global exports. China, Thailand, France, Mexico, the Netherlands, Russia and Austria lagged somewhat behind, together accounting for a further 27%.

Thailand, with a CAGR of +35.8%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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 spark plug export price amounted to $X per unit, which is down by -14.4% against the previous year. In general, the export price, however, continues to indicate a slight increase. The growth pace was the most rapid in 2019 an increase of 14%. The global export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the other global leaders experienced more modest paces of growth.

Spark Plug Imports

Imports

After two years of growth, supplies from abroad of sparking plugs decreased by -2.7% to X units in 2022. The total import volume increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of X units, and then shrank modestly in the following year.

In value terms, spark plug imports dropped to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, the United States (X units) represented the major importer of sparking plugs, making up 47% of total imports. It was distantly followed by Germany (X units), the United Arab Emirates (X units) and China (X units), together generating a 16% share of total imports. The following importers - Mexico (X units), Russia (X units) and India (X units) - together made up 8% of total imports.

Imports into the United States increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, India (+21.0%), China (+5.9%) and Mexico (+2.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +21.0% from 2012-2022. The United Arab Emirates, Russia and Germany experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States, India and China increased by +3.9, +1.9 and +1.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spark plug importing markets worldwide were the United States ($X), Germany ($X) and China ($X), together accounting for 40% of global imports. Mexico, the United Arab Emirates, Russia and India lagged somewhat behind, together accounting for a further 14%.

Among the main importing countries, India, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average spark plug import price stood at $X per unit in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20%. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 53% share of global consumption. These countries were followed by India, Russia, Japan, Indonesia, Mexico, Germany, Turkey and the United Arab Emirates, which together accounted for a further 26%.
The countries with the highest volumes of in 2021 were China, Japan and the United States, together accounting for 59% of global production. These countries were followed by India, Russia, Thailand, Indonesia, Germany, Turkey, Brazil and France, which together accounted for a further 28%.
In value terms, the largest spark plug supplying countries worldwide were Japan, Germany and the United States, with a combined 62% share of global exports. Thailand, China, Mexico and Russia lagged somewhat behind, together comprising a further 19%.
In value terms, the largest spark plug importing markets worldwide were the United States, Germany and China, together accounting for 41% of global imports.
The average spark plug export price stood at $1.4 per unit in 2021, growing by 1.7% against the previous year.
The average spark plug import price stood at $1.1 per unit in 2021, surging by 29% against the previous year.

This report provides an in-depth analysis of the global spark plug market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29312130 - Sparking plugs

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Denso Corporation, NGK Spark Plug Co. Ltd, Federal-Mogul Corporation, Robert Bosch Gmbh, Borgwarner Inc., Weichai Power Co. Ltd, Valeo SA, ACDelco Corporation, Magneti Marelli, NGK Spark Plugs Inc., Wisconsin Oven Corporation, Coronet Parts Mfg. Co., Governors America Corporation, LGM. Ltd., Walsh Manufacturing Corporation, China Sourcing Ltd., Autopart International Inc., Harley-Davidson Inc., Rotary Corp., Jackson Oven Supply Inc., Combustion Service & Equipment Co., Honeywell International, Allied, S & S Truck Parts Inc.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 299

This report provides an in-depth analysis of the spark plug market in Asia.

U.S. - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 395

This report provides an in-depth analysis of the spark plug market in the U.S..

China - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 393

This report provides an in-depth analysis of the spark plug market in China.

EU - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 321

This report provides an in-depth analysis of the spark plug market in the EU.

Free Data: Sparking Plugs - World
Table
Sparking Plugs - World - Table
Dashboard
Sparking Plugs - World - Dashboard
Report
Sparking Plugs - World - Report