Turkey - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Turkey - 2023
Contents:
- Ignition Coil Price in Turkey (FOB) - 2022
- Ignition Coil Price in Turkey (CIF) - 2022
- Ignition Coil Exports in Turkey
- Ignition Coil Imports in Turkey
Ignition Coil Price in Turkey (FOB) - 2022
The average ignition coil export price stood at $9.1 per unit in 2022, picking up by 26% against the previous year. In general, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $11 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($9.1 per unit) and Austria ($9.1 per unit), while the average price for exports to Hungary ($9.1 per unit) and the UK ($9.1 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 Mexico (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Ignition Coil Price in Turkey (CIF) - 2022
In 2022, the average ignition coil import price amounted to $11 per unit, growing by 9.6% against the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 9.9% against the previous year. Over the period under review, average import prices reached the peak figure at $17 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($11 per unit) and Japan ($11 per unit), while the price for Italy ($11 per unit) and Germany ($11 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-4.2%), while the prices for the other major suppliers experienced a decline.
Ignition Coil Exports in Turkey
In 2022, approx. 17M units of distributors and ignition coils were exported from Turkey; waning by -17.9% on 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 89%. As a result, the exports reached the peak of 21M units, and then reduced notably in the following year.
In value terms, ignition coil exports reached $156M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Ignition Coil in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 39.4 | 44.2 | 54.5 | 51.0 | 9.0% |
Germany | 20.1 | 16.9 | 23.9 | 23.4 | 5.2% |
Austria | 11.9 | 11.1 | 14.7 | 19.7 | 18.3% |
Hungary | 24.3 | 18.8 | 18.2 | 15.2 | -14.5% |
United States | 1.3 | N/A | 5.1 | 14.3 | 122.4% |
United Kingdom | 11.0 | 8.6 | 10.8 | 9.0 | -6.5% |
Spain | 13.5 | 6.0 | 6.3 | 7.0 | -19.7% |
Czech Republic | 6.7 | 5.9 | 6.6 | 5.5 | -6.4% |
Others | 15.3 | 9.2 | 9.8 | 10.7 | -11.2% |
Total | 143 | 121 | 150 | 156 | 2.9% |
Top Export Markets for Ignition Coil from Turkey in 2022:
- Italy (5.6M units)
- Germany (2.6M units)
- Austria (2.2M units)
- Hungary (1.7M units)
- United States (1.6M units)
- United Kingdom (1.0M units)
- Spain (0.8M units)
- Czech Republic (0.6M units)
Ignition Coil Imports in Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of distributors and ignition coils, when their volume decreased by -6.6% to 1.8M units. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, imports attained the maximum at 2M units in 2021, and then shrank in the following year.
In value terms, ignition coil imports rose modestly to $20M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Ignition Coil in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 11.2 | 11.2 | 12.2 | 29.6% |
Germany | 0.9 | 1.4 | 1.5 | 1.3 | 13.0% |
Italy | 0.5 | 0.5 | 0.4 | 1.2 | 33.9% |
Slovenia | 0.6 | 0.9 | 1.0 | 1.2 | 26.0% |
Portugal | 0.9 | 0.9 | 0.8 | 0.6 | -12.6% |
Romania | N/A | 0.3 | 0.4 | 0.5 | 29.1% |
India | 1.3 | 1.1 | 0.9 | 0.5 | -27.3% |
South Korea | 0.2 | 0.6 | 0.7 | 0.5 | 35.7% |
United States | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
Japan | 0.9 | 1.1 | 1.0 | 0.3 | -30.7% |
France | 0.7 | 0.6 | 0.2 | 0.2 | -34.1% |
Others | 0.7 | 0.8 | 1.0 | 0.8 | 4.6% |
Total | 12.7 | 19.7 | 19.3 | 19.8 | 16.0% |
Top Suppliers of Ignition Coil to Turkey in 2022:
- China (1128.3K units)
- Germany (123.7K units)
- Italy (113.7K units)
- Slovenia (109.3K units)
- Portugal (54.6K units)
- India (45.8K units)
- Romania (44.0K units)
- South Korea (42.3K units)
- United States (35.2K units)
- Japan (31.4K units)
- France (18.1K units)
This report provides an in-depth analysis of the ignition coil market in Turkey. 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 29312170 - Distributors and ignition coils
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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