Austria - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in Austria - 2023
Contents:
- Spark Plug Price in Austria (FOB) - 2022
- Spark Plug Price in Austria (CIF) - 2022
- Spark Plug Exports in Austria
- Spark Plug Imports in Austria
Spark Plug Price in Austria (FOB) - 2022
In 2022, the average spark plug export price amounted to $0.9 per unit, waning by -54.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 86% against the previous year. As a result, the export price reached the peak level of $3.1 per unit. From 2021 to 2022, the average 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 Russia ($0.9 per unit) and Mexico ($0.9 per unit), while the average price for exports to Italy ($0.9 per unit) and the UK ($0.9 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 Russia (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Spark Plug Price in Austria (CIF) - 2022
In 2022, the average spark plug import price amounted to $3.5 per unit, which is down by -2.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spark plug import price decreased by -9.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $3.9 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($3.5 per unit) and Japan ($3.5 per unit), while the price for Hungary ($3.5 per unit) and France ($3.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Exports in Austria
In 2022, approx. 64M units of sparking plugs were exported from Austria; with an increase of 128% against the year before. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 137% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, spark plug exports expanded to $60M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Spark Plug in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.3 | 23.9 | 39.6 | 37.4 | 29.3% |
| Italy | 6.6 | 4.0 | 6.6 | 7.1 | 2.5% |
| Russia | 0.2 | 0.7 | 0.6 | 5.0 | 192.4% |
| Mexico | 0.9 | 0.8 | 1.3 | 1.4 | 15.9% |
| United States | 0.7 | 0.8 | 0.9 | 1.0 | 12.6% |
| United Arab Emirates | 1.3 | 2.4 | 2.8 | 0.2 | -46.4% |
| Others | 4.4 | 4.1 | 6.0 | 7.4 | 18.9% |
| Total | 31.3 | 36.7 | 57.9 | 59.5 | 23.9% |
Top Export Markets for Spark Plug from Austria in 2022:
- Germany (40.1M units)
- Italy (7.6M units)
- Russia (5.4M units)
- Mexico (1.5M units)
- United States (1.1M units)
- United Arab Emirates (0.1M units)
Spark Plug Imports in Austria
In 2022, approx. 9.3M units of sparking plugs were imported into Austria; increasing by 7.6% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, spark plug imports amounted to $33M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Spark Plug in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.2 | 10.9 | 12.7 | 19.9 | 21.1% |
| France | 5.1 | 4.7 | 7.0 | 7.1 | 11.7% |
| Japan | 4.9 | 5.1 | 7.4 | 0.9 | -43.2% |
| Netherlands | 1.0 | 1.0 | 0.2 | 0.8 | -7.2% |
| Poland | 0.2 | 1.0 | 0.7 | 0.8 | 58.7% |
| Hungary | N/A | N/A | N/A | 0.8 | 0% |
| Belgium | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Mexico | 1.2 | 1.6 | 1.5 | N/A | 11.8% |
| Others | 1.4 | 1.9 | 2.0 | 2.0 | 12.6% |
| Total | 25.1 | 26.2 | 31.5 | 33.0 | 9.6% |
Top Suppliers of Spark Plug to Austria in 2022:
- Mexico (undefinedM units)
- Germany (5.6M units)
- France (2.0M units)
- Japan (0.3M units)
- Netherlands (0.2M units)
- Poland (0.2M units)
- Belgium (0.2M units)
- Hungary (0.2M units)
This report provides an in-depth analysis of the spark plug market in Austria. 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:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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
-
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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