Serbia - Distributors And Ignition Coils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Coil Price in Serbia - 2023
Contents:
- Ignition Coil Price in Serbia (CIF) - 2022
- Ignition Coil Price in Serbia (FOB) - 2022
- Ignition Coil Imports in Serbia
- Ignition Coil Exports in Serbia
Ignition Coil Price in Serbia (CIF) - 2022
The average ignition coil import price stood at $11 per unit in 2022, dropping by -4.3% against the previous year. In general, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $17 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($11 per unit) and Bulgaria ($11 per unit), while the price for the UK ($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 Bulgaria (-4.2%), while the prices for the other major suppliers experienced a decline.
Ignition Coil Price in Serbia (FOB) - 2022
The average ignition coil export price stood at $9.1 per unit in 2022, falling by -14.7% against the previous year. Overall, the export price showed a mild slump. The pace of growth appeared the most rapid in 2018 an increase of 94%. Over the period under review, the average export prices hit record highs at $11 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 North Macedonia ($9.1 per unit) and Albania ($9.1 per unit), while the average price for exports to Bosnia and Herzegovina ($9.1 per unit) and Montenegro ($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 Denmark (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ignition Coil Imports in Serbia
After three years of growth, purchases abroad of distributors and ignition coils decreased by -3% to 116K units in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 119K units, and then fell slightly in the following year.
In value terms, ignition coil imports contracted to $1.3M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 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 when imports increased by 29%. As a result, imports attained the peak of $1.3M, and then declined in the following year.
Import of Ignition Coil in Serbia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 463 | 528 | 661 | 607 | 9.4% |
Turkey | 104 | 85.1 | 125 | 137 | 9.6% |
Italy | 76.8 | 73.8 | 150 | 111 | 13.1% |
Slovenia | 70.3 | 72.8 | 89.0 | 98.4 | 11.9% |
United States | 19.4 | 33.6 | 30.5 | 52.9 | 39.7% |
Germany | 57.5 | 60.8 | 62.6 | 39.5 | -11.8% |
Poland | 21.5 | 14.1 | 11.6 | 35.4 | 18.1% |
Bulgaria | 0.2 | 8.4 | 36.3 | 24.3 | 395.3% |
South Korea | 53.2 | 45.6 | 26.6 | 20.6 | -27.1% |
Brazil | 1.4 | 4.8 | 9.3 | 20.5 | 144.6% |
Taiwan (Chinese) | 24.0 | N/A | 20.8 | 19.8 | -6.2% |
France | 57.1 | 20.2 | 24.1 | 12.4 | -39.9% |
Portugal | 24.0 | 22.6 | 20.6 | 10.6 | -23.8% |
Others | 67.9 | 73.4 | 81.4 | 63.7 | -2.1% |
Total | 1,040 | 1,043 | 1,349 | 1,252 | 6.4% |
Top Suppliers of Ignition Coil to Serbia in 2022:
- China (56.0K units)
- Turkey (12.6K units)
- Italy (10.2K units)
- Slovenia (9.1K units)
- United States (4.9K units)
- Germany (3.6K units)
- Poland (3.3K units)
- Bulgaria (2.2K units)
- Brazil (1.9K units)
- South Korea (1.9K units)
- Taiwan (Chinese) (1.8K units)
- France (1.1K units)
- Portugal (1.0K units)
Ignition Coil Exports in Serbia
In 2022, ignition coil exports from Serbia was estimated at 6.8K units, picking up by 13% against 2021. Over the period under review, exports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 69%. Over the period under review, the exports hit record highs at 7.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ignition coil exports reduced to $62K in 2022. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 64%. Over the period under review, the exports hit record highs at $79K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Ignition Coil in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | N/A | 2.3 | N/A | 14.2 | 148.5% |
Italy | N/A | N/A | 0.1 | 8.6 | 8500.0% |
Albania | 6.8 | 6.4 | 9.4 | 8.4 | 7.3% |
Montenegro | 18.7 | 7.4 | 12.1 | 8.3 | -23.7% |
North Macedonia | 2.9 | 3.1 | 6.8 | 7.3 | 36.0% |
Bosnia and Herzegovina | 9.0 | 7.8 | 7.9 | 7.1 | -7.6% |
Russia | 4.1 | 5.1 | N/A | 5.7 | 11.6% |
Slovakia | 30.0 | N/A | N/A | N/A | 0% |
Others | 7.0 | 7.2 | 28.1 | 2.3 | -31.0% |
Total | 78.5 | 39.3 | 64.4 | 62.0 | -7.6% |
Top Export Markets for Ignition Coil from Serbia in 2022:
- Nigeria (1571.0 units)
- Italy (947.0 units)
- Albania (922.0 units)
- Montenegro (912.0 units)
- North Macedonia (810.0 units)
- Bosnia and Herzegovina (788.0 units)
- Russia (633.0 units)
This report provides an in-depth analysis of the ignition coil market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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