In 2023, Japan dominated the global export of spark plugs with a share of 35.22% in US dollars, followed by Germany at 22.42% and the United States at 9.87%. Significant growth was noted in emerging markets such as Russia and Indonesia, with year-on-year increases of 8.92% and 6.15%, respectively. However, mature markets like France and Belgium experienced slight declines.
Future trends to watch:
- Continued growth from emerging markets such as Indonesia and Russia, driven by increasing automotive production.
- The impact of electric vehicle adoption could shift the market dynamics over the coming years.
- Sustained innovation in manufacturing could enhance global competitiveness for traditional leaders like Japan and Germany.
Top countries in Export of Spark Plugs Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 35.22 | 2023 | +2.23% | +1.93% | View data |
| 2 | 2 Germany | 22.42 | 2023 | +2.04% | +2.31% | View data |
| 3 | 3 United States | 9.87 | 2023 | +2.24% | +2.86% | View data |
| 4 | 4 China | 5.25 | 2023 | +2.47% | +4.6% | View data |
| 5 | 5 Mexico | 3.72 | 2023 | -0.77% | +0.031% | View data |
| 6 | 6 France | 3.63 | 2023 | -0.096% | -0.48% | View data |
| 7 | 7 United Arab Emirates | 3.59 | 2023 | +3.05% | +1.71% | View data |
| 8 | 8 Netherlands | 2.89 | 2023 | +3.07% | +3.29% | View data |
| 9 | 9 Russia | 1.9 | 2023 | +3.78% | +8.92% | View data |
| 10 | 10 Thailand | 1.84 | 2023 | +5.27% | +3.85% | View data |
