# Global Ignition magneto Market 2026

> World exports of ignition magneto (HS 851120) reached $199.1 million in 2024, 5% more than in 2019. China was the largest exporter with 23% of the world total, and the United States was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/ignition-magneto-market/
- Sector: Mobility & Transport
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 199.1 USD million (World exports, 2024)

## What this market covers

Magnetos, magneto-dynamos and flywheels for spark and compression ignition engines.

Segments: Magnetos, Flywheel magnetos, Magneto-dynamos.

Typical buyers: Engine makers, Motorcycle makers, Small engine repairers.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of ignition magneto (HS 851120) were worth $199.1 million in 2024. | 199.1 USD million | 2024 |
| World exports were 5% higher in 2024 than in 2019 ($189.6 million), calculated from the annual totals. | +5 % since 2019 | 2024 |
| China was the largest exporter in 2024, with 23% of world exports ($45.4 million). | 23 % of world exports | 2024 |
| The three largest exporters, China, the United States and Italy, shipped 47% of world exports in 2024. | 47 % of world exports | 2024 |
| The United States was the largest importer in 2024, buying $20.2 million, or 10% of world imports. | 10 % of world imports | 2024 |
| 25 countries exported more than $1 million of this product in 2024. | 25 countries | 2024 |
| The average world export price was about $13.91 per kilogram in 2024, calculated from value and weight. | 13.91 USD per kg | 2024 |
| Countries exported 14.3 thousand tonnes of this product in 2024. | 14.3 thousand tonnes | 2024 |
| Among the ten largest exporters, the United States grew fastest, with exports up 55% from 2019 to 2024. | +55 % since 2019 | 2024 |

## Why this market is moving now

- World trade grew 5% from 2019 to 2024, a direct read on cross-border demand.
- The United States is gaining ground: its exports rose 55% from 2019 to 2024, the fastest among the ten largest exporters.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | China | 45.4 |
| 2 | United States | 30.9 |
| 3 | Italy | 17.8 |
| 4 | India | 13.9 |
| 5 | Cambodia | 10.0 |
| 6 | Japan | 8.5 |
| 7 | Germany | 6.2 |
| 8 | France | 5.9 |
| 9 | Thailand | 5.6 |
| 10 | Czech Republic | 5.3 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | United States | 20.2 |
| 2 | Thailand | 20.2 |
| 3 | Germany | 13.4 |
| 4 | Mexico | 12.1 |
| 5 | Vietnam | 10.3 |
| 6 | Indonesia | 9.3 |
| 7 | Spain | 7.5 |
| 8 | Brazil | 7.4 |
| 9 | Saudi Arabia | 6.3 |
| 10 | Italy | 6.3 |

## World exports of HS 851120, USD million

| Year | Value |
|---|---|
| 2017 | 162.0 |
| 2018 | 187.7 |
| 2019 | 189.6 |
| 2020 | 170.6 |
| 2021 | 227.5 |
| 2022 | 214.5 |
| 2023 | 196.3 |
| 2024 | 199.1 |

## Questions and answers

### How big is the global ignition magneto market?

There is no single official market total. World exports of HS 851120 reached $199.1 million in 2024, a direct measure of cross-border trade.

### Which countries export the most ignition magneto?

China led world exports in 2024 with 23% of the total, followed by the United States, Italy and India.

### Which countries import the most ignition magneto?

The United States was the largest importer in 2024, followed by Thailand, Germany and Mexico.

### Is world trade in ignition magneto growing?

World exports were 5% higher in 2024 than in 2019.

### What is the average export price of ignition magneto?

Dividing world export value by weight gives about $13.91 per kilogram in 2024.

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## How to cite

Stratum Market Research, "Global Ignition magneto Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/ignition-magneto-market/