As I see it, there are multiple factors at work here regarding the price of glow plugs. Inflation affects everything so the price of the necessary materials will show up in the cost of a glow plug. How much of a factor is it? I have no idea since I do not know how much of those metals are needed for a glow plug.
With battery technology improving, many are going that route. I can see why. Although nothing is without problems, the electrics have advantages. At least, to some of us. I have enough engines and glow plugs to last me (I hope) so I will continue using them. Maybe one day I will be forced to go electric due to unavailability of fuel components and engine parts.
Glow engines are still available, if you get lucky in a web search or an estate sale. I found a few that way. If they are not being made anymore, better get them while you can.
The one factor that, in my opinion, is driving this is that our hobby is soon to be on the endangered species list, if not already. There are not as many of us in this hobby, and I am not seeing enough newbies to replace those who have left us.
Who is making glow engines these days? Dub Jett can do it, if you want one. Stalker? I do not think they are able to produce any, along with those who made the Brodak 40. OS, Enya, etc? If nobody is producing engines, and with the shift to electric, I do not see any profit in making and selling glow plugs for model aircraft engines.