Benelux: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Benelux

After three years of decline, the Benelux tungsten halogen lamp market increased by 35% to $X in 2021. Over the period under review, consumption, however, saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in Benelux

In value terms, tungsten halogen lamp production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Tungsten Halogen Lamp Exports

Exports in Benelux

After six years of decline, shipments abroad of tungsten halogen lamps increased by 28% to X units in 2021. In general, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports surged to $X in 2021. Overall, exports, however, saw a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X units) and Belgium (X units) represented the main exporters of tungsten halogen lamps in Benelux, together making up 82% of total exports. It was distantly followed by Luxembourg (X units), constituting an 18% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +10.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the Netherlands ($X) remains the largest tungsten halogen lamp supplier in Benelux, comprising 57% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at -7.4%. In the other countries, the average annual rates were as follows: Belgium (-15.4% per year) and Luxembourg (+9.3% per year).

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, leveling off at the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 19% against the previous year. The level of export peaked at $X per unit in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the other leaders experienced a decline in the export price figures.

Tungsten Halogen Lamp Imports

Imports in Benelux

Tungsten halogen lamp imports shrank to X units in 2021, with a decrease of -8% against the year before. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 23%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, tungsten halogen lamp imports stood at $X in 2021. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of 3.4%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X units) and the Netherlands (X units) represented roughly 89% of total imports in 2021. It was distantly followed by Luxembourg (X units), comprising an 11% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Luxembourg (with a CAGR of +8.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2021.

Luxembourg, with a CAGR of +9.6%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, rising by 9.6% against the previous year. Import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tungsten halogen lamp import price increased by +74.4% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 63% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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