CIS: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in CIS

In 2021, the CIS fluorescent discharge lamps market increased by 12% to $X for the first time since 2013, thus ending a seven-year declining trend. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Fluorescent Discharge Lamps Production in CIS

In value terms, fluorescent discharge lamps production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt descent. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports in CIS

In 2021, approx. X units of fluorescent discharge lamps were exported in the CIS; increasing by 33% on the previous year's figure. The total export volume increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fluorescent discharge lamps exports expanded remarkably to $X in 2021. Overall, exports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2019 with an increase of 56%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Russia (X units) represented the main exporter of fluorescent discharge lamps in the CIS, comprising 98% of total export.

Russia was also the fastest-growing in terms of the fluorescent discharge lamps exports, with a CAGR of +4.0% from 2012 to 2021. While the share of Russia (+16 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest fluorescent discharge lamps supplier in the CIS.

From 2012 to 2021, the average annual growth rate of value in Russia was relatively modest.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, falling by -19.1% against the previous year. Overall, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the export price increased by 28%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -3.6% per year.

Fluorescent Discharge Lamps Imports

Imports in CIS

In 2021, supplies from abroad of fluorescent discharge lamps increased by 0.1% to X units for the first time since 2013, thus ending a seven-year declining trend. Overall, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 4%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, fluorescent discharge lamps imports expanded significantly to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Russia represented the major importing country with an import of about X units, which finished at 76% of total imports. Belarus (X units) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (5.6%). Azerbaijan (X units) took a relatively small share of total imports.

Imports into Russia decreased at an average annual rate of -19.3% from 2012 to 2021. At the same time, Azerbaijan (+24.2%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +24.2% from 2012-2021. By contrast, Belarus (-3.8%) and Kazakhstan (-13.4%) illustrated a downward trend over the same period. While the share of Belarus (+10 p.p.), Azerbaijan (+2 p.p.) and Kazakhstan (+2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-15 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported fluorescent discharge lamps in the CIS, comprising 82% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an 8.6% share of total imports. It was followed by Belarus, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value in Russia stood at -15.7%. In the other countries, the average annual rates were as follows: Kazakhstan (-11.7% per year) and Belarus (-18.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, with an increase of 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 when the import price increased by 15%. Over the period under review, import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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