CIS: Lamp Holder Market 2024

Lamp Holder Market Size in CIS

The CIS lamp holder market shrank to $X in 2022, falling by -11.5% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2021, and then shrank in the following year.

Lamp Holder Production in CIS

In value terms, lamp holder production dropped modestly to $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 71%. The level of production peaked at $X in 2018; afterwards, it flattened through to 2022.

Lamp Holder Exports

Exports in CIS

In 2022, after three years of growth, there was decline in overseas shipments of lamp holders, plugs and sockets, when their volume decreased by -4.5% to X tons. Total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 53% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, lamp holder exports expanded significantly to $X in 2022. Total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +114.0% against 2015 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the two major exporters of lamp holders, plugs and sockets, namely Belarus and Russia, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia (with a CAGR of +6.1%).

In value terms, the largest lamp holder supplying countries in the CIS were Russia ($X) and Belarus ($X).

In terms of the main exporting countries, Russia, with a CAGR of +6.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, growing by 12% against the previous year. Export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamp holder export price increased by +38.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by 25% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+1.2%).

Lamp Holder Imports

Imports in CIS

In 2022, overseas purchases of lamp holders, plugs and sockets decreased by -13.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, lamp holder imports declined to $X in 2022. Overall, imports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2017 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Russia dominates imports structure, finishing at X tons, which was near 74% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), generating an 8.9% share of total imports. Belarus (X tons), Uzbekistan (X tons), Moldova (X tons), Kyrgyzstan (X tons) and Azerbaijan (X tons) took a little share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of lamp holders, plugs and sockets. At the same time, Uzbekistan (+15.6%), Moldova (+11.0%), Belarus (+9.5%) and Kazakhstan (+3.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.6% from 2012-2022. By contrast, Kyrgyzstan (-5.4%) and Azerbaijan (-15.3%) illustrated a downward trend over the same period. Uzbekistan (+4.3 p.p.), Kazakhstan (+2.7 p.p.), Belarus (+2.7 p.p.) and Moldova (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Russia, Kyrgyzstan and Azerbaijan saw its share reduced by -1.7%, -1.7% and -8% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported lamp holders, plugs and sockets in the CIS, comprising 80% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 5.2% share of total imports. It was followed by Belarus, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled +2.8%. In the other countries, the average annual rates were as follows: Kazakhstan (+3.3% per year) and Belarus (+9.2% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, increasing by 6.4% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lamp holder import price increased by +80.0% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by 26%. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+37.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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