CIS: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in CIS

The CIS market for special-purpose electric lamps and lighting fittings fell sharply to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Special-Purpose Electric Lamps and Lighting Fittings in CIS

In value terms, production of special-purpose electric lamps and lighting fittings stood at $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports in CIS

Exports of special-purpose electric lamps and lighting fittings declined dramatically to X units in 2022, shrinking by X% on the year before. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings declined dramatically to $X in 2022. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Belarus prevails in fittings structure, finishing at X units, which was near X% of total exports in 2022. Kyrgyzstan (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and Kazakhstan (X%).

From 2012 to 2022, average annual rates of growth with regard to special-purpose electric lamp and lighting fitting exports from Belarus stood at X%. At the same time, Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.), Kyrgyzstan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Belarus ($X) emerged as the largest special-purpose electric lamp and lighting fitting supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Belarus was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price showed a pronounced decline. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

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 ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports in CIS

Imports of special-purpose electric lamps and lighting fittings shrank rapidly to X units in 2022, waning by X% compared with 2021. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of special-purpose electric lamps and lighting fittings reduced remarkably to $X in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Kazakhstan represented the largest importer of special-purpose electric lamps and lighting fittings in the CIS, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Belarus (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%), Tajikistan (X%) and Azerbaijan (X%). The following importers - Moldova (X units) and Armenia (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Tajikistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest special-purpose electric lamp and lighting fitting importing markets in the CIS were Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X), with a combined X% share of total imports. Azerbaijan, Moldova, Tajikistan and Armenia lagged somewhat behind, together comprising a further X%.

Tajikistan, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :