Eastern Europe: Market for Ballasts For Discharge Lamps Or Tubes 2024

Market Size for Ballasts For Discharge Lamps Or Tubes in Eastern Europe

In 2022, the East European ballast for discharge lamp market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption faced a precipitous descent. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in Eastern Europe

In value terms, ballast for discharge lamp production declined markedly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports in Eastern Europe

In 2022, overseas shipments of ballasts for discharge lamps or tubes decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports reduced dramatically to $X in 2022. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Bulgaria (X units), comprising a X% share of total exports. The following exporters - Hungary (X units) and Moldova (X units) - each accounted for a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ballast for discharge lamp exports from Poland stood at X%. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%) and Bulgaria (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Moldova (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bulgaria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest ballast for discharge lamp supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, ballast for discharge lamp exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood 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 Hungary ($X per unit), while Moldova ($X per unit) was amongst the lowest.

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

Imports of Ballasts For Discharge Lamps Or Tubes

Imports in Eastern Europe

In 2022, overseas purchases of ballasts for discharge lamps or tubes decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded pronounced growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then declined in the following year.

In value terms, ballast for discharge lamp imports fell to $X in 2022. In general, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Poland dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. The following importers - Russia (X units) and the Czech Republic (X units) - each amounted to a X% share of total imports.

Poland was also the fastest-growing in terms of the ballasts for discharge lamps or tubes imports, with a CAGR of X% from 2012 to 2022. The Czech Republic (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ballast for discharge lamp importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Russia ($X), with a combined X% share of total imports.

The Czech Republic, 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 a decline in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform