Eastern Europe: Electric Lamp Market 2024

Electric Lamp Market Size in Eastern Europe

The East European electric lamp market contracted to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced downturn. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Electric Lamp Production in Eastern Europe

In value terms, electric lamp production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Electric Lamp Exports

Exports in Eastern Europe

For the sixth consecutive year, Eastern Europe recorded decline in shipments abroad of electric lamps, which decreased by X% to X units in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports shrank to $X in 2022. Over the period under review, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Poland (X units) and Russia (X units) were the key exporters of electric lamps in Eastern Europe, together finishing at approx. X% of total exports. It was distantly followed by Slovakia (X units), Hungary (X units), Belarus (X units) and Romania (X units), together generating a X% share of total exports. The following exporters - Ukraine (X units) and Bulgaria (X units) - each recorded a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

In Poland, electric lamp exports declined 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: Hungary (X% per year) and Slovakia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady 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 Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Electric Lamp Imports

Imports in Eastern Europe

In 2022, approx. X units of electric lamps were imported in Eastern Europe; which is down by X% compared with 2021. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports plummeted to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Russia represented the key importing country with an import of about X units, which accounted for X% of total imports. Poland (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%) and Slovakia (X%). The following importers - Ukraine (X units), the Czech Republic (X units), Belarus (X units) and Bulgaria (X units) - together made up X% of total imports.

Russia was also the fastest-growing in terms of the electric lamps imports, with a CAGR of X% from 2012 to 2022. Bulgaria (X%), Belarus (X%), Romania (X%), Slovakia (X%), Poland (X%), Ukraine (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total imports, while Slovakia, Romania, Ukraine, the Czech Republic and Poland saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric lamp importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together comprising X% of total imports. Slovakia, Romania, Bulgaria, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Bulgaria, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price, however, saw tangible growth. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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