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

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

The East European market for special-purpose electric lamps and lighting fittings reduced remarkably to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. 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 Eastern Europe

In value terms, production of special-purpose electric lamps and lighting fittings reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports in Eastern Europe

After ten years of growth, shipments abroad of special-purpose electric lamps and lighting fittings decreased by X% to X units in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, leveling off in the following year.

In value terms, exports of special-purpose electric lamps and lighting fittings fell to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

In 2022, Poland (X units) was the major exporter of special-purpose electric lamps and lighting fittings, achieving X% of total exports. Hungary (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Bulgaria (X%) and the Czech Republic (X%). Slovakia (X units), Romania (X units) and Ukraine (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to special-purpose electric lamp and lighting fitting exports from Poland stood at X%. At the same time, Bulgaria (X%), Hungary (X%), Romania (X%), Slovakia (X%), the Czech Republic (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.), Bulgaria (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total exports, while Romania, Slovakia, Ukraine and the Czech Republic saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

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

In Poland, exports of special-purpose electric lamps and lighting fittings increased at 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: the Czech Republic (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price showed a deep reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 Ukraine ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports in Eastern Europe

After six years of growth, overseas purchases of special-purpose electric lamps and lighting fittings decreased by X% to X units in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then declined dramatically in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings dropped significantly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. 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. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Poland (X units) was the major importer of special-purpose electric lamps and lighting fittings, creating X% of total imports. Hungary (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Romania (X%), the Czech Republic (X%), Slovakia (X%) and Bulgaria (X%). Lithuania (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to special-purpose electric lamp and lighting fitting imports into Poland stood at X%. At the same time, Bulgaria (X%), Slovakia (X%), Hungary (X%), Romania (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Poland (X p.p.), Hungary (X p.p.), Bulgaria (X p.p.), Slovakia (X p.p.) and Romania (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported special-purpose electric lamps and lighting fittings in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Hungary (X% per year).

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 showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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