Eastern Europe: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Eastern Europe

In 2021, the East European tungsten halogen lamp market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, recorded a pronounced setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in Eastern Europe

In value terms, tungsten halogen lamp production expanded notably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 17%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports in Eastern Europe

Tungsten halogen lamp exports shrank to X units in 2021, with a decrease of -7% compared with the year before. Over the period under review, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2013 when exports increased by 21%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports totaled $X in 2021. In general, exports saw a perceptible decrease. The growth pace was the most rapid in 2013 with an increase of 23%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hungary was the key exporting country with an export of about X units, which recorded 45% of total exports. It was distantly followed by Poland (X units), Slovakia (X units) and Romania (X units), together generating a 41% share of total exports. The Czech Republic (X units), Belarus (X units) and Russia (X units) took a little share of total exports.

Hungary experienced a relatively flat trend pattern with regard to volume of exports of tungsten halogen lamps. At the same time, Romania (+38.7%), Belarus (+11.5%), Slovakia (+8.7%) and Russia (+8.0%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +38.7% from 2012-2021. By contrast, the Czech Republic (-3.8%) and Poland (-13.1%) illustrated a downward trend over the same period. While the share of Hungary (+9.2 p.p.), Slovakia (+9 p.p.), Romania (+7.5 p.p.) and Belarus (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Poland (-32 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest tungsten halogen lamp supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was held by Hungary ($X), with a 22% share of total exports. It was followed by Slovakia, with a 19% share.

In Poland, tungsten halogen lamp exports decreased by an average annual rate of -6.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hungary (-5.8% per year) and Slovakia (+17.8% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2021, jumping by 15% against the previous year. Overall, the export price showed a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+8.4%), while the other leaders experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports in Eastern Europe

In 2021, overseas purchases of tungsten halogen lamps increased by 11% to X units, rising for the second year in a row after three years of decline. Overall, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of 36%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tungsten halogen lamp imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a slight contraction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X units), distantly followed by Poland (X units), Romania (X units), Slovakia (X units) and the Czech Republic (X units) represented the key importers of tungsten halogen lamps, together comprising 85% of total imports. The following importers - Lithuania (X units) and Belarus (X units) - together made up 7% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lithuania (with a CAGR of +8.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Slovakia ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 68% of total imports.

Slovakia, with a CAGR of +7.1%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2021, the import price in Eastern Europe amounted to $X per unit, with an increase of 11% against the previous year. In general, the import price showed a slight increase. The most prominent rate of growth was recorded in 2019 an increase of 18%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :