Europe: Electric Lamp Market 2024

Electric Lamp Market Size in Europe

In 2022, the Europe electric lamp market decreased by X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption recorded a mild downturn. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electric Lamp Production in Europe

In value terms, electric lamp production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Electric Lamp Exports

Exports in Europe

For the sixth consecutive year, Europe recorded decline in overseas shipments of electric lamps, which decreased by X% to X units in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electric lamp exports dropped to $X in 2022. Over the period under review, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units), Poland (X units), Germany (X units) and Russia (X units) represented roughly X% of total exports in 2022. Italy (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). The following exporters - Spain (X units), Hungary (X units), Belarus (X units), the Netherlands (X units), the UK (X units), Romania (X units) and Belgium (X units) - together made up X% 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, Germany ($X), Poland ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. The Netherlands, Belgium, the UK, Hungary, Slovakia, Italy, Russia, Spain, Romania and Belarus lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, rising by X% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belarus ($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 Europe

In 2022, electric lamp imports in Europe shrank to X units, with a decrease of X% against the previous year's figure. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports dropped to $X in 2022. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the major importer of electric lamps in Europe, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Germany (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Poland (X%), the Netherlands (X%) and the UK (X%). The following importers - Spain (X units), Belgium (X units), Italy (X units), Romania (X units), Switzerland (X units), Slovakia (X units) and Ukraine (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Switzerland (X%) displayed positive paces of growth. Moreover, Switzerland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%), the Netherlands (X%), Romania (X%), Spain (X%), Slovakia (X%), Poland (X%), the UK (X%), Ukraine (X%), Germany (X%), France (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Switzerland and Belgium increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric lamp importing markets in Europe were Germany ($X), France ($X) and Poland ($X), together comprising X% of total imports. The Netherlands, Russia, the UK, Italy, Spain, Belgium, Switzerland, Slovakia, Romania and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Slovakia, with a CAGR of X%, saw 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 Europe amounted to $X per unit, growing by X% against the previous year. In general, the import price posted a strong increase. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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