Europe: Lamp Holder Market 2024

Lamp Holder Market Size in Europe

In 2022, the Europe lamp holder market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Lamp Holder Production in Europe

In value terms, lamp holder production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports in Europe

In 2022, shipments abroad of lamp holders, plugs and sockets increased by 0.3% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, lamp holder exports dropped slightly to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of $X, and then shrank slightly in the following year.

Exports by Country

In 2022, Germany (X tons) was the major exporter of lamp holders, plugs and sockets, making up 35% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with a 9.3% share, followed by France (7%), Belgium (6.9%), the Netherlands (5.8%), Austria (5.1%) and Romania (4.8%). Italy (X tons), Hungary (X tons), Poland (X tons), Switzerland (X tons), Spain (X tons) and the UK (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +5.0% from 2012 to 2022. At the same time, Romania (+16.4%), Belgium (+14.6%), Poland (+13.1%), the Netherlands (+8.0%), Spain (+5.3%), Hungary (+5.0%), the Czech Republic (+4.0%), Austria (+3.9%), France (+3.2%) and Italy (+1.2%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Europe, with a CAGR of +16.4% from 2012-2022. Switzerland experienced a relatively flat trend pattern. By contrast, the UK (-12.6%) illustrated a downward trend over the same period. Belgium (+4.2 p.p.), Romania (+3.2 p.p.), Germany (+2.3 p.p.), Poland (+2.1 p.p.) and the Netherlands (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Italy, Switzerland and the UK saw its share reduced by -1.6%, -1.9% and -8.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest lamp holder supplier in Europe, comprising 46% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 9.9% share of total exports. It was followed by France, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at +7.2%. In the other countries, the average annual rates were as follows: the Czech Republic (+16.6% per year) and France (+7.4% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, which is down by -3.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped in the following year.

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 the UK ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.5%), while the other leaders experienced more modest paces of growth.

Lamp Holder Imports

Imports in Europe

In 2022, after three years of growth, there was significant decline in overseas purchases of lamp holders, plugs and sockets, when their volume decreased by -6.6% to X tons. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.8% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, lamp holder imports expanded slightly to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), followed by Hungary (X tons), the UK (X tons), the Netherlands (X tons), France (X tons), the Czech Republic (X tons), Italy (X tons) and Belgium (X tons) were the largest importers of lamp holders, plugs and sockets, together achieving 68% of total imports. Poland (X tons), Russia (X tons), Romania (X tons), Spain (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported lamp holders, plugs and sockets in Europe, comprising 27% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 7.6% share of total imports. It was followed by France, with a 7.4% share.

In Germany, lamp holder imports increased at an average annual rate of +6.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (+11.1% per year) and France (+7.3% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the import price increased by 22%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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 ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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