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

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

The Europe market for special-purpose electric lamps and lighting fittings fell significantly to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced dramatically in the following year.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Europe

In value terms, production of special-purpose electric lamps and lighting fittings contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports in Europe

For the seventh year in a row, Europe recorded growth in overseas shipments of special-purpose electric lamps and lighting fittings, which increased by X% to X units in 2022. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of special-purpose electric lamps and lighting fittings shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

The shipments of the five major exporters of special-purpose electric lamps and lighting fittings, namely Germany, the Netherlands, Poland, Italy and Spain, represented more than half of total export. France (X units) ranks next in terms of the total exports with a X% share, followed by Belgium (X%). The following exporters - Hungary (X units), Austria (X units), Bulgaria (X units), Sweden (X units), the Czech Republic (X units) and the UK (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In Germany, exports of special-purpose electric lamps and lighting fittings remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2013 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports in Europe

In 2022, after six years of growth, there was significant decline in overseas purchases of special-purpose electric lamps and lighting fittings, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings fell dramatically to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), France (X units), Poland (X units), Belgium (X units), the UK (X units) and Spain (X units) were the key importers of special-purpose electric lamps and lighting fittings, together constituting X% of total imports. The following importers - Italy (X units), Sweden (X units), Austria (X units), Hungary (X units), Denmark (X units) and Greece (X units) - together made up X% of total imports.

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

In value terms, the largest special-purpose electric lamp and lighting fitting importing markets in Europe were Germany ($X), the UK ($X) and the Netherlands ($X), together accounting for X% of total imports. France, Poland, Italy, Belgium, Spain, Sweden, Austria, Denmark, Hungary and Greece lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 2022, the import price in Europe amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, 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 UK ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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