Greece: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Greece

In 2021, the Greek fluorescent discharge lamps market decreased by -6% to $X, falling for the eighth consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports from Greece

In 2021, the amount of fluorescent discharge lamps exported from Greece surged to X units, picking up by 72% against the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports reached $X in 2021. Overall, exports, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 36% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Cyprus (X units) was the main destination for fluorescent discharge lamps exports from Greece, accounting for a 59% share of total exports. Moreover, fluorescent discharge lamps exports to Cyprus exceeded the volume sent to the second major destination, Romania (X units), ninefold. The third position in this ranking was held by Italy (X units), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume to Cyprus totaled +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-17.8% per year) and Italy (+74.1% per year).

In value terms, Cyprus ($X) remains the key foreign market for fluorescent discharge lamps exports from Greece, comprising 47% of total exports. The second position in the ranking was held by Romania ($X), with a 7.7% share of total exports. It was followed by Albania, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus totaled -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-26.9% per year) and Albania (-22.1% per year).

Export Prices by Country

The average fluorescent discharge lamps export price stood at $X per unit in 2021, shrinking by -34.1% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (-1.5%), while the prices for the other major destinations experienced a decline.

Fluorescent Discharge Lamps Imports

Imports into Greece

In 2021, the amount of fluorescent discharge lamps imported into Greece declined to X units, which is down by -5% on 2020. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, fluorescent discharge lamps imports rose slightly to $X in 2021. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 12% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of fluorescent discharge lamps to Greece, accounting for a 61% share of total imports. Moreover, fluorescent discharge lamps imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. The third position in this ranking was taken by France (X units), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-5.0% per year) and France (-15.2% per year).

In value terms, China ($X), France ($X) and Poland ($X) appeared to be the largest fluorescent discharge lamps suppliers to Greece, with a combined 79% share of total imports.

Poland, with a CAGR of -1.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, increasing by 9.2% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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