Ireland: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Ireland

The Irish tungsten halogen lamp market dropped to $X in 2021, waning by -11.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a tangible increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Ireland

In 2021, shipments abroad of tungsten halogen lamps was finally on the rise to reach X units after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of 529% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. Over the period under review, exports recorded a pronounced expansion. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for tungsten halogen lamp exports from Ireland, accounting for a 243% share of total exports. Moreover, tungsten halogen lamp exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. Germany (X units) ranked third in terms of total exports with a 64% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +144.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+38.8% per year) and Germany (+73.6% per year).

In value terms, China ($X), the United States ($X) and the UK ($X) were the largest markets for tungsten halogen lamp exported from Ireland worldwide, with a combined 63% share of total exports. Germany, Israel and Norway lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Israel, with a CAGR of +293.2%, 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

The average tungsten halogen lamp export price stood at $X per unit in 2021, jumping by 72% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 252%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to China ($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 Israel (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Tungsten Halogen Lamp Imports

Imports into Ireland

For the third year in a row, Ireland recorded decline in overseas purchases of tungsten halogen lamps, which decreased by -27.5% to X units in 2021. Overall, imports, however, showed a mild increase. The pace of growth was the most pronounced in 2014 when imports increased by 107%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a modest increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of tungsten halogen lamp to Ireland, accounting for a 26% share of total imports. Moreover, tungsten halogen lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The UK (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and the UK (-13.3% per year).

In value terms, China ($X), the UK ($X) and Germany ($X) were the largest tungsten halogen lamp suppliers to Ireland, with a combined 63% share of total imports. These countries were followed by the United States, Japan, Taiwan (Chinese), France, Sweden, Poland and Hungary, which together accounted for a further 21%.

Sweden, with a CAGR of +27.4%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average tungsten halogen lamp import price amounted to $X per unit, surging by 160% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+40.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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