Italy: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Italy

In 2021, the Italian fluorescent discharge lamps market increased by 270% to $X, rising for the second year in a row after seven years of decline. In general, consumption, however, showed a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Fluorescent Discharge Lamps Production in Italy

In value terms, fluorescent discharge lamps production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant decrease. The pace of growth was the most pronounced in 2019 with an increase of 13% against the previous year. Fluorescent discharge lamps production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from Italy

For the third year in a row, Italy recorded decline in shipments abroad of fluorescent discharge lamps, which decreased by -78.5% to X units in 2021. In general, exports faced a sharp slump. The pace of growth appeared the most rapid in 2018 with an increase of 4.6% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports dropped significantly to $X in 2021. Over the period under review, exports recorded a deep slump. The smallest decline of -1.4% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and Spain (X units) were the main destinations of fluorescent discharge lamps exports from Italy, together accounting for 53% of total exports. These countries were followed by Romania, the Netherlands, France, Oman, Malta and China, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +45.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fluorescent discharge lamps exported from Italy were France ($X), Germany ($X) and Spain ($X), together comprising 28% of total exports. The United Arab Emirates, the Netherlands, Romania, Malta, Oman and China lagged somewhat behind, together accounting for a further 14%.

Oman, with a CAGR of +36.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average fluorescent discharge lamps export price amounted to $X per unit, picking up by 111% against the previous year. Over the period under review, the export price showed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to the United Arab Emirates ($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 Germany (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Fluorescent Discharge Lamps Imports

Imports into Italy

After eight years of decline, purchases abroad of fluorescent discharge lamps increased by 5.3% to X units in 2021. Over the period under review, imports, however, showed a sharp slump. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports rose notably to $X in 2021. Overall, imports, however, faced a sharp downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), France (X units) and Poland (X units) were the main suppliers of fluorescent discharge lamps imports to Italy, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +8.3%), while imports for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of fluorescent discharge lamps to Italy, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to -19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-27.3% per year) and Germany (-22.1% per year).

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 50%. 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 (+21.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :