Italy: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Italy

The Italian tungsten halogen lamp market dropped slightly to $X in 2021, with a decrease of -2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Tungsten Halogen Lamp Production in Italy

In value terms, tungsten halogen lamp production stood at $X in 2021 estimated in export price. Over the period under review, production saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 237% against the previous year. Tungsten halogen lamp production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Italy

Tungsten halogen lamp exports from Italy contracted to X units in 2021, dropping by -9.8% compared with 2020. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 9.7% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, tungsten halogen lamp exports reduced slightly to $X in 2021. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units), Romania (X units) and Germany (X units) were the main destinations of tungsten halogen lamp exports from Italy, with a combined 36% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +28.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Slovenia ($X) were the largest markets for tungsten halogen lamp exported from Italy worldwide, together accounting for 31% of total exports. These countries were followed by Poland, Spain, Turkey, Greece, Romania, Slovakia, Belgium, the Czech Republic, the United Arab Emirates and Portugal, which together accounted for a further 37%.

Slovakia, with a CAGR of +15.1%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the average tungsten halogen lamp export price amounted to $X per unit, with an increase of 7.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Romania ($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 Spain (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Italy

In 2021, supplies from abroad of tungsten halogen lamps decreased by -5.8% to X units, falling for the seventh consecutive year after three years of growth. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 32%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, tungsten halogen lamp imports expanded remarkably to $X in 2021. In general, imports saw a deep contraction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Slovakia (X units) were the main suppliers of tungsten halogen lamp imports to Italy.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +102.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest tungsten halogen lamp suppliers to Italy were Germany ($X), China ($X) and Slovakia ($X), with a combined 66% share of total imports.

Slovakia, with a CAGR of +88.1%, saw 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 mixed trend patterns.

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, growing by 21% against the previous year. Over the period under review, the import price recorded a measured expansion. The growth pace was the most rapid in 2019 an increase of 45% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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