Luxembourg: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Luxembourg

The Luxembourg electric filament lamp market declined modestly to $X in 2021, with a decrease of -4.2% against the previous year. Overall, consumption recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Production in Luxembourg

In value terms, electric filament lamp production dropped significantly to $X in 2021 estimated in export price. Overall, production posted a noticeable expansion. Over the period under review, production attained the maximum level at $X in 2020, and then reduced dramatically in the following year.

Electric Filament Lamp Exports

Exports from Luxembourg

Electric filament lamp exports from Luxembourg was estimated at X units in 2021, growing by 11% compared with the previous year's figure. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, electric filament lamp exports skyrocketed to $X in 2021. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 94% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for electric filament lamp exports from Luxembourg, accounting for a 97% share of total exports. Moreover, electric filament lamp exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was taken by Poland (X units), with a 16% share.

From 2012 to 2020, the average annual growth rate of volume to Germany amounted to +29.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.7% per year) and Poland (+276.9% per year).

It was followed by Poland, with an 8.1% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Germany amounted to +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.3% per year) and Poland (+183.6% per year).

Export Prices by Country

In 2020, the average electric filament lamp export price amounted to $X per unit, falling by -5.3% against the previous year. Over the period under review, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of 4.7%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Filament Lamp Imports

Imports into Luxembourg

In 2021, approx. X units of electric filament lamps were imported into Luxembourg; waning by -7.6% against 2020. In general, imports, however, posted a modest expansion. The pace of growth was the most pronounced in 2016 when imports increased by 67%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, electric filament lamp imports amounted to $X in 2021. Overall, imports recorded a slight curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 64%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Thailand (X units) was the main supplier of electric filament lamp to Luxembourg, accounting for a 120% share of total imports. Moreover, electric filament lamp imports from Thailand exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was held by India (X units), with a 9.4% share.

From 2012 to 2020, the average annual growth rate of volume from Thailand stood at +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+38.9% per year) and India (+29.6% per year).

In value terms, Germany ($X), Thailand ($X) and Japan ($X) constituted the largest electric filament lamp suppliers to Luxembourg, with a combined 59% share of total imports.

Japan, with a CAGR of +24.1%, saw the highest rates of growth with regard to 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

The average electric filament lamp import price stood at $X per unit in 2020, which is down by -12% against the previous year. In general, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 6.3% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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