MERCOSUR: Electric Lamp Market 2024

Electric Lamp Market Size in MERCOSUR

After three years of growth, the MERCOSUR electric lamp market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Electric Lamp Production in MERCOSUR

In value terms, electric lamp production expanded modestly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Electric Lamp Exports

Exports in MERCOSUR

In 2022, the amount of electric lamps exported in MERCOSUR contracted to X units, which is down by X% on 2021 figures. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports fell to $X in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile was the largest exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Brazil (X units) and Colombia (X units), together achieving a X% share of total exports. The following exporters - Peru (X units), Ecuador (X units) and Argentina (X units) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electric lamp supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Colombia ($X), with a combined X% share of total exports. Peru, Argentina and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, standing approx. at the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Electric Lamp Imports

Imports in MERCOSUR

In 2022, supplies from abroad of electric lamps decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, electric lamp imports contracted dramatically to $X in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Brazil (X units), distantly followed by Argentina (X units), Chile (X units), Colombia (X units) and Peru (X units) represented the major importers of electric lamps, together comprising X% of total imports. The following importers - Ecuador (X units) and Venezuela (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Brazil ($X), Argentina ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Chile, Peru, Venezuela and Ecuador lagged somewhat behind, together accounting for a further X%.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Venezuela ($X per unit), while Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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