Romania: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Romania

In 2021, after three years of decline, there was significant growth in the Romanian tungsten halogen lamp market, when its value increased by 6% to $X. In general, consumption, however, saw a perceptible setback. Tungsten halogen lamp consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Tungsten Halogen Lamp Production in Romania

In value terms, tungsten halogen lamp production stood at $X in 2021 estimated in export price. In general, production, however, showed a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 9.1%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports from Romania

Tungsten halogen lamp exports from Romania rose to X units in 2021, surging by 1.7% against 2020. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 586% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, tungsten halogen lamp exports rose markedly to $X in 2021. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,277%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Russia (X units) was the main destination for tungsten halogen lamp exports from Romania, accounting for a 3.8% share of total exports. Moreover, tungsten halogen lamp exports to Russia exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. The third position in this ranking was taken by Ukraine (X units), with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +67.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+57.6% per year) and Ukraine (+234.7% per year).

In value terms, the largest markets for tungsten halogen lamp exported from Romania were Morocco ($X), Russia ($X) and France ($X), together accounting for 55% of total exports. These countries were followed by Brazil, Turkey, the Netherlands, Italy, Ukraine, Hungary and Germany, which together accounted for a further 32%.

Turkey, with a CAGR of +583.4%, 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 more modest paces of growth.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2021, growing by 3.6% against the previous year. In general, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 101% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Russia ($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 Morocco (+269.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Romania

Tungsten halogen lamp imports into Romania was estimated at X units in 2021, increasing by 4.7% against the year before. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 135%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, tungsten halogen lamp imports expanded significantly to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +100.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 84%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, France (X units) constituted the largest supplier of tungsten halogen lamp to Romania, with a 33% share of total imports. Moreover, tungsten halogen lamp imports from France exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.7% per year) and Germany (+5.9% per year).

In value terms, Germany ($X), Poland ($X) and France ($X) constituted the largest tungsten halogen lamp suppliers to Romania, together comprising 38% of total imports. These countries were followed by Slovakia, China, Hungary, Italy and the Netherlands, which together accounted for a further 16%.

Slovakia, with a CAGR of +40.2%, saw the highest growth rate of the value of imports, among 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, rising by 4.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2019 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for France ($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 Netherlands (+10.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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