Russian Federation: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in the Russian Federation

The Russian electric filament lamp market amounted to $X in 2021, surging by 9.1% against the previous year. Overall, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Electric Filament Lamp Production in the Russian Federation

In value terms, electric filament lamp production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 107% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from the Russian Federation

In 2021, the amount of electric filament lamps exported from Russia reduced markedly to X units, with a decrease of -18.3% against 2020 figures. Overall, exports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of 97% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric filament lamp exports declined modestly to $X in 2021. In general, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 48% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units), Azerbaijan (X units) and Ukraine (X units) were the main destinations of electric filament lamp exports from Russia, together accounting for 82% of total exports. Belarus, Armenia, Bosnia and Herzegovina and Georgia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2020, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +80.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Azerbaijan ($X) and Ukraine ($X) appeared to be the largest markets for electric filament lamp exported from Russia worldwide, together accounting for 72% of total exports. Belarus, Bosnia and Herzegovina, Armenia and Georgia lagged somewhat behind, together accounting for a further 20%.

Bosnia and Herzegovina, with a CAGR of +84.5%, recorded the highest growth rate of the value of exports, in terms of 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 2020, the average electric filament lamp export price amounted to $X per unit, reducing by -44.6% against the previous year. Overall, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 47%. The export price peaked at $X per unit in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Azerbaijan ($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 Bosnia and Herzegovina (+1.9%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports

Imports into the Russian Federation

In 2021, electric filament lamp imports into Russia dropped to X units, waning by -2.3% compared with the previous year. Overall, imports showed a noticeable reduction. The pace of growth was the most pronounced in 2020 when imports increased by 47%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, electric filament lamp imports totaled $X in 2021. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by 38% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Belarus (X units) and Poland (X units) were the main suppliers of electric filament lamp imports to Russia, together accounting for 65% of total imports. Kyrgyzstan, Thailand, Slovakia, Italy, Japan, Hungary, Germany and Ukraine lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2020, the biggest increases were recorded for Thailand (with a CAGR of +12.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Belarus ($X) were the largest electric filament lamp suppliers to Russia, with a combined 51% share of total imports. Kyrgyzstan, Japan, Slovakia, Thailand, Italy, Germany, Hungary and Ukraine lagged somewhat behind, together accounting for a further 41%.

Thailand, with a CAGR of +5.5%, 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 mixed trend patterns.

Import Prices by Country

The average electric filament lamp import price stood at $X per unit in 2020, declining by -40.6% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 5.5% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2020, 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 Japan ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Japan (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :