Russian Federation: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in the Russian Federation

After eight years of decline, the Russian fluorescent discharge lamps market increased by 19% to $X in 2021. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fluorescent Discharge Lamps Production in the Russian Federation

In value terms, fluorescent discharge lamps production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a deep setback. Fluorescent discharge lamps production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports from the Russian Federation

In 2021, the amount of fluorescent discharge lamps exported from Russia skyrocketed to X units, rising by 34% against the previous year's figure. Over the period under review, total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -8.3% against 2019 indices. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fluorescent discharge lamps exports expanded rapidly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 63% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for fluorescent discharge lamps exports from Russia, accounting for a 66% share of total exports. Moreover, fluorescent discharge lamps exports to France exceeded the volume sent to the second major destination, Turkey (X units), more than tenfold. South Africa (X units) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +511.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+216.2% per year) and South Africa (-12.0% per year).

In value terms, France ($X) remains the key foreign market for fluorescent discharge lamps exports from Russia, comprising 53% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total exports. It was followed by Belarus, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +397.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-6.8% per year) and Belarus (-8.8% per year).

Export Prices by Country

The average fluorescent discharge lamps export price stood at $X per unit in 2021, with a decrease of -19.6% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Turkey ($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 Ukraine (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into the Russian Federation

For the ninth year in a row, Russia recorded decline in supplies from abroad of fluorescent discharge lamps, which decreased by -4% to X units in 2021. Over the period under review, imports continue to indicate a abrupt shrinkage. The smallest decline of -3.6% was in 2013. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports expanded remarkably to $X in 2021. In general, imports continue to indicate a deep setback. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Poland (X units) constituted the largest supplier of fluorescent discharge lamps to Russia, with a 47% share of total imports. Moreover, fluorescent discharge lamps imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), threefold. France (X units) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-31.1% per year) and France (+4.8% per year).

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Russia, comprising 25% of total imports. The second position in the ranking was held by France ($X), with a 9.7% share of total imports. It was followed by Poland, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+7.2% per year) and Poland (-24.6% per year).

Import Prices by Country

The average fluorescent discharge lamps import price stood at $X per unit in 2021, picking up by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2020 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+44.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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