Russian Federation: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in the Russian Federation

The Russian non-electrical lamp market reached $X in 2022, growing by X% against the previous year. In general, consumption saw a slight descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Electrical Lamp Production in the Russian Federation

In value terms, non-electrical lamp production reduced to $X in 2022 estimated in export price. In general, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Non-electrical lamp production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Electrical Lamp Exports

Exports from the Russian Federation

In 2022, shipments abroad of non-electrical lamps and lighting fittings decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports showed a perceptible slump. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then fell sharply in the following year.

In value terms, non-electrical lamp exports contracted to $X in 2022. In general, exports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The United Arab Emirates (X units) was the main destination for non-electrical lamp exports from Russia, accounting for a X% share of total exports. Moreover, non-electrical lamp exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kazakhstan (X units), twofold. The third position in this ranking was held by Cyprus (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Cyprus (X% per year).

In value terms, the largest markets for non-electrical lamp exported from Russia were the United Arab Emirates ($X), Kazakhstan ($X) and Cyprus ($X), together comprising X% of total exports.

In terms of the main countries of destination, Cyprus, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into the Russian Federation

Non-electrical lamp imports into Russia shrank remarkably to X units in 2022, waning by X% compared with 2021 figures. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electrical lamp imports reached $X in 2022. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electrical lamp to Russia, accounting for a X% share of total imports. It was followed by Poland (X units), with a X% share of total imports. Lithuania (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Lithuania (X% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Russia, comprising X% of total imports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Poland (X% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, 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 Germany ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :