Scandinavia: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Scandinavia

In 2021, after eight years of decline, there was significant growth in the Scandinavia fluorescent discharge lamps market, when its value increased by 11% to $X. In general, consumption, however, faced a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Fluorescent Discharge Lamps Production in Scandinavia

In value terms, fluorescent discharge lamps production soared to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports in Scandinavia

In 2021, overseas shipments of fluorescent discharge lamps increased by 75% to X units for the first time since 2012, thus ending a eight-year declining trend. Overall, exports, however, saw a abrupt descent. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, fluorescent discharge lamps exports soared to $X in 2021. In general, exports, however, recorded a deep reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark represented the largest exporter of fluorescent discharge lamps in Scandinavia, with the volume of exports accounting for X units, which was near 62% of total exports in 2021. Sweden (X units) ranks second in terms of the total exports with a 27% share, followed by Norway (7.4%). Finland (X units) and Iceland (X units) held a little share of total exports.

Exports from Denmark increased at an average annual rate of +8.4% from 2012 to 2021. At the same time, Iceland (+74.9%) displayed positive paces of growth. Moreover, Iceland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +74.9% from 2012-2021. By contrast, Norway (-11.8%), Finland (-12.5%) and Sweden (-15.8%) illustrated a downward trend over the same period. While the share of Denmark (+46 p.p.) and Iceland (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Finland (-2.1 p.p.), Norway (-4.8 p.p.) and Sweden (-40.3 p.p.) displayed negative dynamics.

In value terms, the largest fluorescent discharge lamps supplying countries in Scandinavia were Denmark ($X), Sweden ($X) and Finland ($X), with a combined 96% share of total exports. These countries were followed by Norway and Iceland, which together accounted for a further 4.5%.

Iceland, with a CAGR of +124.3%, 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 2021, the export price in Scandinavia amounted to $X per unit, shrinking by -17.1% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 15%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per unit), while Iceland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (+28.3%), while the other leaders experienced a decline in the export price figures.

Fluorescent Discharge Lamps Imports

Imports in Scandinavia

In 2021, overseas purchases of fluorescent discharge lamps increased by 15% to X units, rising for the second year in a row after seven years of decline. Over the period under review, imports, however, recorded a abrupt curtailment. The volume of import 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 notably to $X in 2021. In general, imports, however, faced a deep downturn. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Sweden was the largest importer of fluorescent discharge lamps in Scandinavia, with the volume of imports resulting at X units, which was approx. 57% of total imports in 2021. It was distantly followed by Denmark (X units), Norway (X units) and Finland (X units), together comprising a 41% share of total imports.

Sweden was also the fastest-growing in terms of the fluorescent discharge lamps imports, with a CAGR of -7.8% from 2012 to 2021. Denmark (-11.2%), Norway (-11.8%) and Finland (-14.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sweden increased by +11 percentage points.

In value terms, the largest fluorescent discharge lamps importing markets in Scandinavia were Sweden ($X), Norway ($X) and Denmark ($X), with a combined 84% share of total imports.

Denmark, with a CAGR of -12.4%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

In 2021, the import price in Scandinavia amounted to $X per unit, which is down by -4.4% against the previous year. Over the period under review, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the import price increased by 4.9%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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