Scandinavia: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Scandinavia

In 2022, the Scandinavia non-electrical lamp market increased by X% to $X, rising for the second year in a row after seven years of decline. In general, consumption continues to indicate a mild slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Non-Electrical Lamp Production in Scandinavia

In value terms, non-electrical lamp production soared to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decline. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Electrical Lamp Exports

Exports in Scandinavia

In 2022, overseas shipments of non-electrical lamps and lighting fittings increased by X% to X units, rising for the third consecutive year after six years of decline. In general, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, non-electrical lamp exports soared to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden was the major exporter of non-electrical lamps and lighting fittings in Scandinavia, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Finland (X units), mixing up a X% share of total exports.

Sweden was also the fastest-growing in terms of the non-electrical lamps and lighting fittings exports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, Sweden ($X) remains the largest non-electrical lamp supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, non-electrical lamp exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Finland amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Non-Electrical Lamp Imports

Imports in Scandinavia

After three years of growth, purchases abroad of non-electrical lamps and lighting fittings decreased by X% to X units in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-electrical lamp imports expanded rapidly to $X in 2022. Overall, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X units) represented the largest importer of non-electrical lamps and lighting fittings, making up X% of total imports. Finland (X units) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the non-electrical lamps and lighting fittings imports, with a CAGR of X% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Finland (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, the largest non-electrical lamp importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X), with a combined X% share of total imports.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in Scandinavia stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a slight slump. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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