Scandinavia: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Scandinavia

The Scandinavia tungsten halogen lamp market dropped slightly to $X in 2021, which is down by -3.1% against the previous year. Overall, consumption, however, continues to indicate a abrupt decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Tungsten Halogen Lamp Production in Scandinavia

In value terms, tungsten halogen lamp production rose notably to $X in 2021 estimated in export price. In general, production, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 20%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Tungsten Halogen Lamp Exports

Exports in Scandinavia

After six years of decline, shipments abroad of tungsten halogen lamps increased by 2.2% to X units in 2021. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, tungsten halogen lamp exports rose sharply to $X in 2021. Overall, exports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 9.6%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark represented the major exporting country with an export of about X units, which resulted at 56% of total exports. Sweden (X units) held a 36% share (based on physical terms) of total exports, which put it in second place, followed by Finland (6.4%). Norway (X units) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Denmark (with a CAGR of +0.6%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest tungsten halogen lamp supplying countries in Scandinavia were Sweden ($X), Denmark ($X) and Finland ($X), together accounting for 95% of total exports. These countries were followed by Norway, which accounted for a further 4.5%.

In terms of the main exporting countries, Norway, with a CAGR of +16.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, growing by 3.5% against the previous year. In general, the export price recorded a noticeable expansion. The pace of growth was the most pronounced in 2019 an increase of 29% against the previous year. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+43.7%), while the other leaders experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports in Scandinavia

In 2021, the amount of tungsten halogen lamps imported in Scandinavia reduced to X units, with a decrease of -12.4% on the previous year. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2019 with an increase of 24%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, tungsten halogen lamp imports rose modestly to $X in 2021. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Denmark was the largest importing country with an import of around X units, which accounted for 60% of total imports. Sweden (X units) took a 20% share (based on physical terms) of total imports, which put it in second place, followed by Norway (9.9%) and Finland (8.2%). Iceland (X units) took a little share of total imports.

Denmark experienced a relatively flat trend pattern with regard to volume of imports of tungsten halogen lamps. Finland (-15.6%), Sweden (-15.9%), Iceland (-16.2%) and Norway (-19.1%) illustrated a downward trend over the same period. Denmark (+39 p.p.) significantly strengthened its position in terms of the total imports, while Finland, Norway and Sweden saw its share reduced by -6.1%, -15.4% and -15.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2021, together comprising 79% of total imports. These countries were followed by Norway and Iceland, which together accounted for a further 21%.

Iceland, with a CAGR of -7.8%, recorded the highest growth rate of 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 2021, rising by 19% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 40%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per unit), while Denmark ($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 (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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