Spain: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Spain

In 2021, the Spanish electric filament lamp market was finally on the rise to reach $X for the first time since 2014, thus ending a six-year declining trend. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electric Filament Lamp Production in Spain

In value terms, electric filament lamp production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a deep setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 276% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from Spain

For the third consecutive year, Spain recorded decline in overseas shipments of electric filament lamps, which decreased by -14.1% to X units in 2021. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 238%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports fell rapidly to $X in 2021. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 45% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for electric filament lamp exports from Spain, with a less than 0.1% share of total exports. Moreover, electric filament lamp exports to Germany exceeded the volume sent to the second major destination, Morocco (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+0.4% per year) and the Netherlands (-10.9% per year).

In value terms, the largest markets for electric filament lamp exported from Spain were Portugal ($X), the Netherlands ($X) and France ($X), with a combined 71% share of total exports.

The Netherlands, with a CAGR of +21.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2021, dropping by -5.9% against the previous year. Overall, the export price recorded a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 108% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per unit), while the average price for exports to Cambodia ($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 Portugal (+69.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Spain

In 2021, purchases abroad of electric filament lamps was finally on the rise to reach X units after three years of decline. In general, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 332% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electric filament lamp imports dropped to $X in 2021. Over the period under review, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 45%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Poland (X units) and Italy (X units) were the main suppliers of electric filament lamp imports to Spain, with a combined 22% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +10.5%), while imports for the other leaders experienced a decline.

In value terms, the largest electric filament lamp suppliers to Spain were France ($X), Germany ($X) and China ($X), together comprising 64% of total imports. Poland, Italy, the Netherlands, Hungary and Slovakia lagged somewhat behind, together accounting for a further 19%.

Poland, with a CAGR of +3.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average electric filament lamp import price stood at $X per unit in 2021, with a decrease of -38.3% against the previous year. Overall, the import price saw a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 185%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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