Spain: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Spain

After two years of decline, the Spanish fluorescent discharge lamps market increased by 19% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt decrease. Fluorescent discharge lamps consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Fluorescent Discharge Lamps Production in Spain

In value terms, fluorescent discharge lamps production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 38% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from Spain

In 2021, fluorescent discharge lamps exports from Spain declined to X units, with a decrease of -8.2% against the year before. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 20%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluorescent discharge lamps exports expanded slightly to $X in 2021. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 4.2% against the previous year. 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

Portugal (X units) was the main destination for fluorescent discharge lamps exports from Spain, accounting for a 76% share of total exports. Moreover, fluorescent discharge lamps exports to Portugal exceeded the volume sent to the second major destination, France (X units), more than tenfold. Morocco (X units) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled -15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-19.0% per year) and Morocco (+2.4% per year).

In value terms, Portugal ($X) remains the key foreign market for fluorescent discharge lamps exports from Spain, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 14% share of total exports. It was followed by Cuba, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to Portugal stood at -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-9.8% per year) and Cuba (-23.4% per year).

Export Prices by Country

The average fluorescent discharge lamps export price stood at $X per unit in 2021, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 41%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Cuba ($X per unit), while the average price for exports to Gibraltar ($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 France (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Spain

In 2021, supplies from abroad of fluorescent discharge lamps increased by 24% to X units for the first time since 2013, thus ending a seven-year declining trend. Overall, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 31%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports rose remarkably to $X in 2021. Over the period under review, imports, however, faced a abrupt shrinkage. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

France (X units), China (X units) and Portugal (X units) were the main suppliers of fluorescent discharge lamps imports to Spain, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +7.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest fluorescent discharge lamps suppliers to Spain were France ($X), China ($X) and Germany ($X), together accounting for 78% of total imports. These countries were followed by Portugal, the Netherlands, Poland and Italy, which together accounted for a further 14%.

Portugal, with a CAGR of -5.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, with a decrease of -9.8% against the previous year. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.3%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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