Spain: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Spain

In 2021, the Spanish tungsten halogen lamp market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Tungsten halogen lamp consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Tungsten Halogen Lamp Production in Spain

In value terms, tungsten halogen lamp production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 45%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Tungsten Halogen Lamp Exports

Exports from Spain

In 2021, exports of tungsten halogen lamps from Spain shrank rapidly to X units, falling by -17.6% on the year before. Overall, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 423% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, tungsten halogen lamp exports soared to $X in 2021. In general, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2017 with an increase of 39% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), Portugal (X units) and Germany (X units) were the main destinations of tungsten halogen lamp exports from Spain, with a combined 6.2% share of total exports. These countries were followed by France, the Czech Republic, the Netherlands, Italy and South Africa, which together accounted for a further 2.8%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +75.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tungsten halogen lamp exported from Spain were Portugal ($X), the Czech Republic ($X) and Poland ($X), with a combined 51% share of total exports.

The Czech Republic, with a CAGR of +74.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2021, rising by 58% against the previous year. Overall, the export price, however, faced a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the Netherlands ($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 Italy (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten Halogen Lamp Imports

Imports into Spain

In 2021, supplies from abroad of tungsten halogen lamps was finally on the rise to reach X units after three years of decline. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 72% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, tungsten halogen lamp imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by 31% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest tungsten halogen lamp supplier to Spain, accounting for a 36% share of total imports. Moreover, tungsten halogen lamp imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), twofold. China (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.4% per year) and China (-14.1% per year).

In value terms, the largest tungsten halogen lamp suppliers to Spain were Germany ($X), France ($X) and Poland ($X), together comprising 67% of total imports. These countries were followed by China, Italy and the Netherlands, which together accounted for a further 29%.

Italy, with a CAGR of +23.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average tungsten halogen lamp import price stood at $X per unit in 2021, picking up by 9.2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 84%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Poland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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