Turkey: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Turkey

In 2021, the Turkish fluorescent discharge lamps market decreased by -9.7% to $X, falling for the eighth consecutive year after two years of growth. Overall, consumption continues to indicate a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Fluorescent Discharge Lamps Production in Turkey

In value terms, fluorescent discharge lamps production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 100% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports from Turkey

In 2021, fluorescent discharge lamps exports from Turkey surged to X units, jumping by 80% on the previous year. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fluorescent discharge lamps exports skyrocketed to $X in 2021. Overall, exports, however, recorded a slight contraction. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Libya (X units) and Romania (X units) were the main destinations of fluorescent discharge lamps exports from Turkey, together comprising 62% of total exports. These countries were followed by Tunisia, Cote d'Ivoire, Azerbaijan, Jordan, Turkmenistan, Germany, Poland and Hungary, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +118.2%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), Libya ($X) and Romania ($X) constituted the largest markets for fluorescent discharge lamps exported from Turkey worldwide, with a combined 57% share of total exports. Cote d'Ivoire, Turkmenistan, Tunisia, Azerbaijan, Germany, Jordan, Poland and Hungary lagged somewhat behind, together comprising a further 24%.

Cote d'Ivoire, with a CAGR of +92.9%, saw the highest rates of growth with regard to the value of exports, among 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 fluorescent discharge lamps export price stood at $X per unit in 2021, surging by 14% against the previous year. In general, the export price, however, continues to indicate a perceptible decline. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Tunisia ($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 Poland (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Turkey

In 2021, imports of fluorescent discharge lamps into Turkey shrank rapidly to X units, waning by -16.4% compared with the previous year. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports declined sharply to $X in 2021. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 when imports increased by 11% 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

China (X units), Poland (X units) and Russia (X units) were the main suppliers of fluorescent discharge lamps imports to Turkey, together comprising 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +57.6%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Turkey, comprising 63% of total imports. The second position in the ranking was held by Poland ($X), with a 16% share of total imports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-9.4% per year) and Hungary (-3.7% per year).

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, waning by -1.8% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2013 an increase of 7.4%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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