Italy - Ballasts For Discharge Lamps Or Tubes - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingItaly's Ballast for Discharge Lamp Export Reaches $45 Million in 2023
Italy Ballast For Discharge Lamp Exports
In 2023, overseas shipments of ballasts for discharge lamps or tubes decreased by less than 0.1% to 6.5M units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 17M units. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, ballast for discharge lamp exports expanded sharply to $45M (IndexBox estimates) in 2023. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, the exports reached the peak of $135M. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Ballast For Discharge Lamp in Italy (million USD) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| France | 4.2 | 3.5 | 3.7 | 3.7 | 3.4 | 2.9 | 5.6 | 4.7 | 4.8 |
| Germany | 26.3 | 25.2 | 28.7 | 25.7 | 23.4 | 19.8 | 26.8 | 3.9 | 4.1 |
| Spain | 6.2 | 7.2 | 7.7 | 8.8 | 8.9 | 7.7 | 11.2 | 3.6 | 3.8 |
| Sweden | 4.3 | 4.1 | 3.7 | 3.7 | 2.9 | 2.4 | 2.5 | 0.8 | 3.1 |
| Romania | 0.9 | 0.8 | 0.8 | 1.0 | 1.3 | 1.2 | 2.1 | 1.6 | 2.6 |
| Netherlands | 4.0 | 4.3 | 4.4 | 4.6 | 4.9 | 4.2 | 4.4 | 1.1 | 2.3 |
| India | 0.1 | 0.7 | 0.3 | 0.1 | 0.1 | N/A | 0.4 | 1.3 | 1.9 |
| Poland | 4.1 | 4.9 | 6.7 | 7.5 | 9.7 | 8.8 | 11.1 | 4.4 | 1.6 |
| Belgium | 5.4 | 5.8 | 6.5 | 7.1 | 6.8 | 6.2 | 8.6 | 0.6 | 0.6 |
| Finland | 9.1 | 10.1 | 7.8 | 8.0 | 4.0 | 4.9 | 12.7 | 0.6 | 0.2 |
| Others | 34.8 | 35.9 | 41.0 | 41.8 | 42.1 | 46.6 | 49.8 | 19.5 | 20.2 |
| Total | 99.4 | 103 | 111 | 112 | 107 | 105 | 135 | 42.0 | 45.3 |
Exports by Country
Romania (1.4M units) was the main destination for ballast for discharge lamp exports from Italy, accounting for a 21% share of total exports. Moreover, ballast for discharge lamp exports to Romania exceeded the volume sent to the second major destination, Sweden (558K units), twofold. Germany (471K units) ranked third in terms of total exports with a 7.2% share.
From 2015 to 2023, the average annual growth rate of volume to Romania amounted to +17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+6.4% per year) and Germany (-20.8% per year).
In value terms, France ($4.8M), Germany ($4.1M) and Spain ($3.8M) constituted the largest markets for ballast for discharge lamp exported from Italy worldwide, with a combined 28% share of total exports. Sweden, Romania, the Netherlands, India, Poland, Belgium and Finland lagged somewhat behind, together accounting for a further 27%.
Among the main countries of destination, India, with a CAGR of +47.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the ballast for discharge lamp price amounted to $6.9 per unit (FOB, Italy), with an increase of 7.8% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The export price peaked at $8.8 per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($37 per unit), while the average price for exports to Albania ($1.6 per unit) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for ballast for discharge lamp in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27115013 - Inductors for discharge lamps or tubes
- Prodcom 27115015 - Ballasts for discharge lamps or tubes (excluding inductors)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
