United Kingdom: Electric Lamp Market 2024

Electric Lamp Market Size in the UK

The UK electric lamp market declined dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Lamp Production in the UK

In value terms, electric lamp production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Electric Lamp Exports

Exports from the UK

In 2022, overseas shipments of electric lamps increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric lamp exports rose sharply to $X in 2022. Over the period under review, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Angola (X units) and Hong Kong SAR (X units) were the main destinations of electric lamp exports from the UK, with a combined X% share of total exports. Ireland, France, the United States, Cote d'Ivoire, Belgium, the Netherlands, Italy, Barbados, Romania and Finland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, 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 X%), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), the United States ($X) and Germany ($X) constituted the largest markets for electric lamp exported from the UK worldwide, together comprising X% of total exports. Hong Kong SAR, Italy, France, Ireland, the Netherlands, Belgium, Cote d'Ivoire, Barbados, Finland and Romania lagged somewhat behind, together accounting for a further X%.

Cote d'Ivoire, with a CAGR of X%, recorded 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 more modest paces of growth.

Export Prices by Country

In 2022, the average electric lamp export price amounted to $X per unit, picking up by X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric lamp export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Barbados (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into the UK

In 2022, approx. X units of electric lamps were imported into the UK; waning by X% on the previous year's figure. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports declined remarkably to $X in 2022. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of electric lamp imports to the UK, together accounting for X% of total imports. India, Hungary, Ukraine, Romania, France, Japan and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of electric lamps to the UK, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Taiwan (Chinese) totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average electric lamp import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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