Austria: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Austria

The Austrian electric filament lamp market contracted to $X in 2021, which is down by -4.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 7.5% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Exports

Exports from Austria

In 2021, overseas shipments of electric filament lamps were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 13%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric filament lamp exports surged to $X in 2021. Overall, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 37% 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

Hungary (X units), Germany (X units) and the Czech Republic (X units) were the main destinations of electric filament lamp exports from Austria, together comprising 43% of total exports. Slovenia, Romania, Poland, Croatia, Switzerland, Slovakia, Serbia, Bulgaria, Italy and the Netherlands lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +9.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and the Czech Republic ($X) were the largest markets for electric filament lamp exported from Austria worldwide, together accounting for 38% of total exports. These countries were followed by Poland, Switzerland, Slovenia, Italy, Croatia, Slovakia, Romania, Serbia, Bulgaria and the Netherlands, which together accounted for a further 40%.

Poland, with a CAGR of +14.9%, recorded the highest growth rate of 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 electric filament lamp export price stood at $X per unit in 2021, growing by 31% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Bulgaria ($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 the Netherlands (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Austria

In 2021, the amount of electric filament lamps imported into Austria fell to X units, waning by -13.6% on the year before. In general, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 when imports increased by 3.1% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electric filament lamp imports rose markedly to $X in 2021. Over the period under review, imports recorded a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of electric filament lamp to Austria, with a 43% share of total imports. Moreover, electric filament lamp imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X units), twofold. The third position in this ranking was taken by Hungary (X units), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+9.4% per year) and Hungary (+2.3% per year).

In value terms, Germany ($X) constituted the largest supplier of electric filament lamps to Austria, comprising 52% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 7% share of total imports. It was followed by the Czech Republic, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+4.0% per year) and the Czech Republic (-7.1% per year).

Import Prices by Country

In 2021, the average electric filament lamp import price amounted to $X per unit, with an increase of 21% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric filament lamp import price increased by +65.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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 the United States ($X per unit), while the price for Luxembourg ($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 (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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