Austria: Lamp Holder Market 2024

Lamp Holder Market Size in Austria

The Austrian lamp holder market dropped remarkably to $X in 2022, falling by -94.4% against the previous year. Overall, consumption faced a drastic downturn. As a result, consumption attained the peak level of $X, and then plummeted in the following year.

Lamp Holder Production in Austria

In value terms, lamp holder production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports from Austria

For the seventh consecutive year, Austria recorded growth in shipments abroad of lamp holders, plugs and sockets, which increased by 0.1% to X tons in 2022. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, lamp holder exports contracted slightly to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. The exports peaked at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Germany (X tons) was the main destination for lamp holder exports from Austria, with a 0.4% share of total exports. Moreover, lamp holder exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), fivefold. Hungary (X tons) ranked third in terms of total exports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+5.9% per year) and Hungary (-0.3% per year).

In value terms, Germany ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Austria, comprising 42% of total exports. The second position in the ranking was held by Hungary ($X), with a 6.7% share of total exports. It was followed by the United States, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+2.4% per year) and the United States (+9.3% per year).

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, which is down by -4.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2017 an increase of 9.6%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then contracted modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Austria

After two years of growth, overseas purchases of lamp holders, plugs and sockets decreased by -56.2% to X tons in 2022. In general, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, lamp holder imports rose slightly to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of lamp holder to Austria, accounting for a 0.2% share of total imports. Moreover, lamp holder imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), sixfold. The third position in this ranking was taken by Hungary (X tons), with less than 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+4.0% per year) and Hungary (+21.3% per year).

In value terms, Germany ($X) constituted the largest supplier of lamp holders, plugs and sockets to Austria, comprising 57% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 7% share of total imports. It was followed by the Czech Republic, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+6.6% per year) and the Czech Republic (+20.2% per year).

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, declining by -56% against the previous year. In general, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 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 the Netherlands ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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