Austria: Market for Parts For Electric Filament Or Discharge Lamps 2024

Market Size for Parts For Electric Filament Or Discharge Lamps in Austria

In 2022, the Austrian electric filament lamp parts market increased by 12% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, faced a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Parts For Electric Filament Or Discharge Lamps in Austria

In value terms, electric filament lamp parts production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2014 when the production volume increased by 123% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Parts For Electric Filament Or Discharge Lamps

Exports from Austria

In 2022, shipments abroad of parts for electric filament or discharge lamps decreased by -24.5% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 55% against the previous year. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, electric filament lamp parts exports declined to $X in 2022. In general, exports showed a deep slump. The growth pace was the most rapid in 2021 when exports increased by 53% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Turkey (X tons) and China (X tons) were the main destinations of electric filament lamp parts exports from Austria, together accounting for 68% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +44.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for parts for electric filament or discharge lamps exports from Austria, comprising 56% of total exports. The second position in the ranking was taken by China ($X), with an 18% share of total exports. It was followed by Japan, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-8.1% per year) and Japan (-11.3% per year).

Export Prices by Country

The average electric filament lamp parts export price stood at $X per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 28%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Parts For Electric Filament Or Discharge Lamps

Imports into Austria

For the third year in a row, Austria recorded growth in purchases abroad of parts for electric filament or discharge lamps, which increased by 19% to X tons in 2022. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 40% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electric filament lamp parts imports reduced remarkably to $X in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of electric filament lamp parts to Austria, accounting for a 84% share of total imports. Moreover, electric filament lamp parts imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+60.5% per year) and Italy (-0.7% per year).

In value terms, Germany ($X) constituted the largest supplier of parts for electric filament or discharge lamps to Austria, comprising 67% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 9.1% share of total imports. It was followed by Italy, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-18.0% per year) and Italy (+9.0% per year).

Import Prices by Country

The average electric filament lamp parts import price stood at $X per ton in 2022, with a decrease of -47.4% against the previous year. Overall, the import price, however, showed resilient growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 102% against the previous year. The import price peaked at $X per ton in 2021, and then fell significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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