Belarus: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Belarus

After two years of growth, the Belarusian electric filament lamp market decreased by -2.4% to $X in 2021. In general, consumption saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 5.7%. Electric filament lamp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electric Filament Lamp Production in Belarus

In value terms, electric filament lamp production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production recorded a deep downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 9.6% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Electric Filament Lamp Exports

Exports from Belarus

In 2021, the amount of electric filament lamps exported from Belarus shrank to X units, which is down by -6.3% on the year before. Over the period under review, exports continue to indicate a abrupt shrinkage. The smallest decline of -2.5% was in 2020. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric filament lamp exports shrank to $X in 2021. Overall, exports faced a precipitous curtailment. The growth pace was the most rapid in 2013 when exports increased by 5.6%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for electric filament lamp exports from Belarus, with a 173% share of total exports. It was followed by Lithuania (X units), with a 4.3% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Russia totaled -12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-18.4% per year) and Ukraine (-53.2% per year).

In value terms, Russia ($X) remains the key foreign market for electric filament lamps exports from Belarus, comprising 92% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 4.2% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Russia amounted to -21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-20.6% per year) and Ukraine (-52.2% per year).

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2020, increasing by 2.3% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 16%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.1%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports

Imports into Belarus

Electric filament lamp imports into Belarus expanded modestly to X units in 2021, increasing by 3% against the year before. Over the period under review, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2015 when imports increased by 34%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric filament lamp imports expanded notably to $X in 2021. In general, imports, however, faced a abrupt shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest electric filament lamp supplier to Belarus, accounting for a 60% share of total imports. Moreover, electric filament lamp imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold. The third position in this ranking was held by Germany (X units), with a 2.7% share.

From 2012 to 2020, the average annual growth rate of volume from China amounted to -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-4.9% per year) and Germany (-9.7% per year).

In value terms, Russia ($X) constituted the largest supplier of electric filament lamps to Belarus, comprising 75% of total imports. The second position in the ranking was held by China ($X), with a 12% share of total imports. It was followed by Germany, with a 4.4% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Russia stood at -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.8% per year) and Germany (-17.7% per year).

Import Prices by Country

The average electric filament lamp import price stood at $X per unit in 2020, reducing by -8.1% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 30%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hungary (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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