Belgium: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in Belgium

The Belgian ballast for discharge lamp market reduced remarkably to $X in 2021, falling by -16.8% against the previous year. Overall, consumption saw a deep downturn. Ballast for discharge lamp consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Production of Ballasts For Discharge Lamps Or Tubes in Belgium

In value terms, ballast for discharge lamp production fell significantly to $X in 2021 estimated in export price. In general, production recorded a sharp contraction. Over the period under review, production attained the maximum level at $X in 2020, and then shrank rapidly in the following year.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Belgium

Ballast for discharge lamp exports from Belgium contracted rapidly to X units in 2021, shrinking by -29.4% on the previous year's figure. Overall, exports recorded a significant decline. Over the period under review, the exports reached the peak figure at X units in 2020, and then fell dramatically in the following year.

In value terms, ballast for discharge lamp exports totaled $X in 2021. The total export value increased at an average annual rate of +5.5% over the period from 2020 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of ballast for discharge lamp exports from Belgium, together accounting for 64% of total exports. These countries were followed by Italy, Luxembourg, Sweden, Spain, Poland, the United States, China, Switzerland, Lithuania and the Czech Republic, which together accounted for a further 24%.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +189.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the largest markets for ballast for discharge lamp exported from Belgium worldwide, together comprising 52% of total exports. These countries were followed by Spain, Sweden, the United States, Italy, Luxembourg, China, Switzerland, Poland, Lithuania and the Czech Republic, which together accounted for a further 33%.

In terms of the main countries of destination, the United States, with a CAGR of +360.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ballast for discharge lamp export price amounted to $X per unit, increasing by 49% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2021: its price increased at an average annual rate of +49.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+352.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Belgium

In 2021, imports of ballasts for discharge lamps or tubes into Belgium skyrocketed to X units, increasing by 26% on 2020 figures. The total import volume increased at an average annual rate of +25.9% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ballast for discharge lamp imports soared to $X in 2021. The total import value increased at an average annual rate of +24.8% from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X units), Poland (X units) and China (X units) were the main suppliers of ballast for discharge lamp imports to Belgium, together comprising 61% of total imports. These countries were followed by Germany, Italy, the Netherlands and the UK, which together accounted for a further 34%.

From 2020 to 2021, the biggest increases were in the UK (with a CAGR of +285.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ballast for discharge lamp suppliers to Belgium were Poland ($X), Germany ($X) and France ($X), together accounting for 67% of total imports. The Netherlands, Italy, China and the UK lagged somewhat behind, together accounting for a further 24%.

The UK, with a CAGR of +293.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ballast for discharge lamp import price stood at $X per unit in 2021, remaining constant against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then reduced slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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