Belgium: Market for Special-Purpose Electric Lamps and Lighting Fittings 2025

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Belgium

The Belgian market for special-purpose electric lamps and lighting fittings stood at $X in 2022, growing by 2.7% 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, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -20.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of special-purpose electric lamps and lighting fittings, when their volume decreased by -8.3% to X units. Over the period under review, exports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 213% against the previous year. Over the period under review, the exports of hit record highs at X units in 2021, and then declined in the following year.

In value terms, exports of special-purpose electric lamps and lighting fittings reduced to $X in 2022. Overall, exports, however, saw a slight increase. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

The Netherlands (X units), France (X units) and Germany (X units) were the main destinations of exports of special-purpose electric lamps and lighting fittings from Belgium, together comprising 68% of total exports. Luxembourg, the UK, Italy, Denmark, Spain, Sweden and the Czech Republic lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Luxembourg (with a CAGR of +17.2%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest markets for special-purpose electric lamp and lighting fitting exported from Belgium worldwide, with a combined 62% share of total exports. Luxembourg, the UK, Spain, Italy, Sweden, Denmark and the Czech Republic lagged somewhat behind, together comprising a further 19%.

Luxembourg, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of exports, in terms of 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 export price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, reducing by -3.7% against the previous year. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 36% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Belgium

After four years of growth, supplies from abroad of special-purpose electric lamps and lighting fittings decreased by -2% to X units in 2022. Over the period under review, imports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. Imports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings declined to $X in 2022. Overall, imports, however, posted pronounced growth. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

The Netherlands (X units), China (X units) and Germany (X units) were the main suppliers of imports of special-purpose electric lamps and lighting fittings to Belgium, together comprising 62% of total imports. Poland, Spain, France, Hungary, Italy and Portugal lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +30.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest special-purpose electric lamp and lighting fitting suppliers to Belgium were the Netherlands ($X), China ($X) and Poland ($X), with a combined 56% share of total imports. Germany, Spain, France, Italy, Hungary and Portugal lagged somewhat behind, together accounting for a further 33%.

Among the main suppliers, Spain, with a CAGR of +31.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for special-purpose electric lamps and lighting fittings amounted to $X per unit, shrinking by -6.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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