Benelux: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Benelux

In 2021, the Benelux electronic lamp machine market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Electronic Lamp Machine Production in Benelux

In value terms, electronic lamp machine production amounted to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Electronic Lamp Machine Exports

Exports in Benelux

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs exported in Benelux totaled X units, increasing by 13% compared with the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 156%. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, electronic lamp machine exports declined dramatically to $X in 2021. Overall, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 233% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium represented the largest exporter of machines for electric or electronic lamps, tubes, valves or flashbulbs in Benelux, with the volume of exports resulting at X units, which was near 81% of total exports in 2021. It was distantly followed by the Netherlands (X units), making up a 19% share of total exports.

Belgium was also the fastest-growing in terms of the machines for electric or electronic lamps, tubes, valves or flashbulbs exports, with a CAGR of +45.6% from 2012 to 2021. The Netherlands (-16.6%) illustrated a downward trend over the same period. While the share of Belgium (+78 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-78.4 p.p.) displayed negative dynamics.

In value terms, the largest electronic lamp machine supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of +14.0%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, declining by -31.3% against the previous year. Overall, the export price faced a deep slump. The growth pace was the most rapid in 2018 an increase of 425% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.0%).

Electronic Lamp Machine Imports

Imports in Benelux

In 2021, supplies from abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs increased by 128% to X units, rising for the second consecutive year after two years of decline. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 320% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, electronic lamp machine imports surged to $X in 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 317%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Belgium (X units) and the Netherlands (X units) dominates imports structure, together achieving 93% of total imports. It was distantly followed by Luxembourg (X units), mixing up a 6.7% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +44.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest electronic lamp machine importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +29.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, waning by -38.3% against the previous year. Over the period under review, the import price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2015 an increase of 119% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+36.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform