Bolivia: Electric Lamp Market 2024

Electric Lamp Market Size in Bolivia

The Bolivian electric lamp market fell rapidly to $X in 2022, which is down by X% 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). Over the period under review, consumption continues to indicate a mild downturn. Electric lamp consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Electric Lamp Exports

Exports from Bolivia

Electric lamp exports from Bolivia declined significantly to X units in 2022, with a decrease of X% on 2021 figures. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric lamp exports soared to $X in 2022. Over the period under review, exports recorded a abrupt curtailment. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for electric lamp exports from Bolivia, accounting for a X% share of total exports. Moreover, electric lamp exports to the United States exceeded the volume sent to the second major destination, Peru (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Chile (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for electric lamps exports from Bolivia, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

The average electric lamp export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Peru ($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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Lamp Imports

Imports into Bolivia

In 2022, imports of electric lamps into Bolivia dropped markedly to X units, shrinking by X% compared with 2021. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electric lamp imports fell sharply to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electric lamp supplier to Bolivia, accounting for a X% share of total imports. Moreover, electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and India (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average electric lamp import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then reduced 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 Brazil ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform