Bolivia: Lamp Holder Market 2024

Lamp Holder Market Size in Bolivia

The Bolivian lamp holder market declined modestly to $X in 2022, remaining stable against the previous year. Overall, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Lamp Holder Production in Bolivia

In value terms, lamp holder production stood at $X in 2022 estimated in export price. Over the period under review, production showed a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of 45%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Bolivia

In 2022, approx. X tons of lamp holders, plugs and sockets were exported from Bolivia; which is down by -72.1% on the year before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 879%. As a result, the exports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, lamp holder exports shrank dramatically to $X in 2022. Over the period under review, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 15,564%. As a result, the exports attained the peak of $X, and then fell remarkably in the following year.

Exports by Country

Argentina (X kg) was the main destination for lamp holder exports from Bolivia, accounting for a 2% share of total exports. Moreover, lamp holder exports to Argentina exceeded the volume sent to the second major destination, Brazil (X kg), sixfold. The Netherlands (X kg) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina amounted to +135.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+107.8% per year) and the Netherlands (+115.1% per year).

In value terms, Argentina ($X), Guyana ($X) and the United States ($X) appeared to be the largest markets for lamp holder exported from Bolivia worldwide, with a combined 60% share of total exports. Brazil, Ecuador and the Netherlands lagged somewhat behind, together accounting for a further 3.3%.

In terms of the main countries of destination, Ecuador, with a CAGR of +324.5%, recorded the highest rates of growth with regard to 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 lamp holder export price amounted to $X per ton, surging by 1,501% against the previous year. In general, the export price saw significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Bolivia

For the third year in a row, Bolivia recorded decline in supplies from abroad of lamp holders, plugs and sockets, which decreased by -62.8% to X tons in 2022. Overall, imports saw a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lamp holder imports declined rapidly to $X in 2022. Over the period under review, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 32%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest lamp holder supplier to Bolivia, accounting for a 3.5% share of total imports. Moreover, lamp holder imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was held by Peru (X tons), with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.3% per year) and Peru (-6.8% per year).

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Bolivia, comprising 49% of total imports. The second position in the ranking was held by Brazil ($X), with a 22% share of total imports. It was followed by Argentina, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+9.9% per year) and Argentina (-10.9% per year).

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, rising by 33% against the previous year. In general, the import price recorded strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform