Brazil: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in Brazil

In 2021, the Brazilian ballast for discharge lamp market was finally on the rise to reach $X after six years of decline. In general, consumption, however, showed a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in Brazil

In value terms, ballast for discharge lamp production amounted to $X in 2021 estimated in export price. In general, production, however, saw a deep downturn. The growth pace was the most rapid in 2014 with an increase of 14%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Brazil

Ballast for discharge lamp exports from Brazil declined sharply to X units in 2021, which is down by -71.5% on the year before. Over the period under review, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2013 with an increase of 61% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports shrank sharply to $X in 2021. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2013 with an increase of 95%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for ballast for discharge lamp exports from Brazil, accounting for a 64% share of total exports. Moreover, ballast for discharge lamp exports to Paraguay exceeded the volume sent to the second major destination, Panama (X units), threefold. The third position in this ranking was held by Belgium (X units), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Paraguay amounted to -19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+93.9% per year) and Belgium (+11.0% per year).

In value terms, Paraguay ($X) remains the key foreign market for ballast for discharge lamp exports from Brazil, comprising 63% of total exports. The second position in the ranking was taken by Panama ($X), with a 13% share of total exports. It was followed by Belgium, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay totaled -12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+107.5% per year) and Belgium (+15.1% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, jumping by 24% against the previous year. Overall, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ballast for discharge lamp export price increased by +81.4% against 2015 indices. As a result, the export price reached 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 France ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Brazil

In 2021, after eight years of decline, there was significant growth in purchases abroad of ballasts for discharge lamps or tubes, when their volume increased by 25% to X units. In general, imports, however, saw a dramatic curtailment. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ballast for discharge lamp imports soared to $X in 2021. Over the period under review, imports, however, showed a precipitous setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ballast for discharge lamp to Brazil, with a 81% share of total imports. Moreover, ballast for discharge lamp imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was held by South Korea (X units), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+17.6% per year) and South Korea (+22.3% per year).

In value terms, the largest ballast for discharge lamp suppliers to Brazil were Italy ($X), China ($X) and Germany ($X), with a combined 55% share of total imports.

Among the main suppliers, Italy, with a CAGR of +24.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, growing by 37% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 44%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :