Denmark: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Denmark

In 2021, the Danish electric filament lamp market decreased by -7.1% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, enjoyed a buoyant increase. Electric filament lamp consumption peaked at $X in 2020, and then reduced in the following year.

Electric Filament Lamp Production in Denmark

In value terms, electric filament lamp production dropped rapidly to $X in 2021 estimated in export price. In general, production recorded a dramatic shrinkage. The growth pace was the most rapid in 2017 with an increase of 93% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then fell dramatically in the following year.

Electric Filament Lamp Exports

Exports from Denmark

In 2021, the amount of electric filament lamps exported from Denmark surged to X units, increasing by 21% compared with the previous year's figure. Over the period under review, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 97% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports skyrocketed to $X in 2021. In general, total exports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -5.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 85%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for electric filament lamp exports from Denmark, with a 20% share of total exports. Moreover, electric filament lamp exports to Germany exceeded the volume sent to the second major destination, Sweden (X units), eightfold. The third position in this ranking was held by Faroe Islands (X units), with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-5.8% per year) and Faroe Islands (+5.2% per year).

In value terms, Germany ($X) remains the key foreign market for electric filament lamps exports from Denmark, comprising 65% of total exports. The second position in the ranking was taken by Sweden ($X), with an 8% share of total exports. It was followed by Norway, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-3.9% per year) and Norway (-8.7% per year).

Export Prices by Country

The average electric filament lamp export price stood at $X per unit in 2021, surging by 4.1% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 when the average export price increased by 52%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Poland ($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 Sweden (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Filament Lamp Imports

Imports into Denmark

In 2021, after two years of growth, there was decline in overseas purchases of electric filament lamps, when their volume decreased by -3.5% to X units. In general, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2019 with an increase of 333%. Over the period under review, imports reached the peak figure at X units in 2020, and then reduced in the following year.

In value terms, electric filament lamp imports dropped to $X in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when imports increased by 0.1% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Sweden (X units) and the Netherlands (X units) were the main suppliers of electric filament lamp imports to Denmark, together accounting for 6% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +16.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric filament lamp suppliers to Denmark were Sweden ($X), Germany ($X) and China ($X), together accounting for 67% of total imports. These countries were followed by Belgium, the Netherlands, France, Poland and Hungary, which together accounted for a further 25%.

Hungary, with a CAGR of +20.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average electric filament lamp import price amounted to less than $X per unit, dropping by -4% against the previous year. In general, the import price showed a dramatic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 9.4%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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