Eastern Europe: Photographic Flashbulb Market 2024

Photographic Flashbulb Market Size in Eastern Europe

In 2021, the East European photographic flashbulb market increased by 7% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Photographic Flashbulb Production in Eastern Europe

In value terms, photographic flashbulb production amounted to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 7.1%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Photographic Flashbulb Exports

Exports in Eastern Europe

In 2021, the amount of photographic flashbulbs and flashcubes exported in Eastern Europe surged to X units, increasing by 83% against the previous year's figure. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2014 with an increase of 140% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, photographic flashbulb exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Lithuania (X units) was the major exporter of photographic flashbulbs and flashcubes, creating 49% of total exports. Poland (X units) took the second position in the ranking, distantly followed by the Czech Republic (X units). All these countries together took approx. 43% share of total exports. Russia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Russia (with a CAGR of +84.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the largest photographic flashbulb supplier in Eastern Europe, comprising 60% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total exports. It was followed by Lithuania, with a 12% share.

In Poland, photographic flashbulb exports contracted by an average annual rate of -21.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+33.0% per year) and Lithuania (+52.1% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, dropping by -24.6% against the previous year. Over the period under review, the export price showed a significant curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by 48% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-4.5%), while the other leaders experienced a decline in the export price figures.

Photographic Flashbulb Imports

Imports in Eastern Europe

In 2021, overseas purchases of photographic flashbulbs and flashcubes increased by 29% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, imports continue to indicate pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of 94%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, photographic flashbulb imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 116% against the previous year. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X units), Hungary (X units) and Slovakia (X units) represented the largest importer of photographic flashbulbs and flashcubes in Eastern Europe, committing 62% of total import. Lithuania (X units) ranks next in terms of the total imports with a 10% share, followed by Russia (9.6%), Romania (5.5%) and the Czech Republic (5.4%).

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +62.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest photographic flashbulb importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Lithuania ($X), together accounting for 56% of total imports.

Lithuania, with a CAGR of +40.1%, saw the highest growth rate of the value of imports, among 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

The import price in Eastern Europe stood at $X per unit in 2021, which is down by -10.9% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the import price increased by 104% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (-7.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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