Eastern Europe: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Eastern Europe

The East European lamp plastic parts market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Lamp Plastic Parts Production in Eastern Europe

In value terms, lamp plastic parts production declined to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Lamp Plastic Parts Exports

Exports in Eastern Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of plastic parts for lamps and lighting fittings, when their volume increased by 5.5% to X tons. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 9.6% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, lamp plastic parts exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Hungary (X tons), the Czech Republic (X tons), Slovakia (X tons), Estonia (X tons) and Poland (X tons), together finishing at 89% of total export. It was distantly followed by Belarus (X tons), making up a 5.8% share of total exports. Lithuania (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +25.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Hungary ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 69% share of total exports. These countries were followed by Slovakia, Estonia, Lithuania and Belarus, which together accounted for a further 26%.

Among the main exporting countries, Lithuania, with a CAGR of +19.0%, recorded the highest growth rate of 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

The export price in Eastern Europe stood at $X per ton in 2021, rising by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2018 when the export price increased by 17% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.9%), while the other leaders experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports in Eastern Europe

In 2021, the amount of plastic parts for lamps and lighting fittings imported in Eastern Europe amounted to X tons, with an increase of 5.4% compared with the previous year. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -18.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 13% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, lamp plastic parts imports skyrocketed to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of lamp plastic parts imports in 2021 were Poland (X tons), Estonia (X tons), Russia (X tons) and Romania (X tons), together accounting for 74% of total import. Hungary (X tons) held a 7.7% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (5.4%). Slovakia (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +23.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Romania ($X) and Russia ($X) were the countries with the highest levels of imports in 2021, together accounting for 58% of total imports. These countries were followed by Estonia, Hungary, the Czech Republic and Slovakia, which together accounted for a further 32%.

Estonia, with a CAGR of +16.0%, saw the highest rates of growth with regard to 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

In 2021, the import price in Eastern Europe amounted to $X per ton, rising by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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