Egypt: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in Egypt

In 2021, the Egyptian fluorescent discharge lamps market decreased by -79.5% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a deep slump. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Fluorescent Discharge Lamps Exports

Exports from Egypt

In 2021, approx. X units of fluorescent discharge lamps were exported from Egypt; increasing by 110% compared with 2020 figures. Over the period under review, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 662%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, fluorescent discharge lamps exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for fluorescent discharge lamps exports from Egypt, accounting for a 55% share of total exports. Moreover, fluorescent discharge lamps exports to Saudi Arabia exceeded the volume sent to the second major destination, Syrian Arab Republic (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia amounted to -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (-9.7% per year) and Mozambique (0.0% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for fluorescent discharge lamps exports from Egypt, comprising 77% of total exports. The second position in the ranking was held by Syrian Arab Republic ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (-10.4% per year) and Mozambique (0.0% per year).

Export Prices by Country

In 2021, the average fluorescent discharge lamps export price amounted to $X per unit, with an increase of 29% against the previous year. Overall, the export price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 319%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Mozambique ($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 Djibouti (+131.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Discharge Lamps Imports

Imports into Egypt

In 2021, purchases abroad of fluorescent discharge lamps decreased by -81% to X units, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 78%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, fluorescent discharge lamps imports reduced notably to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 82%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X units), China (X units) and Germany (X units) were the main suppliers of fluorescent discharge lamps imports to Egypt, together accounting for 94% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of -0.8%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of fluorescent discharge lamps to Egypt, comprising 44% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports. It was followed by Slovakia, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-8.0% per year) and Slovakia (-21.7% per year).

Import Prices by Country

In 2021, the average fluorescent discharge lamps import price amounted to $X per unit, rising by 27% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fluorescent discharge lamps import price increased by +15.5% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+38.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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