Estonia: Market for Ballasts For Discharge Lamps Or Tubes 2019

Market Size for Ballasts For Discharge Lamps Or Tubes in Estonia

The revenue of the ballast for discharge lamp market in Estonia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, ballast for discharge lamp consumption continues to indicate remarkable growth. The growth pace was the most rapid in 2016 when the market value increased by X% year-to-year. Over the period under review, the ballast for discharge lamp market reached its maximum level in 2018 and is likely to see steady growth in the near future.

Production of Ballasts For Discharge Lamps Or Tubes in Estonia

In value terms, ballast for discharge lamp production totaled $X in 2018 estimated in export prices. Overall, ballast for discharge lamp production continues to indicate remarkable growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Estonia ballast for discharge lamp production peaked in 2018 and is expected to retain its growth in the near future.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Estonia

Ballast for discharge lamp exports from Estonia totaled X units in 2018, going down by -X% against the previous year. In general, ballast for discharge lamp exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Over the period under review, ballast for discharge lamp exports attained their maximum at X units in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

In value terms, ballast for discharge lamp exports stood at $X in 2018. In general, ballast for discharge lamp exports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, ballast for discharge lamp exports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

China represented the main exporter of ballasts for discharge lamps or tubes in the world, with the volume of exports reaching X units, which was near X% of total exports in 2018. Germany (X units) ranks second in terms of the total exports with a X% share, followed by Poland (X%), Japan (X%) and Mexico (X%). Italy (X units), the U.S. (X units), China, Hong Kong SAR (X units), Thailand (X units) and India (X units) took a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to ballast for discharge lamp exports from China stood at -X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Japan (-X%), the U.S. (-X%), Germany (-X%), Poland (-X%), Mexico (-X%), Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Thailand (-X p.p.), Poland (-X p.p.), Mexico (-X p.p.), Germany (-X p.p.), China, Hong Kong SAR (-X p.p.) and China (-X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ballast for discharge lamp supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at -X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Mexico (-X% per year).

Export Prices by Country

In 2018, the ballast for discharge lamp export price in Estonia amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the ballast for discharge lamp export price continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2011 when the export price increased by X% against the previous year. Estonia export price peaked in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Estonia

Ballast for discharge lamp imports into Estonia totaled X units in 2018, going up by X% against the previous year. In general, ballast for discharge lamp imports continue to indicate remarkable growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, ballast for discharge lamp imports attained their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, ballast for discharge lamp imports totaled $X in 2018. In general, ballast for discharge lamp imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, ballast for discharge lamp imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units), distantly followed by China, Hong Kong SAR (X units), Germany (X units) and Mexico (X units) represented the largest importers of ballasts for discharge lamps or tubes, together constituting X% of total imports. Russia (X units), the Czech Republic (X units), Italy (X units), Turkey (X units), France (X units), Hungary (X units), Canada (X units) and India (X units) held a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to ballast for discharge lamp imports into the U.S. stood at -X%. At the same time, Hungary (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the Czech Republic (-X%), China, Hong Kong SAR (-X%), Russia (-X%), Canada (-X%), Mexico (-X%), Turkey (-X%), India (-X%), Germany (-X%), Italy (-X%) and France (-X%) illustrated a downward trend over the same period. Russia (-X p.p.), China, Hong Kong SAR (-X p.p.), India (-X p.p.), Turkey (-X p.p.), Mexico (-X p.p.), Italy (-X p.p.), France (-X p.p.), Germany (-X p.p.) and the U.S. (-X p.p.) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ballasts for discharge lamps or tubes into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

In the U.S., ballast for discharge lamp imports contracted by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The ballast for discharge lamp import price in Estonia stood at $X per unit in 2018, reducing by -X% against the previous year. Over the period under review, the ballast for discharge lamp import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. In that year, the import prices for ballasts for discharge lamps or tubes reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the import prices for ballasts for discharge lamps or tubes remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform