EU: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in the EU

The EU ballast for discharge lamp market contracted dramatically to $X in 2021, declining by -35.8% against the previous year. In general, consumption, however, recorded a strong increase. As a result, consumption attained the peak level of $X, and then contracted significantly in the following year.

Production of Ballasts For Discharge Lamps Or Tubes in the EU

In value terms, ballast for discharge lamp production shrank notably to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 when the production volume increased by 43%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports in the EU

Ballast for discharge lamp exports totaled X units in 2021, flattening at the year before. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ballast for discharge lamp exports rose rapidly to $X in 2021. The total export value increased at an average annual rate of +10.1% over the period from 2020 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) and Poland (X units) represented roughly 55% of total exports in 2021. Germany (X units) ranks next in terms of the total exports with a 15% share, followed by Bulgaria (13%) and Spain (5%). The following exporters - Denmark (X units) and the Netherlands (X units) - each recorded a 4.1% share of total exports.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Denmark (with a CAGR of +37.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest ballast for discharge lamp supplying countries in the European Union were Italy ($X), Germany ($X) and Poland ($X), with a combined 72% share of total exports. These countries were followed by the Netherlands, Bulgaria, Spain and Denmark, which together accounted for a further 15%.

Denmark, with a CAGR of +168.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, growing by 10% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +10.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+94.4%), while the other leaders experienced more modest paces of growth.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports in the EU

In 2021, imports of ballasts for discharge lamps or tubes in the European Union stood at X units, almost unchanged from the year before. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ballast for discharge lamp imports rose sharply to $X in 2021. The total import value increased at an average annual rate of +14.1% over the period from 2020 to 2021; the trend pattern remained relatively stable, with somewhat 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

In 2021, Spain (X units), Germany (X units) and Poland (X units) represented the main importer of ballasts for discharge lamps or tubes in the European Union, achieving 49% of total import. It was distantly followed by the Netherlands (X units), Italy (X units), Denmark (X units), the Czech Republic (X units) and France (X units), together mixing up a 27% share of total imports. The following importers - Estonia (X units), Sweden (X units), Portugal (X units), Hungary (X units) and Slovakia (X units) - together made up 13% of total imports.

From 2020 to 2021, the biggest increases were in Denmark (with a CAGR of +105.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ballast for discharge lamp importing markets in the European Union were Spain ($X), Germany ($X) and Poland ($X), with a combined 44% share of total imports.

Among the main importing countries, Spain, with a CAGR of +142.0%, recorded the highest growth rate of the value of imports, 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 the European Union stood at $X per unit in 2021, increasing by 13% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +13.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+438.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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