EU: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in the EU

In 2022, the EU portable electric lamp market increased by 11% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Portable Electric Lamp Production in the EU

In value terms, portable electric lamp production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Portable Electric Lamp Exports

Exports in the EU

Portable electric lamp exports dropped to X units in 2022, falling by -4.8% against the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, the exports attained the peak of X units, and then reduced slightly in the following year.

In value terms, portable electric lamp exports declined to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2015 indices. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Germany (X units) and the Netherlands (X units) represented roughly 45% of total exports in 2022. Poland (X units) held a 7.8% share (based on physical terms) of total exports, which put it in second place, followed by France (7.6%), Spain (7.6%) and the Czech Republic (7.5%). Austria (X units), Belgium (X units), Sweden (X units), Italy (X units), Greece (X units) and Denmark (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest portable electric lamp supplying countries in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 55% share of total exports. Poland, Spain, the Czech Republic, Denmark, Italy, Austria, Sweden, Belgium and Greece lagged somewhat behind, together accounting for a further 39%.

Among the main exporting countries, Poland, with a CAGR of +23.2%, recorded the highest rates of growth with regard to 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 the European Union stood at $X per unit in 2022, waning by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. The level of export peaked at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+9.4%), while the other leaders experienced more modest paces of growth.

Portable Electric Lamp Imports

Imports in the EU

In 2022, overseas purchases of portable electric lamps increased by 1.6% to X units, rising for the second consecutive year after three years of decline. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, portable electric lamp imports expanded to $X in 2022. The total import value increased at an average annual rate of +4.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Germany (X units), distantly followed by France (X units), the Netherlands (X units), Spain (X units), Italy (X units) and Poland (X units) represented the key importers of portable electric lamps, together comprising 69% of total imports. The Czech Republic (X units), Austria (X units), Belgium (X units), Sweden (X units), Denmark (X units), Hungary (X units) and Romania (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +9.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, together comprising 49% of total imports.

Among the main importing countries, Poland, with a CAGR of +18.9%, saw 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 2022, increasing by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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