Greece: Market for Parts For Electric Filament Or Discharge Lamps 2025

Market Size for Parts For Electric Filament Or Discharge Lamps in Greece

The Greek electric filament lamp parts market reduced remarkably to $X in 2022, dropping by -47.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt slump. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Exports of Parts For Electric Filament Or Discharge Lamps

Exports from Greece

In 2022, shipments abroad of parts for electric filament or discharge lamps decreased by -29.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 29,000% against the previous year. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, electric filament lamp parts exports contracted to $X in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 24,102%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Cyprus (X tons) was the main destination for electric filament lamp parts exports from Greece, with a 76% share of total exports. Moreover, electric filament lamp parts exports to Cyprus exceeded the volume sent to the second major destination, Hungary (X kg), eightfold. Bulgaria (X kg) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume to Cyprus totaled +59.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-48.3% per year) and Bulgaria (+26.1% per year).

In value terms, Cyprus ($X) remains the key foreign market for parts for electric filament or discharge lamps exports from Greece, comprising 67% of total exports. The second position in the ranking was held by Bahrain ($X), with a 6.3% share of total exports. It was followed by the United Arab Emirates, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus totaled +53.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (0.0% per year) and the United Arab Emirates (0.0% per year).

Export Prices by Country

The average electric filament lamp parts export price stood at $X per ton in 2022, surging by 29% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 78% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+302.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts For Electric Filament Or Discharge Lamps

Imports into Greece

After two years of growth, overseas purchases of parts for electric filament or discharge lamps decreased by -45.9% to X tons in 2022. Overall, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 129% against the previous year. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, electric filament lamp parts imports fell significantly to $X in 2022. Over the period under review, imports saw a perceptible reduction. The growth pace was the most rapid in 2021 when imports increased by 160% against the previous year. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

China (X tons), Lithuania (X tons) and Italy (X tons) were the main suppliers of electric filament lamp parts imports to Greece, together accounting for 56% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +171.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric filament lamp parts suppliers to Greece were China ($X), Lithuania ($X) and Bulgaria ($X), together comprising 52% of total imports.

Lithuania, with a CAGR of +187.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric filament lamp parts import price stood at $X per ton in 2022, rising by 2.9% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric filament lamp parts import price decreased by -13.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 45%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :