Hungary: Portable Electric Lamp Market 2025

Portable Electric Lamp Market Size in Hungary

The Hungarian portable electric lamp market expanded modestly to $X in 2022, picking up by 3.5% 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). Over the period under review, consumption, however, saw a slight descent. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Portable Electric Lamp Exports

Exports from Hungary

In 2022, the amount of portable electric lamps exported from Hungary dropped to X units, reducing by -5.6% compared with 2021. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 20%. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, portable electric lamp exports declined to $X in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 64%. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

Romania (X units), France (X units) and Slovakia (X units) were the main destinations of portable electric lamp exports from Hungary, with a combined 56% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +34.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for portable electric lamps exports from Hungary, comprising 69% of total exports. The second position in the ranking was taken by Romania ($X), with an 8% share of total exports. It was followed by Slovakia, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +71.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+6.6% per year) and Slovakia (+10.6% per year).

Export Prices by Country

The average portable electric lamp export price stood at $X per unit in 2022, which is down by -4% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 72%. The export price peaked at $X per unit in 2021, and then dropped modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Portable Electric Lamp Imports

Imports into Hungary

In 2022, overseas purchases of portable electric lamps were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 98%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, portable electric lamp imports rose modestly to $X in 2022. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 25%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest portable electric lamp supplier to Hungary, with a 63% share of total imports. Moreover, portable electric lamp imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Jordan (X units), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.3% per year) and Jordan (0.0% per year).

In value terms, China ($X), Germany ($X) and Jordan ($X) were the largest portable electric lamp suppliers to Hungary, with a combined 64% share of total imports. Austria, France, Poland, the Netherlands, Spain and the United Arab Emirates lagged somewhat behind, together accounting for a further 20%.

The United Arab Emirates, with a CAGR of +164.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average portable electric lamp import price amounted to $X per unit, approximately reflecting the previous year. In general, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 65% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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