Iceland: Market for Ballasts For Discharge Lamps Or Tubes 2019

Market Size for Ballasts For Discharge Lamps Or Tubes in Iceland

The revenue of the ballast for discharge lamp market in Iceland amounted to $X in 2018, coming down by -X% 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, ballast for discharge lamp consumption continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, the ballast for discharge lamp market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Iceland

In 2018, the amount of ballasts for discharge lamps or tubes exported from Iceland amounted to X units, coming down by -X% against the previous year. Over the period under review, ballast for discharge lamp exports continue to indicate a sharp descent. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. In that year, ballast for discharge lamp exports attained their peak of X units. From 2010 to 2018, the growth of ballast for discharge lamp exports remained at a somewhat lower figure.

In value terms, ballast for discharge lamp exports stood at $X in 2018. Over the period under review, ballast for discharge lamp exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X units) represented the largest exporter of ballasts for discharge lamps or tubes, committing X% of total exports. It was distantly followed by Germany (X units), Poland (X units), Japan (X units) and Mexico (X units), together committing a X% share of total exports. Italy (X units), the U.S. (X units), China, Hong Kong SAR (X units), Thailand (X units) and India (X units) followed a long way behind the leaders.

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. 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.) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms 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 Iceland amounted to $X per unit, dropping by -X% against the previous year. In general, the ballast for discharge lamp export price, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the export prices for ballasts for discharge lamps or tubes reached their maximum at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; 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 Iceland

Ballast for discharge lamp imports into Iceland amounted to X units in 2018, going down by -X% against the previous year. Overall, ballast for discharge lamp imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Iceland imports peaked at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, ballast for discharge lamp imports amounted to $X in 2018. Overall, ballast for discharge lamp imports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, ballast for discharge lamp imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

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) were the main importers of ballasts for discharge lamps or tubes, together creating 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) followed a long way behind the leaders.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. 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. ($X) constitutes the largest market for imported ballasts for discharge lamps or tubes into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($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 declined by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The ballast for discharge lamp import price in Iceland stood at $X per unit in 2018, going down by -X% against the previous year. In general, the ballast for discharge lamp import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2012 when the import price increased by X% against the previous year. In that year, the import prices for ballasts for discharge lamps or tubes reached their peak level of $X per unit. From 2013 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