Israel: Lamp Holder Market 2024

Lamp Holder Market Size in Israel

In 2022, the Israeli lamp holder market decreased by -15.9% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then reduced notably in the following year.

Lamp Holder Production in Israel

In value terms, lamp holder production amounted to $X in 2022 estimated in export price. Overall, production showed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 136% against the previous year. Lamp holder production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Lamp Holder Exports

Exports from Israel

In 2022, the amount of lamp holders, plugs and sockets exported from Israel soared to X tons, picking up by 91% on 2021. In general, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 239%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, lamp holder exports skyrocketed to $X in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 275% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons), India (X tons) and France (X tons) were the main destinations of lamp holder exports from Israel, together accounting for 0.4% of total exports. China, Singapore, Germany, Hong Kong SAR, the Netherlands, Luxembourg, the UK, Hungary and Colombia lagged somewhat behind, together accounting for a further 0.3%.

From 2012 to 2021, the biggest increases were recorded for Luxembourg (with a CAGR of +93.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), India ($X) and France ($X) were the largest markets for lamp holder exported from Israel worldwide, together accounting for 41% of total exports. China, the UK, Singapore, Germany, Hong Kong SAR, the Netherlands, Luxembourg, Hungary and Colombia lagged somewhat behind, together accounting for a further 30%.

In terms of the main countries of destination, Luxembourg, with a CAGR of +67.6%, saw 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 average lamp holder export price stood at $X per ton in 2021, increasing by 6% against the previous year. Overall, the export price saw slight growth. The most prominent rate of growth was recorded in 2015 an increase of 20%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Israel

In 2022, the amount of lamp holders, plugs and sockets imported into Israel plummeted to X tons, reducing by -32.3% compared with 2021 figures. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 9.6% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lamp holder imports declined markedly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of lamp holder imports to Israel, with a combined 0.6% share of total imports. France, Italy, Japan, Mexico, the UK, Taiwan (Chinese), South Korea, Malaysia, Belgium and Hong Kong SAR lagged somewhat behind, together comprising a further 0.3%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +57.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) constituted the largest lamp holder suppliers to Israel, with a combined 58% share of total imports. France, Italy, Mexico, the UK, Taiwan (Chinese), South Korea, Malaysia, Japan, Belgium and Hong Kong SAR lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Mexico, with a CAGR of +66.8%, saw the highest rates of growth with regard to 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 average lamp holder import price stood at $X per ton in 2021, rising by 9.1% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lamp holder import price increased by +54.3% against 2012 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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