Italy: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in Italy

The Italian electronic lamp machine market declined to $X in 2021, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Electronic Lamp Machine Production in Italy

In value terms, electronic lamp machine production reached $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Electronic Lamp Machine Exports

Exports from Italy

Electronic lamp machine exports from Italy rose remarkably to X units in 2021, with an increase of 6.6% against the previous year. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 128%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic lamp machine exports dropped rapidly to $X in 2021. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 158% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Bulgaria (X units), Georgia (X units) and China (X units) were the main destinations of electronic lamp machine exports from Italy, together comprising 64% of total exports. These countries were followed by the United States, Poland, Pakistan, Turkey and Mexico, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were in Pakistan (with a CAGR of +1,080.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for electronic lamp machine exports from Italy, comprising 54% of total exports. The second position in the ranking was taken by Turkey ($X), with a 16% share of total exports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+7.7% per year) and the United States (-10.0% per year).

Export Prices by Country

In 2021, the average electronic lamp machine export price amounted to $X per unit, shrinking by -32.1% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2020 an increase of 119%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Lamp Machine Imports

Imports into Italy

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported into Italy amounted to X units, stabilizing at the year before. Over the period under review, imports posted a measured increase. The most prominent rate of growth was recorded in 2014 with an increase of 243% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. In general, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 209% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest electronic lamp machine supplier to Italy, with a 56% share of total imports. Moreover, electronic lamp machine imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), threefold. The third position in this ranking was taken by Spain (X units), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +58.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+19.4% per year) and Spain (-3.0% per year).

In value terms, Germany ($X), France ($X) and Slovakia ($X) constituted the largest electronic lamp machine suppliers to Italy, with a combined 82% share of total imports. The Netherlands, Slovenia, the Czech Republic, Spain, the UK and Croatia lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, Slovenia, with a CAGR of +195.5%, 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 electronic lamp machine import price stood at $X per unit in 2021, picking up by 21% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +11.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic lamp machine import price increased by +49.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 107%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Slovakia ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+59.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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