Italy: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Italy

In 2021, the Italian non-electrical lamp market increased by 71% to $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Non-Electrical Lamp Production in Italy

In value terms, non-electrical lamp production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 12% against the previous year. Non-electrical lamp production peaked at $X in 2020, and then reduced slightly in the following year.

Non-Electrical Lamp Exports

Exports from Italy

Non-electrical lamp exports from Italy soared to X units in 2021, picking up by 22% against the previous year. Over the period under review, total exports indicated pronounced growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +37.7% against 2017 indices. The growth pace was the most rapid in 2014 when exports increased by 56% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, non-electrical lamp exports rose rapidly to $X in 2021. In general, exports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), France (X units) and the United Arab Emirates (X units) were the main destinations of non-electrical lamp exports from Italy, together accounting for 32% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +76.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electrical lamp exported from Italy were France ($X), the Czech Republic ($X) and the United States ($X), with a combined 39% share of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +65.4%, recorded the highest growth rate of 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

In 2021, the average non-electrical lamp export price amounted to $X per unit, with a decrease of -12.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 60% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Israel ($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 Jordan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Italy

In 2021, overseas purchases of non-electrical lamps and lighting fittings increased by 100% to X units for the first time since 2015, thus ending a five-year declining trend. In general, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a mild decline. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-electrical lamp supplier to Italy, with a 81% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.0% per year) and Germany (-5.9% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Italy, comprising 74% of total imports. The second position in the ranking was taken by India ($X), with a 6.2% share of total imports. It was followed by Germany, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.5% per year) and Germany (-15.2% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, with a decrease of -29.8% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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