Italy: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Italy

In 2021, the Italian market for ultraviolet or infrared lamps and arc lamps decreased by -18.5% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Ultraviolet Or Infrared Lamps And Arc Lamps in Italy

In value terms, ultraviolet, infrared, or arc lamp production declined significantly to $X in 2021 estimated in export price. Overall, production recorded a sharp decrease. The pace of growth was the most pronounced in 2018 with an increase of 383% against the previous year. Ultraviolet, infrared, or arc lamp production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Italy

In 2021, after two years of growth, there was decline in overseas shipments of ultraviolet or infrared lamps and arc lamps, when their volume decreased by -0.4% to X units. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 136% against the previous year. The exports peaked at X units in 2020, and then shrank modestly in the following year.

In value terms, ultraviolet, infrared, or arc lamp exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 54% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), the United Arab Emirates (X units) and the United States (X units) were the main destinations of ultraviolet, infrared, or arc lamp exports from Italy, with a combined 34% share of total exports. These countries were followed by Greece, the Netherlands, Spain, Slovakia, France, Slovenia, the UK, Portugal, Thailand and Japan, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +57.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and France ($X) appeared to be the largest markets for ultraviolet, infrared, or arc lamp exported from Italy worldwide, together comprising 48% of total exports. These countries were followed by Spain, the UK, Slovenia, Slovakia, Portugal, the United Arab Emirates, the Netherlands, Thailand, Greece and Japan, which together accounted for a further 14%.

Thailand, with a CAGR of +47.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 export price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, surging by 18% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 65%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($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 Slovakia (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Italy

Ultraviolet, infrared, or arc lamp imports into Italy reduced modestly to X units in 2021, stabilizing at 2020. Over the period under review, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, ultraviolet, infrared, or arc lamp imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Poland (X units) were the main suppliers of ultraviolet, infrared, or arc lamp imports to Italy, together comprising 52% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +109.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ultraviolet or infrared lamps and arc lamps to Italy, comprising 25% of total imports. The second position in the ranking was held by France ($X), with a 9.8% share of total imports. It was followed by the UK, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.1% per year) and the UK (+2.7% per year).

Import Prices by Country

The average import price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, with an increase of 29% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ultraviolet, infrared, or arc lamp import price decreased by -5.9% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 47%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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