Lithuania: Market for Ballasts For Discharge Lamps Or Tubes 2019

Market Size for Ballasts For Discharge Lamps Or Tubes in Lithuania

The revenue of the ballast for discharge lamp market in Lithuania amounted to $X in 2018, rising by X% against the previous year. In general, ballast for discharge lamp consumption continues to indicate an extraordinary increase. The pace of growth was the most pronounced in 2010 when the market value increased by X% year-to-year. Over the period under review, the ballast for discharge lamp market attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Production of Ballasts For Discharge Lamps Or Tubes in Lithuania

In value terms, ballast for discharge lamp production amounted to $X in 2018 estimated in export prices. Overall, ballast for discharge lamp production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. In that year, ballast for discharge lamp production reached its peak level of $X. From 2010 to 2018, ballast for discharge lamp production growth remained at a somewhat lower figure.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Lithuania

In 2018, the amount of ballasts for discharge lamps or tubes exported from Lithuania amounted to X units, jumping by X% against the previous year. Overall, ballast for discharge lamp exports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, ballast for discharge lamp exports reached their maximum at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, ballast for discharge lamp exports stood at $X in 2018. In general, ballast for discharge lamp exports continue to indicate a tangible expansion. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, ballast for discharge lamp exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, China (X units) was the key exporter of ballasts for discharge lamps or tubes, constituting X% of total exports. Germany (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Poland (X%), Japan (X%) and Mexico (X%). Italy (X units), the U.S. (X units), China, Hong Kong SAR (X units), Thailand (X units) and India (X units) took a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. 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. From 2007 to 2018, the share of Thailand, Poland, Mexico, Germany, China, Hong Kong SAR and China decreased by -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, ballast for discharge lamp exports contracted 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 Mexico (-X% per year).

Export Prices by Country

The ballast for discharge lamp export price in Lithuania stood at $X per unit in 2018, falling by -X% against the previous year. Overall, the ballast for discharge lamp export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. In that year, the export prices for ballasts for discharge lamps or tubes attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the export prices for ballasts for discharge lamps or tubes remained at a somewhat lower figure.

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 Lithuania

Ballast for discharge lamp imports into Lithuania totaled X units in 2018, increasing by X% against the previous year. Overall, ballast for discharge lamp imports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Lithuania imports peaked at X units in 2012; however, from 2013 to 2018, imports failed to regain their momentum.

In value terms, ballast for discharge lamp imports amounted to $X in 2018. Overall, ballast for discharge lamp imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Lithuania imports peaked at $X in 2012; however, from 2013 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) represented the main importers of ballasts for discharge lamps or tubes, together generating 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. From 2007 to 2018, the share of Russia, China, Hong Kong SAR, India, Turkey, Mexico, Italy, France, Germany and the U.S. decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ballasts for discharge lamps or tubes into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

The ballast for discharge lamp import price in Lithuania stood at $X per unit in 2018, waning by -X% against the previous year. Over the period under review, the ballast for discharge lamp import price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. Lithuania import price peaked at $X per unit in 2015; however, from 2016 to 2018, import prices remained at a 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